Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!Fans of natural gas have been leaning on carbon-capturing technology to reduce emissions from power plants, but their grip on the electricity grid is dimming as the cost of renewable energy keeps dropping. In the latest blow against natural gas, a new study confirms that wind farms offset their own carbon emissions in well under two years, instead of burning fossil fuel for decades.Wind Farms Offset Their…
Read More…
Category: Wind
Iberdrola to buy rest of US power firm Avangrid in $2.6 billion deal – Reuters
Iberdrola to buy rest of US power firm Avangrid in $2.6 billion deal ReutersAGR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Avangrid, Inc. Is Fair to Shareholders Business WireMERGER INVESTIGATION ALERT: Kaskela Law LLC Announces Shareholder Investigation of Avangrid, Inc. (AGR) and Encourages Investors to Contact the Firm GlobeNewswireIberdrola: To Acquire Remaining Shares For a Price of $35.75 a Share MarketWatchIberdrola to acquire the rest of subsidiary…
Read More…
Siemens Gamesa’s India wind biz up for sale at $1 billion valuation
Mumbai: Looking to cut losses and return its wind turbine business to profitability by 2026, German energy major Siemens Energy AG has put the India wind turbine unit of its subsidiary, Siemens Gamesa Renewable Energy, up for sale, two people aware of the development said.
Mumbai: Looking to cut losses and return its wind turbine business to profitability by 2026, German energy major Siemens Energy AG has put the India wind turbine unit of its subsidiary,…
Read More…
In Egypt, a 10 GW wind megaproject announced in western Suhag
After China, Egypt is likely to be the country of gigantism when it comes to renewable energy production. The Egyptian government has just authorized a consortium to develop 3,025 km2 of land in the western Suhag governorate. On site, Emirati energy giant Masdar, its joint venture Infinity Power (with Infinity Energy) and Egyptian flagship Hassan Allam Utilities are planning to deploy a vast 10,000 MW wind farm.
This mega project in the making could require an investment of $10 billion….
Read More…
Statkraft acquires Neoen’s project portfolio in Croatia
Statkraft has acquired the Croatian portfolio of French renewables developer Neoen. According to Arnaud Bellanger, Country Manager for Croatia and France at the Norwegian state-owned utility, the deal covers about ten projects.
Statkraft said the acquisition received all regulatory approvals, allowing Neoen’s portfolio to be integrated into its operations in Croatia.
It added that the transaction includes all of Neoen’s early-stage projects in the country, for…
Read More…
Source: https://balkangreenenergynews.com/statkraft-acquires-neoens-project-portfolio-in-croatia/
How Amazon is making deliveries more sustainable throughout the UK
As part of our commitment to sustainability, Amazon is making millions of deliveries on foot or using electric cargo bikes across the UK.Many Amazon customers in London, Manchester, Glasgow, and now Belfast will receive packages delivered by more sustainable modes of transportation thanks to a series of new ‘micromobility’ hubs located in these cities, as well as many others across the world.What are Amazon’s ‘micromobility’ hubs?Micromobility hubs are physical centres within urban…
Read More…
Siemens Energy boss says there can be no energy transition without China, ET EnergyWorld – ETEnergyWorld
Siemens Energy boss says there can be no energy transition without China, ET EnergyWorld ETEnergyWorld
Read More…
HD HHI to Build Offshore Wind Power Generation Base in Philippines
(from left) Kim Sung-joon, CEO of HD Hyundai Heavy Industries; Philippine President Ferdinand Marcos Jr.; and Alex Bernard, head of Asian business at Cerberus Capital Management pose for a photo during a ceremony to announce a plan for the operation of Subic Yard at the Malacanang Palace, the official residence of the Philippine President, on May 14.
HD Korea Shipbuilding & Offshore Engineering (KSOE) will build a floating wind farm after leasing a site at Subic Yard in the…
Read More…
Source: https://www.businesskorea.co.kr/news/articleView.html?idxno=217205
Opinion | Tariffs against China hinder battel against climate change
Citing the need to protect U.S. jobs from what otherwise would be Chinese domination of clean energy manufacturing, President Biden has announced steep new tariffs on Chinese-made steel and aluminum (25 percent), semiconductors (50 percent), solar cells (50 percent), and electric vehicles (100 percent). Though the immediate, tangible impact of his decision might be modest — it affects just $18 billion of imports, in part because there are very few electric vehicles from China sold in the…
Read More…
Source: https://www.washingtonpost.com/opinions/2024/05/16/china-tariffs-climate-evs-energy/
Energy Insider: Major Sodium Energy Storage Station Enters Operation, Battery Giant CATL Taps Into Shipping
This week’s Caixin energy wrap highlights several significant developments in China’s climate and energy sector across policy, industry, and projects. Key areas include advancements in sodium-ion battery storage, CATL’s ventures into electric shipping, challenges in transitioning Shanxi’s coal economy, Beijing’s promotion of green energy for EV charging, and China’s leadership in global wind and solar power generation.China’s inaugural major sodium-ion battery energy storage…
Read More…