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Energy efficiency subsidy could cut UK demand by 40 per cent

  • 11 years ago (2012-10-16)
  • David Flin

A report from the UK think tank Green Alliance has said that an electricity efficiency feed-in traiff (EE FiT) paying projects that can demonstrate measured electricity use savings should be introduced into the upcoming Energy Bill, as this will introduce a financial incentive for energy efficiency.

ADB-led lenders readying $.14 billion for Bangladesh power sector

  • 11 years ago (2012-10-13)
  • David Flin

Four lenders, including the Asian Development Bank (ADB), are readying a fund worth about $1.4 billion for development of the Bangladesh power sector.

India faces rising power prices

  • 11 years ago (2012-10-13)
  • Junior Isles
Indian domestic power producers are facing rising cost of fuel and finance, which has pushed up the cost of generation by as much as 50 per cent over last two years.

Solarstrom plans 440 MW of solar capacity in Spain

  • 11 years ago (2012-10-10)
  • Junior Isles
German renewables developer, SAG Solarstrom AG, is to build 440 MW of solar generation capacity in Spain’s Extremadura region, in conjunction with partners.

BNEF records mediocre quarter for renewables

  • 11 years ago (2012-10-10)
  • Junior Isles
Data from Bloomberg New Energy Finance (BNEF) suggests a mediocre third quarter for clean energy investment is likely to make 2012 the first global ‘down’ year in almost a decade.

CEZ says EU settlement deal to sell capacity still valid

  • 11 years ago (2012-10-09)
  • David Flin

Czech company CEZ has said that its plan to sell 800 MW of generation capacity to resolve European Union competition issues remains unchanged after a period of third-party comments on the plan.

UK risks generation shortage due to fall in spare capacity

  • 11 years ago (2012-10-07)
  • Junior Isles
UK energy regulator Ofgem has forecast that the UK will run the risk of electricity generation shortages in the winter of 2015-16, as spare capacity falls from 14 per cent to just 4 per cent due to earlier-than-expected closures of coal-fired power plants under the EU’s large combustion plant directive (LCPD).

Petron gets agreement from Philippines SEC to enter power generation

  • 11 years ago (2012-10-06)
  • David Flin

The Philippine oil company Petron Corporation has secured the approval of corporate regulators to change its articles of incorporation.

Sumitomo acquires 25 per cent stake in $2.3 billion US solar farm

  • 11 years ago (2012-10-04)
  • Junior Isles

Japan’s Sumitomo Corp. has spent $200 million to acquire a 25 per cent stake in Desert Sunlight Investment Holdings LLC, the operator of a $2.3 billion solar project in California, USA.

Iraq to invest $500 billion in energy

  • 11 years ago (2012-10-02)
  • David Flin

Iraq will invest around $500 billion in energy and linked industries by 2030, generating around $6 trillion in revenues, according to the country’s Deputy Prime Minister for Energy, Hussain al-Shahristani.