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Japan to limit financing of overseas coal power plants

  • 2 months ago (2020-07-10)
  • David Flin

Japan has said that it will tighten its rules on investment in foreign coal-fired power stations on environmental grounds, but it stopped short of completely ending government funding for such projects.

Eskom issues power alert due to constrained system

  • 2 months ago (2020-07-09)
  • David Flin

South Africa’s power utility Eskom has issued an alert level one, urging users to reduce electricity supply due to a constrained system.

Zimbabwe’s Kariba power station resumes full capacity after drought

  • 2 months ago (2020-07-08)
  • David Flin

Kariba, Zimbabwe’s main hydropower plant, is operating at near full capacity for the first time since it was upgraded two years ago, enabling Zimbabwe Power Company (ZPC) to generate more electricity.

Statkraft and GE sign joint contract to support UK grid stability

  • 2 months ago (2020-07-07)
  • David Flin

Statkraft, Europe’s largest generator of renewable energy, has agreed to work with GE and deliver a means to improve the stability of the UK grid.

GREEN Solar and Siemens Energy sign cooperation agreement to make German city of Herzogenrath CO2-free

  • 2 months ago (2020-07-06)
  • David Flin

The German city of Herzogenrath is developing an energy farm that will cover its energy demand with zero CO2 emissions by 2030.

Synthesis Analytics launches first tranche of £300m green bond

  • 2 months ago (2020-07-03)
  • Junior Isles

Synthesis Analytics, the Swedish innovator combining green high-performance computing (HPC) and intelligent, sustainable district heating, has launched the first £40 million ($49.85 million) tranche of a £300 million fund-raising round to fuel the next stage of its growth.

UK’s CDC Group unveils commitment to become aligned to the Paris Agreement

  • 2 months ago (2020-07-03)
  • David Flin

CDC Group, the UK’s development finance institution, has unveiled a plan to achieve net zero emissions across its portfolio by 2050 in support of the Paris Agreement on climate change.

Hitachi ABB Power Grids commences operations in $10 billion joint venture

  • 2 months ago (2020-07-02)
  • David Flin

Hitachi and ABB have announced the completion of all the required processes to allow for the formation of Hitachi ABB Power Grids, in accordance with the agreement signed on 17 December, 2018.

Spain closes half its coal-fired power stations

  • 2 months ago (2020-07-01)
  • David Flin

On June 30, Spain shut down eight of its 15 coal-fired power stations saying that they were unprofitable and to comply with European regulations on industrial emissions.

China’s giant Wudongde hydropower project begins power generation

  • 2 months ago (2020-06-30)
  • David Flin

China’s massive Wudonge hydropower plant, which will have a full capacity of 10GW, has begun generating power following a successful trial run.