News
China’s Yangtze delta targets 2% cut in tiny smog particles this winter
SHANGHAI (Reuters) – The 41 cities of China’s Yangtze river delta manufacturing hub will aim to cut concentrations of tiny airborne smog particles known as PM2.5 by 2% this winter, below last year’s target of 3%, the environment ministry said, in a new action plan. China, which is in its sixth year of a war […]
Equinor Discovers Oil and Gas in the North Sea
Norwegian energy major Equinor and its partners have found oil and gas at the Echino South prospect near the Fram field in the North Sea. Recoverable resources are estimated at between 38 million and 100 million barrels of oil equivalent, adding considerably to the area’s resource base, the company said. Equinor senior vice president for […]
Time: China Is Bankrolling Green Energy Projects Around the World
TIME – Perched on the ochre scrub of Argentina’s sunbaked Puna Jujeña plateau, the $400 million Cauchari power station is the world’s highest-altitude solar farm at 13,000 ft (about 4,000 meters) above sea level. In Kenya’s volcano-strewn Rift Valley, a newly green-lit, super-efficient electrical substation will soon funnel clean power from the nearby Olkaria Geothermal […]
NBT Joins Hands with Major Chinese Contractor and Banks To Build Europe’s Largest Wind Farm in Ukraine
NBT AS, a utility-scale wind power developer based in Oslo and China Electric Power Equipment and Technology Co., Ltd. (CET), the EPC subsidiary of State Grid Corporation of China, have signed two EPC contracts for building a 750 MW wind farm in Ukraine. Located in the Zaporizhia region of Ukraine, the Zophia Wind Farm […]
China Solar Power Dims Under Reduced State Support
The addition of solar power to China’s grid plunged 54% in the first nine months of the year compared with a year earlier, as developers cooled to the renewable energy source under a strict, less lucrative new program that’s part of Beijing’s plan to wean the sector from state support. Installation of new solar energy […]
Offshore Wind Can Power The World, Says IEA
The IEA says in its new report, “Offshore Wind Outlook 2019″, that offshore wind could generate 11 times more electricity than the world needs and could attract $1 trillion investment by 2040. The report states that offshore wind has the potential to generate more than 420,000 TWh of electricity per year worldwide, which is more […]