Advertisement

EGEB: The City of Sydney is now on 100% renewable energy – Electrek

egeb: the city of sydney is now on 100% renewable energy – electrek

BEGIN ARTICLE PREVIEW:

In today’s Electrek Green Energy Brief (EGEB):

The City of Sydney, the central borough of the larger Australian metropolis, is now entirely on green energy.
Duke Energy’s and Dominion’s Atlantic Coast Pipeline is dead.
ARC Marine’s reef cubes protect both offshore wind turbines and encourage marine biodiversity.

The Electrek Green Energy Brief (EGEB): A daily technical, financial, and political review/analysis of important green energy news.
City of Sydney goes green
The City of Sydney, the central borough of the larger metropolis of Sydney, Australia, is now entirely powered by green energy. It’s sourced from one wind farm and two solar farms in New South Wales via electricity retailer Flow Power, as of last week. The City is home to around 250,000 people.
EuroNews writes:
All the City’s operations, including street lights, swimming pools, council buildings, and even the historic Sydney Town Hall, will run off entirely renewable sources. This is the biggest green energy deal in Australia’s history, with a value of over AUD$60 million [USD$40 million] overall.
Sydney’s Lord Mayor Clover Moore (pictured above), said:
Cities are responsible for 70% of greenhouse gas emissions worldwide, so it is critical that we take …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE

Hawaiian Electric projects $3.5-$4B to be invested into 29 renewable energy projects – Daily Energy Insider

hawaiian electric projects $3.5-$4b to be invested into 29 renewable energy projects – daily energy insider

BEGIN ARTICLE PREVIEW:

Hawaiian Electric projects $3.5-$4B to be invested into 29 renewable energy projects
Published on July 06, 2020 by Chris Galford

© ShutterstockTouting the investment as a potential boost to Hawaii’s recovery from COVID-19, Hawaiian Electric announced last week that its planned 29 gid-scale renewable energy projects on four islands will represent between $3.5-4 billion for the economy.
Of those projects, 14 are currently underway on Oahu, eight on Hawaii Island, and seven on Maui. Plus, rooftop solar continues to expand: more than 3,000 private rooftop solar projects have been interconnected on the islands this year, representing more than $65 million in investments from businesses and homeowners on Oahu alone. Those investments will end up offsetting electric bills and contribute to larger renewable energy goals for the state.
Today, Hawaiian Electric hosts a renewable portfolio standard of around 28 percent. The company notes that all of these efforts have the potential to jump that percentage up to more than 60 percent by 2026. On Hawaii Island, nearly 100 percent of energy could become renewable. Of the projects previously listed, all but three will also be built, owned, and operated by independent power producers selling electricity to Hawaiian Electric.
“From the installation of one rooftop solar system to building a project …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Hawaiian Electric projects $3.5-$4B to be invested into 29 renewable energy projects – Daily Energy Insider”

RCG forms Nordic clean power alliance

rcg forms nordic clean power alliance

BEGIN ARTICLE PREVIEW:

The Renewables Consulting Group (RCG) and Aege Energy are partnering to offer renewable energy advisory services in the Nordic region.
The companies have signed a memorandum of understanding for a business alliance that will focus on both onshore and offshore renewable energy in Norway, Sweden, Denmark, Finland and Iceland.
RCG Nordic will be headquartered in Oslo, Norway, and also have a presence in Bergen to support maritime and offshore energy clients.

RCG said Aege Energy’s local presence and RCG’s renewable energy sector expertise and strong global industry relationships will “add tremendous value to the sector within the region”.
The partners expect to finalise the joint venture and begin operations over the next few months, subject to the agreement and completion of terms and conditions.
Aege Energy managing director Leon Notkevich said: “We are excited about joining forces with RCG and creating a joint venture which will be a powerhouse supporting our clients grow renewable energy in the Nordic region.
“Combining our extensive knowledge and experience in Norway, and the broader region, with RCG’s strength as a global leader in renewable energy advisory, creates a strategic platform for our businesses to work together and thrive.”
RCG Chairman Alan …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “RCG forms Nordic clean power alliance”

Iowa cities and towns invest in renewable energy » Yale Climate Connections

iowa cities and towns invest in renewable energy » yale climate connections

BEGIN ARTICLE PREVIEW:

(Image credit: 1000 Friends of Iowa video)

Many cities and towns are investing in renewable energy, and climate change is not the only motivation.
Kari Carney is the executive director of 1,000 Friends of Iowa. The nonprofit encourages responsible land use and sustainability in cities and towns across the state.
“A lot of the communities that have been taking action are really doing it for other reasons – economic reasons being a big part of it, wanting to have more control over utility systems, and so forth,” she says.
For example, the small city of Bloomfield, Iowa, has been looking to renewable energy as a way to help build the local economy, “as a jobs program, as a way to really help their low-income residents,” Carney says. “So they set a goal basically of 100% energy independence.”
To meet this 2030 goal, the municipal utility began installing solar.
And the city is investing in energy efficiency. For example, it’s offering energy audits for low-income residents, and helping finance efficiency upgrades that residents gradually pay off through their utility bills.
So Carney says cities and towns can help reduce carbon pollution – even if global warming is not their main reason for doing so.

Reporting credit: …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Iowa cities and towns invest in renewable energy » Yale Climate Connections”

The Next Energy Battle: Renewables vs. Natural Gas

the next energy battle: renewables vs. natural gas

BEGIN ARTICLE PREVIEW:

Dominion Energy, one of the nation’s largest utilities, in late June erected wind turbines off the Virginia coast — only the second such installation in the United States — as part of a big bet on renewable energy.The company is also planning to build new power plants that burn natural gas.Utilities around the country are promoting their growing use of renewable energy like hydroelectric dams, wind turbines and solar panels, which collectively provided more power than coal-fired power plants for the first time last year. But even as they add more green sources of power, the industry remains deeply dependent on natural gas, a fossil fuel that emits greenhouse gases and is likely to remain a cornerstone of the electric grid for years or even decades.Utilities maintain that they need to keep using natural gas because the wind and the sun are too unreliable. They are also reluctant to invest in energy storage, arguing that it would cost too much to buy batteries that can power the grid when there isn’t enough sunlight or wind.“We’ve got to have a resource that has an ‘on’ and ‘off’ switch,” said Katharine Bond, vice president for public policy …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “The Next Energy Battle: Renewables vs. Natural Gas”

NextEnergy acquires first Indian asset

nextenergy acquires first indian asset

BEGIN ARTICLE PREVIEW:

NextEnergy Capital has acquired its first asset in India, a 27.4MWp solar PV project in the eastern state of Odisha, from IBC SOLAR.
The solar investment fund said the plant benefits from a long-term power purchase agreement in place with an AA+ rated investment grade off-taker, covering a 25 year term.
The plant has been operational since 2018 and has been acquired from IBC SOLAR Energy GmbH, the international project division of Germany-based IBC SOLAR AG, who constructed the solar farm.

The solar farm will be own by NextEnergy Capital’s NextPower III fund which now has a 385MWp capacity either operational or under construction.
It says it has eight further projects under exclusivity with a total capacity of circa 800MWp.
NextPower III’s investment strategy is to acquire solar power plants at the ready-to-build status or in operation across high-growth international markets, it says.
The investment team is currently focusing its efforts to increase the portfolios in selected geographies including the USA, Latin America, Southern Europe and India, where NPIII have ongoing transactions, and expects to announce further acquisitions during the third quarter of 2020.
“This acquisition allows NextPower III to further increase its presence globally and enter the Asia Pacific market …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “NextEnergy acquires first Indian asset”

China’s mega-dams are giving way to cheaper renewable energy

china’s mega-dams are giving way to cheaper renewable energy

BEGIN ARTICLE PREVIEW:

It’s the beginning of the end for the era of mega-dam building in China.China Three Gorges Corp. last week turned on the first set of generators at the massive Wudongde hydropower plant, deep in the mountains of Yunnan province. About 170 kilometers (106 miles) downstream on the Jinsha River sits Baihetan, the last of its kind, scheduled to go into operation next year.
At full run, the two sites will produce more electricity than every power plant in the Philippines combined. They’re the final two mega-dams in a Chinese construction boom that goes back more than half a century, one that became increasingly mired in controversy over the trade-off between the benefits of the renewable energy and flood prevention and the social and environmental costs.
Now, China’s hydro industry is down-shifting toward smaller projects and pumped storage. Engineers have run out of the easiest locations to power massive sets of turbines and the falling cost of rival energy sources such as solar mean it isn’t worth moving on to more challenging locations.
“It’s so cheap developing renewables and coal-fired power, why bother injecting huge sums of money to develop hydro 2,000 kilometers deep in the Tibetan plateau,” said Frank Yu, an analyst …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “China’s mega-dams are giving way to cheaper renewable energy”

Barring renewable energy, power sector still feels the shock

barring renewable energy, power sector still feels the shock

BEGIN ARTICLE PREVIEW:

There has also been a moderation in the prices for short-term purchase from power exchanges.Power demand and generation fell to 5-year lows during April-May’20 – however, the output of renewable energy increased by 5.2% y-o-y during Apr-May’20. Related NewsAlthough demand rose by 20% in May’20 from the lows of April’20, it is still significantly below seasonal demand. There has also been a moderation in the prices for short-term purchase from power exchanges.Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter. Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Barring renewable energy, power sector still feels the shock”

Virtual meeting just box ticking

Information Access and Management (IAM) Platform powers IAM Network - 60,000 + engaged information professionals worldwide.

BEGIN ARTICLE PREVIEW:

A FORMER Wiltshire councillor says Northacre Renewable Energy’s proposal to build an incinerator in Westbury will be a massive blot on the landscape.

Northacre Renewable Energy is proposing to change the technology for its Northacre facility from gasification to conventional moving grate combustion.

The facility has existing planning permission, which was granted in 2019, however the change of technology now being proposed requires a new planning application to be submitted.

Former Wiltshire councillor David Jenkins, who resigned his seat last year, said he thinks the company is just trying to “tick a box” on community engagement with its plans for a virtual meeting on Tuesday.

He said: “I don’t think that the community of Westbury and surrounding areas realise the implications for the town should this application be approved.

“Do you want to live in a town that has an incinerator and all the implications to health and the environment that it will come with it, such as smells, flies, dust and air pollution etc.

“As well as the existing community, there willbe many people with families moving into their new homes on the housing estates, some of which will be very close to the proposed incinerator.

“The applicant …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “Virtual meeting just box ticking”

The Central Otago family-run startup sustaining the renewable energy dream

the central otago family-run startup sustaining the renewable energy dream

BEGIN ARTICLE PREVIEW:

Covid-19 or not, renewable energy is the future. That’s why one grassroots business is taking a leap of faith and trusting that the current downturn will eventually yield to an ecotourism boom.To launch an ecotourism business in rural Otago right now, you’d need to be either a visionary or just a little bit mad.Rik Deaton may be a bit of both.With the help of his three sons, Wanaka local Rik and his wife Juliet have launched LandEscape – a sustainable, renewable energy-focused venture that combines the splendour of the Central Otago landscape with the mobility of electric bikes.Located on the Deatons’ land near the Hawea River, LandEscape has a fleet of 80 electric bikes for hire, eight wood-fired chlorine-free hot tubs to relax in day or night, and nine kilometres of wide, easy trails for guests to immerse themselves in the intermontane wonderland.It’s a bold business idea in a spectacular setting and it’s invariably tapping into a market with enormous potential. However, a lot can change in six months, and the devastating effects of Covid-19 has forced all tourism operators to refocus their business strategies on one thing – survival.With many businesses in …

END ARTICLE PREVIEW

READ MORE FROM SOURCE ARTICLE Continue reading “The Central Otago family-run startup sustaining the renewable energy dream”