REM - Renewable Energy
US state goals will require some 90 GW of new renewable-energy capacity by 2030
US state-level Renewable Portfolio Standards (RPSs) require some 90 GW of new renewable energy capacity by 2030 and will require total US non-hydro renewables generation to reach 17% of electricity sales, according to a new study.
Renewable energy edges ahead of coal in the US, according to official figures for 2020
Renewable energy has inched past coal in the US for the first time ever, according to official figures for 2020 published by the Energy Information Administration (EIA). The market leader for production of electricity remains natural gas.
Jennifer Granholm sworn in as the 16th Secretary of Energy
Jennifer Granholm was sworn in as the 16th Secretary of Energy on 25 February, becoming the second woman to lead the crucial Department of Energy.
Ørsted delays Skipjack commissioning by another three years to 2026
Ørsted has announced that it is delaying commissioning of the 120-MW Skipjack offshore wind farm, planned for a site off the coast of Delaware and Maryland in the eastern US, by another three years to mid-2026.
China’s State Grid sets out greener goals
State Grid Corp. of China has announced ambitious plans to cut its reliance on coal and to reduce its emissions from a future peak by 2025.
IEA warns emissions dip did not last
Global energy-related emissions fell by 5.8% in 2020, but a sharp recovery at the end of the year indicates that emissions are already rising again.
Guterres calls for comprehensive coal phase-out
UN Secretary General Antonio Guterres this week has called for a comprehensive coal phase-out if the world is to meet its 1.5 degree goal for global warming.
Rosneft pushes ahead with Carbon Management Plan
Russia’s Rosneft has unveiled ambitious plans to reduce Scope 1 and 2 emissions by 30% and to prevent 20 mn tonnes of CO2 equivalent of future emissions by 2035 as the country’s corporate giants pay more attention to green issues and ESG goals.
China leads offshore wind growth in 2020
China installed 3 GW of new wind capacity in 2020, half the global total, as offshore wind demonstrated its resilience to COVID-19.
Itochu, Air Liquide to develop hydrogen partnership in Japan
Japan’s Itochu and France's Air Liquide have formed a strategic joint venture to create a hydrogen value chain in Japan covering both production and utilisation of the fuel.
Russian oil major Rosneft details 2035 carbon goals
Moscow to issue first regional green bonds
Moscow will be the first Russian region to issue "green bonds" to finance ecological and environmental projects and it is targetting investors interested in ESG
Politicians in Herzegovina reported building hundreds of solar power plants without concessions
Poland’s Orlen looks to build offshore windmills in Lithuania
Singapore’s B&S Power to join 200-MW solar project in Nigeria
Nigeria’s Sunnyfred Global has signed an agreement with the Singaporean company B&S Power Holding to finance and build a 200-MW solar PV plant in Ashama, Delta State, in what would be the largest solar power plant in West Africa.
Eskom unbundling set for 2022
South Africa’s Eskom is expected to complete its unbundling into separate transmission, generation and distribution divisions by December 2022, the country’s National Treasury said this week.
Revego Africa Energy Fund to raise $102mn at IPO for South Africa
Revego Africa Energy Fund, an investor in South African renewable projects, is looking to raise as much as ZAR1.5bn ($102mn) by April.
Solar potential in Africa
Africa offers considerable solar potential if governments can put in place the right policies and grid resilience is improved
APA to convert gas pipeline to 100% hydrogen
Australian energy infrastructure operator APA Group has unveiled plans to convert a 43-km section of a natural gas pipeline in Western Australia into the country’s first fully hydrogen-ready transmission pipeline.
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