Re-elected South Korean president Moon Jae-in today declared he will follow-up on a campaign trail promise to eliminate carbon emissions by mid century. The announcement comes just two days after Japan’s new prime minister said he would accelerate his nation’s emissions target.
The city’s executive mayor has said his officials are working with staff at the national Treasury to draw up a program for municipalities across the nation to turn to independent generators for electricity.
Solar manufacturers Longi and Tongwei have frozen next month’s prices.
UK Power Networks’ ‘Power Potential’ project offers small scale generators the chance to be rewarded for voltage-balancing reactive-power services alongside traditional power stations.
The Italian energy company has developed four big solar plants in the last 21 months to add 794 MW of generation capacity to its 3.67 GW solar portfolio and is emblematic of companies from the wider energy sector focusing on the renewable technology.
The island nation has agreed a deal with the World Bank’s International Finance Corporation to develop at least 15 MW of generation capacity in a US$15 million project.
A research paper into the prospects of manufacturing ‘power-to-liquid’ kerosene in Germany has concluded the government will end up importing it. Wherever the world’s clean aviation fuels are made, however, it seems a lot of clean power will be needed to drive the production process.
The credit, to be made available to public bodies in the bloc’s 27 member states, would be bolstered by €10 billion from the EIB and should not, said the Council of Ministers, support nuclear or fossil fuel projects.
Clean energy electricity generation surpassed that from nuclear and fossil fuels for the sixth successive quarter in the July-to-September window, according to data analyst Enappsys, but Europe saw a fall in solar output and demand patterns at the end of the window may presage a second wave of Covid-19.
The Norwegian renewables company has already raised $300 million of the $700 million, one-year funding it has shouldered to acquire hydro business SN Power from state-owned Norfund.
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