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India’s $122bn energy stimulus spending may benefit fossil fuels most

A report says India’s energy investment commitments over the last 14 months largely feature measures for power transmission and distribution that could benefit greenhouse-gas-producing fuels more than renewables.

Polish oil company plans 100 MW solar park at brown coal mine

The solar park is expected to be connected to the grid infrastructure of a coal power plant located nearby. Polish oil group Orlen is targeting 2 GW of renewable energy assets by 2030.

Australian utility develops battery storage

AGL, one of Australia’s biggest polluters, is working toward net-zero emissions by 2050, and aims to use big batteries to replace the spinning reserves of some coal and gas generators.

Germany launches first auction of coal-exit compensation payments

Federal network agency the Bundesnetzagentur has announced it will retire 4 GW of coal-fired generation capacity through the exercise, which will see plant operators compete to secure one-off payments in return for shuttering, or converting operations.

US renewable energy surpasses coal for the first time in more than a century

The coal era could be said to be officially over in the United States.

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Eskom launches tender to ‘repurpose’ coal plants with low-carbon growth tech

The debt-saddled South African utility has issued an expression of interest to seek proposals on how to refurbish three fossil fuel power plants to be decommissioned in the current decade. Eskom said that all of the proposed solutions should be at the tech-readiness level.

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Austria’s last coal power plant shuts down

Austrian power provider Verbund has shut down its coal-fired district heating plant in the state of Styria as planned. This means that coal power generation in Austria is now history, paving the way for a switch to a 100% renewable power supply by 2030. However, Photovoltaic Austria emphasizes that Austria needs a well-considered plan for clean energy, as a quarter of the nation’s electricity is still generated from fossil fuels.

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North Macedonia launches 100 MW solar tender

Utility ESM is seeking potential partners for the construction of two 50 MW solar facilities at its shuttered coal power plant near Kičevo.

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No more money for Polish coal

Polish power providers Enea and Energa have suspended construction financing for a new 1 GW coal power plant in northeastern Poland. According to the Europe Beyond Coal campaign, this could mark the beginning of the end for the $1.6 billion project. The two companies said their decision depended mostly on the new EU policy for the electricity sector and a lack of external financing.

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German coal mines could host 3 GW of floating PV

Research institute the Fraunhofer ISE has estimated the technical potential of floating PV at mining sites in Germany at around 56 GW. With floating projects 10-15% more costly than land-based alternatives, researchers have called for further incentives, such as the staging of ‘innovation tenders’.

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