Argentina May Be The Hottest Renewable Energy Market You Haven't Heard Of. Can It Spur A Global Boom?
An innovative approach unlocked Argentina's renewable energy market, adding 6.5 GW and $7.5 billion investment in three years. Now it may spur a 75 GW, $110 billion global renewables boom.
The new system will allow fuel savings of 13.1 million litres of heavy fuel oil (HFO) a year. : Canadian gold miner B2Gold (TSX: BTO) has approved a $3 million investment to build an offgrid solar battery hybrid system at its Fekola mine in Mali. Construction is set to start at the end of this year, with completion scheduled for August 2020.
A geothermal power company says it can make California's Salton Sea the first major source of U.S. lithium production. : Gaze across the Salton Sea, a sparkling oasis in the California desert, and you'll see white plumes of steam rising against the hazy Chocolate Mountains. The steam comes from 11 geothermal power plants, nestled between the accidental lake and the verdant farm fields of the Imperial Valley. The area has been churning out climate-friendly geothermal energy since the 1980s, long before solar panels and wind turbines became cheap and abundant.
The investment will help fund Henvey Inlet Wind and Grady Wind facility acquisitions. : CBRE Caledon Capital Management has invested $260m (EUR236m) in US-based independent renewable energy firm Pattern Energy Group. The infrastructure and private equity investor, on behalf of a fund it sponsors as well as its separately managed accounts, is investing the capital via Pattern Energy's private placement of perpetual preferred stock. Pattern Energy said it will use a portion of the proceeds to buy ownership interests in two operating wind power facilities, the Henvey Inlet Wind facility in Ontario and the Grady Wind facility in New Mexico.
The Energy Edge: Seia Says Solar Tax Credit Extension Would Boost Economy, Jobs, Renewable Energy Scale | Buchanan Ingersoll & Rooney Pc
The Solar Energy Industries Association (SEIA) just gave Congress 87 billion reasons to extend the solar Investment Tax Credit (ITC). Maintaining the credit through 2030 would create $87 billion in new private sector investment and add 113,000...By: Buchanan Ingersoll & Rooney PC.
Exxon Mobil Corp. is considering a sale of its oil-producing offshore assets in Malaysia as part of the U.S. energy giant's global divestiture program.
Accelerating clean energy transition at Europe's airports & deliver NetZero2050. : AMSTERDAM - European airport trade association, ACI Europe signs a key cooperation agreement with the RE-Source Platform, the European alliance of stakeholders for corporate renewable energy sourcing, at its annual event in Amsterdam. This new partnership will facilitate the clean energy transition at Europe's airports, empowering them to deliver on their objective to reach Net Zero by 2050 for carbon emissions under their control(1).
Google has recently invested a record-breaking amount in renewable energy deals in the United States, Chile, and Europe. They announced 18 new deals, which is by far their largest investment in renewable energy deals.
The Government has broadly rejected a string of recommendations from MPs aimed at decarbonising the portfolio of the UK's export credit agency, which has continually been found to be financing fossil fuel projects in developing nations.
NextEra Energy Partners LP agreed to buy Meade Pipeline Co., an owner of a pipeline that provides gas from Pennsylvania, in a deal valued at about $1.37 billion.