They discussed various issues of mutual interest including ways to expedite progress on bilateral power projects currently under discussion between the two sides.
French oil major Total added another 3.3 gigawatts of Spanish solar to its renewables portfolio on Friday as it chases down a target of 25 GW by 2025. The company also revealed it has signed a corporate power purchase agreement for 6 TWh of power from around 3 GW of its Spanish solar portfolio. That makes it the largest corporate PPA in the world. Google signed a 1.6 GW deal across 18 projects last year. Offshore wind giant Orsted's 920 MW-deal with Taiwanese chipmaker TSMC is the largest deal for a single project.
America is now exporting more energy than it imports, due to a massive shift in oil production that took place over just under two decades.
World Solar Bank Aims To Infuse $10 Bn In Solar Projects Across Isa Members | Business Standard News
With high priority accorded to Make in India, the government shall soon launch incentive schemes to invite global companies to set up mega manufacturing plants.
Countries that invest in renewable energy production face frequent opposition from local homeowners. Using a detailed housing transactions dataset covering the whole of the Netherlands since 1985, this column compares the overall impact that wind turbines and solar farms have on housing prices. It finds that tall wind turbines (over 150 metres) have a negative effect, and solar farms generate losses as well (2-3% for homeowners within a 1km orbit). This evidence should be factored into finding the optimal allocation of renewable energy production facilities.
The next phase of the economic recovery is likely to be driven by commodity-intensive infrastructure investment, analysts have told CNBC.
Battery Energy Storage Systems Integrated In Solar Facilities To Receive Tax Incentives | Farella Braun + Martel Llp
Intermittency is one of the largest issues impeding increased reliance on energy from utility-scale renewable energy generation sources such as wind and solar. Battery energy storage systems ("BESSs") can alleviate concerns related to intermittency and will play a vital role in transitioning to primarily renewable energy sources. However, BESSs has not received the same tax incentives as wind and solar facilities. Rather, BESS deployment has benefited from tax incentives only when incorporated...By: Farella Braun + Martel LLP.
Ferc Rejects Nyiso Buyer-side Mitigation Proposal Aimed At Clean Energy Transition | Troutman Pepper
On September 4, 2020, FERC rejected the New York Independent System Operator, Inc.'s ("NYISO") proposed revisions to its buyer-side mitigation ("BSM") rules that sought to prioritize storage, wind, solar, and other zero-emitting resources ("Public Policy Resources") in NYISO's Installed Capacity ("ICAP") Market, rather than prioritizing new resources purely on a least-cost basis. While NYISO argued the state's carbon and nitrogen oxide emissions reduction goals mean that a resource's cost...By: Troutman Pepper.
By Adnan Bajic Perth-based Clean Energy Fuels Australia (CEFA) has secured a long-term site lease for an LNG plant near the town of Mount Magnet. Illustration only (Courtesy of CEFA) The project is currently under assessment by the WA Planning Commission (WAPC) as a 'significant development' in the new State Government planning pathway to support...
By Adnan Bajic Singapore LNG Corporation (SLNG) and Total Solar Distributed Generation (DG) have signed an agreement for solar power to be implemented at the Singapore LNG terminal on Jurong Island. Courtesy of Singapore LNG Under the agreement, Total Solar DG will finance, build and operate a 600 kilowatts peak (kWp) rooftop solar power system,...