In world hungry for yield, what role can infrastructure play? Paul Kovarsky, CFA, spoke with Alina Osorio, CFA, of Fiera Infrastructure for her take.
CRYSTAL RIVER, Fla., Nov. 30, 2018 /PRNewswire/ -- Duke Energy's 1.8 million customers in Florida are now receiving 1,640 megawatts of cleaner-burning, highly efficient energy from the company's new state-of-the-art combined-cycle natural gas plant in Citrus County, Fla. The station...
The Jammu and Kashmir government Wednesday approved an amendment to the Gas Pipeline Act to help expansion of the gas distribution network in the state, an official spokesman said. The proposed amendment was approved by the State Administrative Council (SAC), which met here under the chairmanship of Governor Satya Pal Malik. With the amendment, it is hoped that Jammu and Kashmir will have a main gas pipeline from Srinagar by the end of 2019 and a city gas distribution network in Jammu, Srinagar and other major towns within the next 18 to 24 months, the spokesman said.
Capex in Australia's utilities sector rose sharply in 2017/18, led by a surge in renewable energy investment. CBA's Kristina Clifton says financial incentives from the government should ensure further renewables investment in the years ahead. More >>
The pipeline Kiryas Joel started building in 2013 to tap the Catskill Aqueduct could cost the village $65 million by the time it is done, and it may not secure aqueduct water for another three years, according to the latest cost estimates and timetable produced by the village's engineers.The village completed the first stage of work in March, when it tapped a new well in Cornwall that sent water coursing through the first 6.5 miles of pipeline Kiryas Joel had buried across Woodbury. [...]
NN (L) European Sustainable Infrastructure Debt plans first close in 1H of 2019.: The EUR238bn manager said the NN (L) European Sustainable Infrastructure Debt fund, launched last week, aims to have a first close in the first half of 2019. NN (L) European Sustainable Infrastructure Debt has a target annual gross return of 3% to 4% and a duration of 12 to 15 years. The fund aims to build a diversified portfolio of infrastructure debt across Europe in five core sectors, including social infrastructure, transportation, energy, utilities and digital infrastructure, the manager said.
The booming renewables industry in Texas should, in theory, create a role for energy storage plants to manage its variability. Years into the Lone Star State's wind and solar deployment, though, little grid storage has arrived, and future prospects look bleak. Early projects have delivered some 89 megawatts of storage into ERCOT's grid, said Cheryl Mele, chief operating officer of the Electric Reliability Council of Texas, the grid operator. Another 1,800 megawatts have entered the interconnection queue, which by no means guarantees they will be built.
State has tripled its supply of renewable energy in the last two years. : PROVIDENCE, R.I. -- Rhode Island electric customers are already using power from the first offshore wind farm in the nation, a 30-megawatt project off Block Island -- and plans are in place to buy another 400 megawatts of offshore wind. Now, developers are proposing to sell an additional 350 megawatts of offshore wind power to the Ocean State.
Tata Power Unit Signs Agreement To Buy 75% Stake In 1,980-mw Bara Power Plant - The Financial Express
Tata Power on Wednesday said Renascent Power Ventures, a wholly owned subsidiary of Resurgent Power Ventures, has signed a share purchase agreement with a consortium of lenders led by State Bank of India (SBI) to acquire a 75.01% stake in Prayagraj Power Generation.