The Australian Government will commit a further $652.5 million over four years to establish a Renewable Energy Future Fund to support Australia's response to climate change.
Australia’s biggest ever renewable energy roll-out
CPUC Report Shows Utilities Ahead of Renewable Energy Goals in Fight Against Climate Change
The California Public Utilities Commission (CPUC) recently (11/13) released its annual Renewables Portfolio Standard (RPS) report showing that the program, which is one of the most ambitious in the country, is ahead of target and is helping to achieve large reductions in costs for renewable electricity. The state`s RPS requires investor-owned utilities, electric service providers, and community choice aggregators to procure 33 percent of retail sales per year from eligible renewable sources by 2020 and 50...
Ukraine has become the main European market for renewable energy among the newly emerging economies
Today the largest international players in the field of renewable energy consider Ukraine as the most attractive European market among the developing economies. Such conclusions were made based on the results of the 9th International Sustainable Energy Forum and Exhibition of Eastern Europe SEF-2017 Kyiv (sefkyiv.com), which took place on October 9-11 in Kyiv. In particular, in the first half of 2017, the total capacity of renewable energy facilities increased in Ukraine by 183 MW and exceeded 1.46 GW. It is...
Procter & Gamble and Constellation Complete 50-Megawatt Renewable Energy Plant
The Procter & Gamble Company and Constellation, a subsidiary of Exelon Corporation, announced the completion of a 50-megawatt biomass-fueled combined heat and power plant located at one of P&G`s largest U.S. facilities. Constellation owns and operates the plant, which supplies steam to P&G`s Albany, GA paper manufacturing facility and generates electricity for the local utility, Georgia Power. Additionally, steam from the plant will be used to power an 8.5-megawatt steam-to-electricity generator at...
Spectral and Alliander Launch Blockchain-Based Renewable Energy Sharing Token
Spectral and Alliander have launched a new blockchain-based energy sharing token at De Ceuvel in Amsterdam. Named the ‘Jouliette’, the new token aims to empower individuals and communities to easily manage and share their locally produced renewable energy. The Jouliette - named after the Joule unit of measurement for energy - is the first such initiative of its kind in the Netherlands. The project aims to become a landmark example of how to harness the capabilities of blockchain technology to create...
B&W Provides Update on U.K. Renewable Projects
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE:BW) reported that it has identified a structural steel issue at a renewable energy project in the United Kingdom. Management believes that the issue is the result of an engineering error by a subcontractor, and work has been stopped at the project pending further investigation. Additionally, while the issue has not manifested itself in other projects, the company has proactively stopped work at two renewable projects in the United Kingdom that have similar...