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India Cancels Nearly 14 Gigawatts Of Proposed Coal Plants
The transformation of India’s electricity market continues to deliver, as shown this month by the cancellation of 13.7 gigawatts of proposed coal-fired power plants, an admission that 8.6 gigawatts of operating coal is already non-viable, and the parallel move of…
EBRD Offers $458 Million In Loans For 750 Megawatts Of Solar Projects In Egypt
The European Bank for Reconstruction and Development (EBRD) has offered more than $450 million to various project developers planning to set up utility-scale solar power projects in Egypt. The Bank has offered loans worth $458 million to a total of…
New Solar Projects In India Are Cheaper Than 92% Of All Thermal Power Plants In The Country
Media outlets are abuzz with the collapse in solar power tariff bids in India last week when 750 megawatts was allocated at the cheapest tariffs ever. The tariffs range between Rs 2.44/kWh (3.8¢/kWh) and Rs 2.62/kWh (4.1¢/kWh). India’s minister for…
Embrace Decentralised Renewable Energy for Power Supply
Countries in Africa and South Asia should embrace inexpensive decentralised renewable energy (DRE) technologies for clean, sustainable and affordable power for all, says a report. Most national governments are far from solving energy poverty, according to the report released last…
Thanks to e-Mobility Coal Use is Declining in the U.S.
Since Climate Central first report on climate-friendly cars in 2013, the options for low-emissions vehicles have grown. The continued shift away from coal as an electricity generating source has made electric and plug-in hybrid cars a greener choice in some…
New ABB Canada Headquarters Opens in Montreal
ABB yesterday officially inaugurated its new $90 million state-of-the-art Canadian headquarters and Customer Innovation Center, which will serve 700 employees who were previously spread across six locations in Greater Montreal. Campus Montreal houses research and development, manufacturing, assembly and testing…
Tucson Electric Power Confirms ‘Historically Low Price’ for Latest Solar Project
A leading US utility has this week signed a new deal to secure solar power for up to 21,000 homes at a price that is less than half the level it previously paid. Tucson Electric Power (TEP) announced it had…