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Energy
Indonesia’s steady progress in tackling fossil fuel subsidies
Many countries use fossil-fuel subsidies to advance particular goals – whether political, economic, social and environmental. Common justifications range from reducing energy poverty, redistributing wealth, or protecting jobs. But in many cases, the net effects of fossil fuel subsidies are…
Lightsource Renewable Energy Launches £600m Solar Buyback Program
UK-based renewable energy developer Lightsource is looking to diversify its revenue streams through a new program which will invest up to £600 million over the next five years in buying up solar assets from homes and businesses. Under the proposed…
B.Grimm’s Solar Power Generates B500m
B.Grimm Power Co, a unit of B.Grimm Group, has started commercial operation of solar power plants in four provinces with a power-generating capacity totalling 114 megawatts. President and chief executive Preeyanart Soontornwata said power generated from the new plants has…
Uganda Launches 10 MW Solar Power Plant
Power cuts are common in Uganda with several businesses suffering thousands of losses. In Soroti village located in the eastern part of Uganda, power shortage is common just like any other town in the country. Power shortage has severely affected…
Switzerland’s Largest Agricultural Biogas Plant Comes on Stream
Nestlé Waters & Groupe E GreenWatt have just inaugurated the largest agricultural biogas plant in Switzerland, located next to the Henniez bottling plant. This initiative represents a further step in the Eco-Broye program launched by Nestlé Waters in 2009. The Eco-Broye program preserves…
Shell Agrees Sale of Stake in Vivo Energy to Vitol Africa BV
Shell has signed an agreement with Vitol Africa B.V. to sell its 20% shareholding in Vivo Energy for US$250 million. Completion of this transaction is expected during the first half of 2017, subject to regulatory approval. The sale is in…
NTPC, India’s Largest Power Producer, Enters Wind Energy Market
NTPC Limited, the largest power generation company in India, has finally entered the country’s largest renewable energy sector. NTPC Limited recently announced that it will set up its first wind energy project after months of an aggressive and continued push…