Unilever Chooses Unisun for Renewable Energy Projects Across Asia
China-based renewables firm Unisun Energy Group and consumer goods provider Unilever North Asia are partnering on a 13.4MW distributed generation solar PV project in China’s Anhui Province. Based around the Renaissance Hotel in Hefei City, solar will be installed on…
EDPR Plans Portugal Wind Sale
EDP Renewables Europe is to sell a 49% stake in a portfolio of wind farms in Portugal totalling 422MW to ACE Portugal Sàrl for €242m. ACE Portugal Sàrl is owned by ACE Investment Fund II, which is a subsidiary of…
Climate Scientists Say Likelihood of Extreme Summers Surging Due to Global Warming
New South Wales, which has just experienced its hottest summer on record, is 50 times more likely to experience another similarly hot summer and 10 times more likely to experience extremely hot days under climate change, according to a group…
EIB Group Financing Reached EUR 1.1bn in Romania in 2016
The European Investment Bank (EIB) provided new loans worth EUR 1.04bn and the European Investment Fund (EIF – which together with EIB forms the EIB Group) executed operations in Romania totalling EUR 61m in 2016. The EU bank financed priority…
Active Competition Policy Key to Mexico’s Successful Energy Reform
Mexico embarked on an ambitious and comprehensive energy sector reform in recent years to harness market forces and attract new investments, moving away from its monopoly-driven system, and leading to increasing market transparency, improved energy security and strengthened environmental sustainability.…
EU Environment Ministers Approve Post-2020 ETS Reforms
EU Member States have voted in favour of a new package of measures to overhaul the European Emission Trading Scheme (ETS) after 2020, which has for years been dogged by low prices and a surplus of allowances. Environment ministers from…
Australia Could Achieve 100 pct Renewable Energy with Hydro Storage: Research
Pumped hydro power, where water is pumped uphill and stored to generate hydroelectric electricity on demand, could help transform Australian into a 100 percent green energy nation, according to researchers at the Australian National University (ANU) on Monday. Currently, renewable…