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ABB to Divest Cable Business to NKT Cables
NKT Cables is acquiring ABB’s global high-voltage cable system business with a total enterprise value of 836 million euros (US$934 million). High voltage cables are key components in sustainable energy networks, used for transmitting large amounts of electricity over long…
Serbian Energy Minister Antić opens 8th Oil Forum
Minister of Mining and Energy of Serbia, Mr. Aleksandar Antić, opened the 8th Oil Forum, which took place on 28-29 September in Belgrade. Welcoming the Forum on behalf of the Government of Serbia, Mr Antić thanked the Secretariat for organizing…
Solar PV Poised to Boom in Africa Thanks to Declining Costs
Abu Dhabi, U.A.E. – The business case for solar photovoltaic (PV) in Africa is stronger than ever thanks to rapidly declining technology costs, according to a new report released today by the International Renewable Energy Agency (IRENA). Solar PV in…
Oslo’s Radical “Climate Budget” Aims to Halve Carbon Emissions in Four Years
Oslo’s leftist city government issued its first “climate budget” on Wednesday aiming to halve greenhouse gas emission within four years in one of the world’s most radical experiments to slow global warming. The budget, setting out annual goals to choke…
Pacific Ethanol to Install 5 Megawatt Solar Energy System at Madera Plant
Pacific Ethanol, Inc., a leading producer and marketer of low-carbon renewable fuels in the United States, announced it is installing a 5 megawatt (MW) solar photovoltaic (PV) power system designed and built by Borrego Solar Systems at Pacific Ethanol’s Madera,…
Renault ZOE Price Increase Confirmed – end of this month
There has been a rumour circulating for a while that the ZOE will go up in price soon. It seemed credible as the current prices have held since the start of July, and the final sales quarter of the year…
IEA urges Japan to decarbonise its energy supply
Japan should balance and diversify its energy mix through a combination of renewable and nuclear energy and efficient thermal power generation, the International Energy Agency (IEA) said today in its latest review of Japan’s energy policies, stressing this would help…