France passes ‘pioneering’ food waste bill to ban supermarkets from binning unused food
France passes new food waste bill obliging supermarkets to hand over unused food to charity and not destroy leftover products, claiming the law will be “unique in Europe”. France is to enact a law to reduce the estimated 7 million…
IEA releases Oil Market Report for August
Crude oil prices eased to around $45 per barrel in August as a global supply overhang weighed and demand growth weakened, the newly released IEA Oil Market Report (OMR) for August informs subscribers. Brent crude had threatened to break below…
Kenya to Install 23 Solar Mini-Grids to Power Remote North
The Kenya government, with the support of a 33-million-euro credit from the French government, plans to install 23 solar mini-grid power stations with the capacity to produce 9.6 MW of power to connect households in remote northern Kenya to electricity.…
First Solar offloads 11 MW
An affiliate of D.E. Shaw Renewable Investments has acquired the 11-megawatt Rancho Seco solar project in Sacramento County from First Solar. The terms of the deal were not disclosed. The Golden 1 Center, currently under construction for the Sacramento Kings…
Sonoma Clean Power Signs New Wind Contract
Sonoma Clean Power (SCP), the nonprofit public agency in USA that has been generating electricity for 88 percent of Sonoma County’s residents and business owners since launching in 2014, has signed a power purchase agreement (PPA) for 20 years of…
Gazprom’s financial information under International Financial Reporting Standards (IFRS) for the three months ended March 31, 2016
Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2016. Total sales (net of excise tax, VAT and…
World’s Largest Development Banks Raise $81Bln to Tackle Climate Change
Six of the world’s largest multilateral development banks (MDBs) rounded up $81 billion last year to finance climate change action, their joint report released Tuesday showed. “In 2015, the MDBs collectively committed more than USD 25 billion in climate finance,”…