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Centrica to Trial £19m Local Smart Grid in Cornwall
Energy giant Centrica has launched a new local energy market trial in Cornwall in a bid to test how a more distributed grid could help generation be managed closer to the point of demand. The firm announced plans on Friday…
Shell to Link Executive Bonuses to Greenhouse Gas Emissions
Shell, Europe’s largest oil company, has unveiled plans to link a slice of executive bonuses to its performance in curbing greenhouse gas emissions in response to shareholder pressure for it to better prepare for the low-carbon transition. Shell’s chief executive…
Jordan Powers Up Giant Solar Plant, As Enerray Seeks To Unlock Region’s ‘Huge Potential’
A 23.1MW solar plant covering a surface area of half a million square metres has been connected to Jordan’s national grid, the developers of the project have announced. Led by Saudi renewable energy company Desert Technologies and Italian EPC contractor…
Toyota CEO Akio Toyoda to Run Electric-Car Division
It’s now abundantly clear that Toyota is changing course when it comes to zero-emission vehicles. After years of promoting hydrogen fuel cells while shunning and disparaging battery-electric cars, the company now plans to introduce a mass-market electric car by 2020.The…
Siemens Cuts CO2 Emissions by 20 Percent
One year after the launch of its decarbonization program, Siemens is already making significant advances in reducing its carbon footprint. The company was able to cut its CO2 emissions from 2.2 million tons in fiscal 2014 to 1.7 million tons…
Vestas Secures 112 MW for Three Projects in France
French energy group EDF Énergies Nouvelles has placed firm and unconditional orders for a total of 112 MW for the 72.6 MW Champagne Picardie project, the 19.8 MW La Carnoye wind park and the 20 MW Bois de Belfays project,…
OMV Group Report January – September and Q3 2016
“OMV continues to deliver on its strategic targets. We further optimized our portfolio by selling a 49% stake in Gas Connect Austria, the gas transportation business. This will bring us sales proceeds of EUR 601 mn at closing in Q4…