Search Results for energy
India Cancels Nearly 14 Gigawatts Of Proposed Coal Plants
The transformation of India’s electricity market continues to deliver, as shown this month by the cancellation of 13.7 gigawatts of proposed coal-fired power plants, an admission that 8.6 gigawatts of operating coal is already non-viable, and the parallel move of…
EBRD Offers $458 Million In Loans For 750 Megawatts Of Solar Projects In Egypt
The European Bank for Reconstruction and Development (EBRD) has offered more than $450 million to various project developers planning to set up utility-scale solar power projects in Egypt. The Bank has offered loans worth $458 million to a total of…
New Solar Projects In India Are Cheaper Than 92% Of All Thermal Power Plants In The Country
Media outlets are abuzz with the collapse in solar power tariff bids in India last week when 750 megawatts was allocated at the cheapest tariffs ever. The tariffs range between Rs 2.44/kWh (3.8¢/kWh) and Rs 2.62/kWh (4.1¢/kWh). India’s minister for…
David Suzuki: Plastic Pollution Is Choking the Planet
People who deny that humans are wreaking havoc on the planet’s life-support systems astound me. When confronted with the obvious damage we’re doing to the biosphere—from climate change to water and air pollution to swirling plastic patches in the oceans—some…
New ABB Canada Headquarters Opens in Montreal
ABB yesterday officially inaugurated its new $90 million state-of-the-art Canadian headquarters and Customer Innovation Center, which will serve 700 employees who were previously spread across six locations in Greater Montreal. Campus Montreal houses research and development, manufacturing, assembly and testing…
Nissan and Northern Powergrid Team Up for Electric Vehicle Smart Grid Push
Electric vehicle (EV) enthusiasts acknowledge that one of the biggest barriers to mass adoption of the technology is likely to be the ability of the grid to cope with new patterns of power demand. However, companies across the fledgling industry…
Tucson Electric Power Confirms ‘Historically Low Price’ for Latest Solar Project
A leading US utility has this week signed a new deal to secure solar power for up to 21,000 homes at a price that is less than half the level it previously paid. Tucson Electric Power (TEP) announced it had…