Search Results for power system
Reports: China To Spend $174bn On Wind And Hydro By 2020
China has unveiled plans to spend at least 1.2tr yuan ($174bn) on wind and hydro power over the next five years as it doubles down on efforts to green its energy system. Documents released by the National Energy Administration (NEA)…
Report: China Risks Wasting $500bn On Unneeded Coal Plants
China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country’s pursuit of a lower carbon economy. That is the conclusion of a new…
Greenpeace calls timeout for fast fashion
New research on fashion trends and textile waste, released by Greenpeace on the eve of Black Friday, highlights the serious environmental consequences of over consumption. Clothing is among the most sold products on the annual shopping day promoted in many…
China is Building a Giant Solar Plant at Chernobyl
A new solar summer rises from the ashes of nuclear winter. Two Chinese energy firms will be constructing a new solar power plant in the exclusion zone near the Chernobyl nuclear reactor, which suffered a powerful explosion in 1986 that…
USAID Announces $4 Million to Solar Start-ups for African Off-Grid Energy
At the 22nd session of the UN Climate conference (COP 22), Power Africa Coordinator Andrew M. Herscowitz announced $4 million in new investments to eight companies that are revolutionizing household solar power across Africa through the Scaling Off-Grid Energy: Grand…
GM Accelerates Renewables Pledge With 50MW Texas Wind Farm Deal
General Motors has made its largest renewable energy purchase to date by signing a new power purchase agreement (PPA) with a 150MW wind farm currently under development in Texas. Announced last week, the deal will see the car manufacturer purchase…
EU Set to Limit Priority for Future Renewable Energy Projects: Draft
EU regulators plan to limit renewable energy producers’ right to be the first to sell their electricity into European power grids, but stopped short of scrapping such privileges for existing projects as some had feared. The proposal, seen by Reuters,…