By Pat Davis Szymczak Ukraine has enacted a new law that trades future-energy tariffs for auctions to set a fair market price for green electricity. A new law just signed requires solar plants that generate over 1 MW to participate next year in energy auctions. The same will apply to…
Helena Oil & Gas is looking to attract fresh investment to its oil projects in Texas by creating the Helena Security Token (HEST). The creation of HEST lets investors support an existing, active project in the oil and gas sector without having to pay many of the extensive administrative and…
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies can be used for a variety of applications in…
International energy consultancy Xodus Group has expanded its renewables capabilities with the addition of a dedicated advisory team. The advisory team will support lenders, developers and the wider supply chain to identify and capitalise on renewable energy opportunities and mitigate against risk. Scott Hamilton has been appointed to lead the team,…
Indonesia ranks second to the United States in geothermal power generation. But if trends continue, it could surpass the U.S. by 2022, according to a report by Fitch Solutions. The report notes that Indonesia’s location along a convergent tectonic plate boundary has made it ideally suited for geothermal power production….
Nigerian distributed utility company, Arnergy, announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On. The company’s distributed renewable energy systems combine solar power, storage solutions…
Both Thailand and Japan are expected to see a surge of biomass power investments over the next decade, as Thailand receives strong government support for the sector, whilst Japan’s strong pipeline of biomass projects will continue to facilitate a capacity growth surge in the near-term, according to a report…
During the age of coal, huge bulk carriers and colliers criss-crossed the globe, transporting anthracite and lignite. Of course, as the world weans itself off coal – with more and more sources becoming economically unviable to mine – and looks towards the cleaner and greener energy sources of tomorrow,…
Wartsila renewables power plant contracts have been signed for projects to move the Caribbean and for Southeast Asia toward a 100 percent renewables future. The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light &…
SFC Energy hybrid power solutions deliver power to remote locations. Simark Controls, a subsidiary of SFC Energy has received an order for turnkey EFOY Hybrid power solutions to provide reliable clean power in Canada’s Yoho National Park. Simark signed the contract with Okanagan Aggregates Ltd., a leading Western Canadian…