Tag #Renewable Energy

Showing 133 to 144 of 764 results

chinadaily.com.cn

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Mar 17, 13:15

Inner Mongolia's Gobi Desert Green Energy Push

Inner Mongolia is rapidly expanding its new energy capacity, aiming to become a national energy and strategic resource hub, with projects like the Dalad Banner photovoltaic project integrating renewable energy with desertification control.

Inner Mongolia's Gobi Desert Green Energy Push

Inner Mongolia is rapidly expanding its new energy capacity, aiming to become a national energy and strategic resource hub, with projects like the Dalad Banner photovoltaic project integrating renewable energy with desertification control.

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What is the immediate impact of Inner Mongolia's increased new energy development on its energy production and environmental footprint?

Inner Mongolia is aggressively developing new energy sources, aiming to become a major national energy hub. Last year alone, Inner Mongolia Energy Group's new energy projects quadrupled, generating 51.1 billion kilowatt-hours of green electricity and reducing CO2 emissions by nearly 40 million metric tons.

smh.com.au

🌐 85% Global Worthiness

Mar 17, 07:10

Nullarbor Renewable Energy Project Sparks Heritage Concerns

A proposed $100 billion renewable energy project on Western Australia's Nullarbor Plain faces criticism for excluding World and National Heritage impact assessments from its environmental review, despite the region's unique ecological and cultural significance, prompting a petition with over 22,000 ...

Nullarbor Renewable Energy Project Sparks Heritage Concerns

A proposed $100 billion renewable energy project on Western Australia's Nullarbor Plain faces criticism for excluding World and National Heritage impact assessments from its environmental review, despite the region's unique ecological and cultural significance, prompting a petition with over 22,000 ...

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Life on Land

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How do the differing stances of the WA and SA governments on World Heritage listing for the Nullarbor Plain influence the current controversy?

The decision to exclude heritage assessments contradicts previous reports identifying the Nullarbor's world heritage significance and raises concerns about Australia's compliance with the World Heritage Convention. The lack of comprehensive assessment contrasts sharply with the WA government's past opposition to World Heritage listing and the SA government's recent commitment to securing such protection for its section of the Nullarbor. A petition with over 22,000 signatures opposes the project's location.

welt.de

🌐 75% Global Worthiness

Mar 17, 16:10

Baywa Restructures Green Energy Subsidiary, Averts Equity Crisis

The Baywa Group announced a revised rescue plan for its struggling green energy subsidiary, Baywa r.e., securing €435 million in new loans and spinning off its stake to avoid negative equity and a potential shareholder meeting; this follows a €640 million net loss in the first nine months of 2024 an...

Baywa Restructures Green Energy Subsidiary, Averts Equity Crisis

The Baywa Group announced a revised rescue plan for its struggling green energy subsidiary, Baywa r.e., securing €435 million in new loans and spinning off its stake to avoid negative equity and a potential shareholder meeting; this follows a €640 million net loss in the first nine months of 2024 an...

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Decent Work and Economic Growth

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What immediate financial measures are being implemented to stabilize Baywa r.e. and prevent negative equity at the parent company?

The Baywa Group, a major German agricultural trader, is restructuring its heavily indebted subsidiary, Baywa r.e., which operates in the green energy sector. To avoid negative equity, the restructuring plan now involves a €435 million credit package instead of a capital increase that would have cost the parent company €350 million in shareholder loans. This revised plan eliminates the need for a potentially turbulent shareholder meeting.

welt.de

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Mar 15, 10:10

Hamburg Launches First "Utilize Instead of Curtail" Power-to-Heat Plant

Hamburg's 45-megawatt "Karoline" power-to-heat plant, the first of its kind in Germany, started operating on March 5th, using excess wind energy to provide district heating for up to 15,000 households, enabled by a new energy act.

Hamburg Launches First "Utilize Instead of Curtail" Power-to-Heat Plant

Hamburg's 45-megawatt "Karoline" power-to-heat plant, the first of its kind in Germany, started operating on March 5th, using excess wind energy to provide district heating for up to 15,000 households, enabled by a new energy act.

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How does the "Utilize instead of Curtail" concept work, and what are the economic benefits for both the grid operator and the plant operator?

The plant's operation is enabled by Germany's amended Energy Act, allowing the transmission grid operator (50Hertz) to agree on a fixed electricity price with the plant operator. This reduces grid management costs during periods of high renewable energy generation, enabling more climate-friendly heat generation.

elpais.com

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Mar 14, 19:15

Lawsuit Filed Over Controversial Solar Plant Installations in Jaén

A court in Andújar, Jaén, is investigating potential environmental crimes related to the installation of large photovoltaic plants, following a lawsuit filed by olive farmers who allege over 5,000 trees have been cut down, with the potential for 100,000 more. The Andalusian Ombudsman confirms a lack...

Lawsuit Filed Over Controversial Solar Plant Installations in Jaén

A court in Andújar, Jaén, is investigating potential environmental crimes related to the installation of large photovoltaic plants, following a lawsuit filed by olive farmers who allege over 5,000 trees have been cut down, with the potential for 100,000 more. The Andalusian Ombudsman confirms a lack...

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Life on Land

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What are the immediate consequences of the court's decision to hear the lawsuit against the photovoltaic plant installations in Jaén?

A court in Andújar, Jaén, has accepted a lawsuit against the regional government and solar energy companies for the installation of large photovoltaic plants. Over 5,000 olive trees have already been cut down, with the potential loss rising to 100,000 if all planned expropriations proceed. This follows complaints about the lack of regulatory control and the impact on the rural environment.

kathimerini.gr

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Mar 14, 10:09

Aktor Group Invests €1.4 Billion in Greek Renewable Energy

Aktor Group acquired a 51% stake in Sunforce One, expanding its renewable energy portfolio by 37 MW and planning a further 200 MW development, part of a €1.4 billion investment targeting 1,300 MW by 2027.

Aktor Group Invests €1.4 Billion in Greek Renewable Energy

Aktor Group acquired a 51% stake in Sunforce One, expanding its renewable energy portfolio by 37 MW and planning a further 200 MW development, part of a €1.4 billion investment targeting 1,300 MW by 2027.

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What is the significance of Aktor Group's acquisition of a 51% stake in Sunforce One and its broader implications for the Greek energy sector?

Aktor Group, a major player in the Greek market, has acquired a 51% stake in Sunforce One, an energy company with 37 MW of operational photovoltaic parks. This strategic move is part of Aktor's €1.4 billion investment plan in renewable energy projects, aiming for a 1,300 MW portfolio by 2027.

repubblica.it

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Mar 17, 13:15

Europe's Energy Grids Face War, Climate Change Challenges

War and climate change are severely straining European gas and electricity infrastructure, prompting increased investment in grid security. Italy leads the EU in climate-related economic losses (€284 per capita in 2022), while the Nord Stream pipeline sabotage highlighted geopolitical vulnerabilitie...

Europe's Energy Grids Face War, Climate Change Challenges

War and climate change are severely straining European gas and electricity infrastructure, prompting increased investment in grid security. Italy leads the EU in climate-related economic losses (€284 per capita in 2022), while the Nord Stream pipeline sabotage highlighted geopolitical vulnerabilitie...

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How is Italy's energy infrastructure particularly affected by climate change, and what is the country's plan to increase its resilience and reduce reliance on fossil fuels?

Climate change is severely impacting power grids across Europe, with extreme weather events causing significant damage. Italy, facing the highest economic losses from climate-related damage (€284 per capita in 2022), exemplifies the scale of the problem. The transition to renewable energy sources and the goal of climate neutrality by 2050 necessitate substantial investments in grid modernization and resilience.

sueddeutsche.de

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Mar 17, 19:16

Hamburg's "Karoline" Plant Finally Operational Thanks to New Energy Law

Hamburg's 5.9 million euro "Karoline" Power-to-Heat plant, largely unused since its 2018 launch due to economic constraints, is now operational thanks to a new paragraph in the Energiewirtschaftsgesetz, providing subsidized electricity and enabling it to supply green district heating to 6,700 househ...

Hamburg's "Karoline" Plant Finally Operational Thanks to New Energy Law

Hamburg's 5.9 million euro "Karoline" Power-to-Heat plant, largely unused since its 2018 launch due to economic constraints, is now operational thanks to a new paragraph in the Energiewirtschaftsgesetz, providing subsidized electricity and enabling it to supply green district heating to 6,700 househ...

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How did regulatory hurdles initially hinder the economic viability of the "Karoline" plant, and what specific mechanisms in the new law overcome these obstacles?

The plant's inactivity highlights the challenges of integrating renewable energy sources without supportive policies. The new regulation, introducing a 'use instead of curtailment' principle, addresses this by providing subsidized electricity to plants like "Karoline", thus incentivizing their operation and reducing reliance on fossil fuels.

elmundo.es

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Mar 15, 04:10

Catalonia's Nuclear Phase-out Risks Blackouts Amidst Renewable Shortfall

Facing the closure of its nuclear power plants, Catalonia, heavily reliant on nuclear energy, risks blackouts due to slow renewable energy development and grid infrastructure limitations, potentially costing €5.4 billion over 10 years.

Catalonia's Nuclear Phase-out Risks Blackouts Amidst Renewable Shortfall

Facing the closure of its nuclear power plants, Catalonia, heavily reliant on nuclear energy, risks blackouts due to slow renewable energy development and grid infrastructure limitations, potentially costing €5.4 billion over 10 years.

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What are the potential long-term economic and geopolitical consequences of Catalonia's energy transition strategy?

Catalonia's energy future hinges on resolving its renewable energy deficit and improving its electricity grid connections. Failure to do so will likely lead to increased reliance on expensive and volatile gas-fired power plants, compromising energy security and economic competitiveness. The political landscape, with conflicting positions on nuclear energy, adds another layer of complexity.

theguardian.com

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Mar 15, 22:12

Australian EV Owners Use V2L Systems as Emergency Power During Cyclone Alfred

In the wake of Tropical Cyclone Alfred, 450,000 Australian homes lost power, but EV owners used their vehicle-to-load (V2L) systems to power essential appliances, highlighting the technology's potential for disaster relief, as demonstrated by multiple real-world examples.

Australian EV Owners Use V2L Systems as Emergency Power During Cyclone Alfred

In the wake of Tropical Cyclone Alfred, 450,000 Australian homes lost power, but EV owners used their vehicle-to-load (V2L) systems to power essential appliances, highlighting the technology's potential for disaster relief, as demonstrated by multiple real-world examples.

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What are the limitations of V2L technology, and how do these limitations impact its effectiveness during widespread power outages?

The ability of EVs with V2L to function as backup generators during power outages caused by natural disasters is increasingly apparent. Real-world examples, such as powering dialysis machines and providing essential household power, showcase the significant benefit of this technology for disaster relief. This contrasts with EVs that lack this feature, like Tesla Model 3 and Y.

dailymail.co.uk

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Mar 14, 01:10

BP to Sell Stake in Solar Business Amid Investor Pressure

Faced with pressure from activist investor Elliott, BP is seeking to sell a 50% stake in its Lightsource solar business and potentially its petrol stations to raise billions of pounds, marking a strategic shift toward increased oil and gas investments and raising concerns about its commitment to ren...

BP to Sell Stake in Solar Business Amid Investor Pressure

Faced with pressure from activist investor Elliott, BP is seeking to sell a 50% stake in its Lightsource solar business and potentially its petrol stations to raise billions of pounds, marking a strategic shift toward increased oil and gas investments and raising concerns about its commitment to ren...

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What are the immediate consequences of BP's decision to sell a stake in its solar business, and how does this impact its image and investor relations?

BP is seeking to sell a 50% stake in its solar business, Lightsource, to appease activist investor Elliott, who holds a near 5% stake and is reportedly dissatisfied with BP's shift away from renewable energy investments. This follows BP's recent announcement to reduce renewable energy spending and increase investment in oil and gas, prompting concerns about its strategic direction and share price performance.

theguardian.com

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Mar 13, 10:10

Rio Tinto to Power Gladstone Aluminium Smelter with Solar, Reducing Emissions by 70%

Rio Tinto will source 90% of its Gladstone aluminium smelter's power from two new Queensland solar farms (600MW solar, 600MW/2400MWh battery storage) starting in 2028, reducing its emissions by 70% (5.6m tonnes CO2 annually) and increasing renewable energy use to 80%.

Rio Tinto to Power Gladstone Aluminium Smelter with Solar, Reducing Emissions by 70%

Rio Tinto will source 90% of its Gladstone aluminium smelter's power from two new Queensland solar farms (600MW solar, 600MW/2400MWh battery storage) starting in 2028, reducing its emissions by 70% (5.6m tonnes CO2 annually) and increasing renewable energy use to 80%.

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Climate Action

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How does this agreement contribute to broader trends in renewable energy adoption within Australia's industrial sector?

This deal signifies a major step toward decarbonizing Australia's heavy industry. The agreements are projected to deliver 600MW of solar power and substantial battery storage by 2028, highlighting the growing trend of large industrial consumers transitioning to renewable energy sources.

Showing 133 to 144 of 764 results