Category: Renewable Energy (Green Energy)

PM Trudeau tells Houston energy conference border tax would hurt both economies

Prime Minister Justin Trudeau made it clear he is flatly against a proposed U.S. border adjustment tax, telling a global gathering of politicians and energy sector executives it would hurt the economy in both countries. “Recognizing, of course, how much the Canadian economy depends on close collaboration and integration with the American economy, anything that creates impediments at the border – extra tariffs or new taxes – is something we’re concerned with,” Trudeau said Thursday night in Houston, Texas.

Akfen Working With Morgan Stanley, Goldman on Asset Sales an hour ago

Turkey’s Akfen Group is in talks with banks including Morgan Stanley and Goldman Sachs Group Inc. to advise on the sale of assets after completing its restructuring this month. The Ankara-based company is also in discussions with Credit Suisse Group AG and Deutsche Bank AG to find potential buyers for its overall holding businessAkfen Holding AS or stakes in individual companies such as Mersin International Port and renewable energy producer Akfen Yenilenebilir Enerji AS, Akfen Group Chairman Hamdi Akin said.

China’s coal consumption falls for 3rd year in a row

In this Nov. 3, 2015 file photo, smoke and steam rise from the smokestack of a coal-fired power plant near Ordos in northern China’s Inner Mongolia Autonomous Region. According to official data released Tuesday, Feb. 28, 2017, China’s consumption of coal fell in 2016 for a third year in a row as the world’s top polluter has emerged as a leader in efforts to tackle climate change.

Yingli Green Energy Holding Company Limited (YGE) Stock Rating Upgraded by Zacks Investment Research

According to Zacks, “Yingli Green Energy Holding Company Limited is a leading vertically integrated manufacturer of photovoltaic products in China. Yingli was incorporated in the Cayman Islands in August and operates through its principal operating subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd. or Tianwei Yingli, based in Baoding, Hebei Province, eighty five kilometers south of Beijing.

China to launch green certificates for renewable power in July

China will launch the trading of green certificates for solar and wind power on July 1 in a bid to help reduce government subsidies to the renewables sector, the National Development and Reform Commission said on Friday. In a pilot program, the NDRC said solar and wind producers would be issued tradeable certificates, proving that electricity has been generated through renewable energy sources.

Azuri Partners with NDPHC to Launch PayGo Solar in Nigeria

Azuri is delighted to announce a partnership with the Niger Delta Power Holding Company to launch its PayGo Solar Home Systems in Nigeria, to deliver affordable, clean energy to 20,000 rural households living without electricity. Azuri’s PayGo Solar Home systems include four bulbs providing up to 8 hours of lighting, a radio and a USB port for charging mobile phones.

Off-grid clinic uses renewable energy to support health services in Chile

The quiet coastal enclave of Caleta El Sauce is as beautiful as it is remote, which means the sleepy fishing village only receives regular medical assistance every 30 days. To assist visiting doctors, SAA arquitectura + territorio designed a small health clinic for the community-a rather difficult task given the hard-to-reach location and absence of readily available potable water and electricity.

Beijing To Spend $2.7 Billion On Cleaning Capital’s Air

Part of the money will be used to close or upgrade more than 2,000 polluting factories, replace the use of coal with clean energy on the outskirts of the city and phase out 300,000 high-polluting older vehicles, the official Xinhua News Agency said, citing Beijing’s acting mayor, Cai Qi. Authorities are eager to bring about a visible improvement in China’s bad air, especially in the high-profile capital and its surrounding areas.

Deals of the day-Mergers and acquisitions

** Britain’s Centrica has completed its withdrawal from wind power generation with the sale of a 50 percent stake in the Lincs offshore wind farm to the Green Investment Bank and its offshore wind fund, the companies said. ** Private equity firms Advent and Bain Capital agreed to buy German payment group Concardis from a group of private, savings and cooperative banks, the parties said in a joint statement, not disclosing a purchase price.

Chinese renewable power giant builds global empire

In this Nov. 7, 2008 photo, people stand near electric pylons watching flow of water is discharged through the Three Gorges Dam in Yichang in central China’s Hubei province. Three Gorges Group is spending heavily to buy or build hydro, wind and solar projects at a time when Western utility investors are pulling back and U.S. President-elect Donald Trump’s pledge to revive coal use has raised doubt about U.S. support for renewables.

ITALEAF: TerniEnergia signed agreement with JuicePower for a pipeline …

TerniEnergia has subscribed today a partnership agreement with JuicePower , a company established in London , to develop and build clean energy generation plants and energy management structures which combine on-site and off-site generation and storage, and to support the management of JuicePower portfolio of customers with smart energy management systems. JuicePower, is a Clean Energy Platform which aims at directly selling energy to commercial and industrial customers as well as special smart grids, in emerging markets, starting with India, by generating and trading energy using Smart Energy Management systems.

Indian scientists generate electricity from water sans using energy

New Delhi, Dec. 17 : Soon, a device that runs on a few drops of water could revolutionise the way electricity is generated, thanks to a team of scientists at Delhi’s National Physical Laboratory . [NK Technology] Researchers have developed a novel way of producing electricity from water at room temperature without using any power or chemicals.