Energy Update
The investments include: ADB loan of $350m, a $7m grant from the Japan Fund for the Joint Crediting Mechanism (JFJCM) and a $500,000 grant from the Republic of
The post ADB grants $357m to upgrade Bangladesh’s power transmission network appeared first on Compelo Energy.
Discovery Midstream is a provider of oil and natural gas gathering and natural gas processing services in the southern portion of Colorado’s Denver-Julesburg Basin. Discovery Midstream’s assets include
(Tue, 31 Jul 2018) On July 18, 2018, electricity demand in the area served by the Electricity Reliability Council of Texas (ERCOT) reached a new all-time hourly peak load of 72,192 megawatts (MW) during the hour starting at 4:00 p.m. That record was itself surpassed the following day during the hour starting at 5:00 p.m., with load reaching 73,259 MW. The previous record of 71,111 MW occurred on August 11, 2016.
Last week renewable energy monitoring, controls, and asset management providers AlsoEnergy and skytron energy announced a merger. In addition, AlsoEnergy said that it was acquiring the assets of floundering Draker and will honor and support the contracts for the 2 GW worth of solar assets that Draker had been monitoring for its customers.
Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q2 2018 rose 12.5 percent quarter-over-quarter to $2.8 billion from the $2.5 billion raised in Q1 2018, according to a report by Mercom Capital.
American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects.
The rise of cryptocurrencies as assets attractive to fund managers is breathing life into a spit of land the size of Manhattan located on the southern coast of Morocco.
Europe’s heat wave is hastening the rise of the “peaker,” a natural gas-fired power plant that can switch on and off quickly and runs only when there’s high demand.
Enel will invest a total of about €300m for this project. The EIB loan will directly support Enel X’s commitment to boost the development of electric mobility in
The post Enel secures €115m EIB loan to install 14,000 EV charging stations in Italy appeared first on Compelo Energy.
Balloki Power Plant is located in Pattoki, Kasur district and built with an investment of $881.85m. The plant, which broke ground in November 2015, will supply enough power
The post Pakistan commissions 1.2GW Balloki Power Plant in Punjab appeared first on Compelo Energy.
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