Energy Update
India and China are driving a rapid global expansion in large-scale, solar power developments as the cost of building new projects falls, according to an analysis by Institute for Energy Economics and Financial Analysis.
Utilities and independent power producers (IPPs) plan to invest $110 billion through 2025 to build new, natural gas-fired power plants. They, their shareholders and society would be better served were that capital invested in new, distributed, renewable power generation and distributed energy resources (DERs), including utility-customer demand response and energy efficiency programs, the Rocky Mountain Institute says.
Drilling for initial production and injection wells will begin next month for a geothermal energy demonstration project in southern Saskatchewan. Once built, the facility will be the first geothermal power plant in Canada.
As California continues to push aggressive policies for the advancement of solar deployment in the state, options for homebuyers to finance solar also are growing to meet their needs.
Since January S&P Global Platts quality differentials for the gangue elements such as
Rural Development secretary’s assistant Anne Hazlett said: “No matter what zip code you live in, infrastructure is a foundation for quality of life and economic opportunity.
“Through strong partnerships, USDA is ensuring that rural communities have the modern, reliable infrastructure they need to prosper.”
The total investment for the wind farms, which were awarded during the first Spanish renewable generation auction in 2016, is estimated to be €300m.
While Engie will hold a stake of 15% in the wind projects, Mirova, a subsidiary of Natixis will hold the majority stake of 51%. GE will own 25% while Forestalia will hold a 9% stake.
The gold miner indicated that its South African operations are being crippled by a large number of challenges. Included in these are growing depth and distance from central infrastructure along with decreasing production profiles, and escalations in costs.
AngloGold Ashanti said that the challenging factors have continued to outpace inflation and gold price, while adding that the margins are negatively impacted by a much stronger exchange rate.
Located at the entrance of the Suez Canal and near the city of Suez, the Suez Refinery has a capacity of three million tonnes annually or 68,000 barrels of oil per day (BOPD).
EBRD said that its funding is expected to help in modernizing the refinery with technical updates, which will boost its operational performance.
The solar power system is a perfect use for the property that is adjacent to a landfill and owned by the city.
Developed by O2 EMC and constructed by URE, the system is composed of 100 inverters (which convert the generated DC to AC energy), and 10,188 solar panels mounted on a single-axis tracking system that follows the sun during the day to maximize production.
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