Energy Update
MSEDCL supplies electricity about 22 million customers in the state of Maharashtra. The state was declared as a load shedding-free state in December 2012.
Azure Power will sign a 25 year power purchase agreement (PPA) with MSEDCL, at a tariff of INR2.72 ($0.04) per kWh. This project is expected to be commissioned next year.
The agreement is part of the firm’s restructuring plan in response to the US Federal Energy Regulatory Commission’s (FERC) revised policy issued on 15 March 2018.
The policy reversed FERC’s 2005 income tax policy that permitted master limited partnership (MLP) interstate oil and natural gas pipelines to maintain an income tax allowance in cost-of-service rates.
The acquisition is expected to strengthen the Chinese company’s presence in the lithium market.
Under the agreement, Tianqi Lithium has agreed to purchase 62,556,568 “A shares” of Sociedad Química y Minera de Chile (SQM) held by Nutrien for consideration of $65 per share in cash.
The company will be investing €280m for these projects. Enel aims to double its renewable energy capacity in Spain’s Andalusia and Extremadura regions. In these two territories, Enel has an installed renewable capacity of 350MW.
During the course of next year, Enel’s subsidiary will proceed with the construction of new wind farms that will generate 64MW and new solar plants totaling 260MW.
(Fri, 18 May 2018) EIA expects construction of new natural gas pipeline capacity in the United States to continue in 2018, in particular in the northeastern United States. By the end of 2018, if all projects come online by their scheduled service dates, more than 23 billion cubic feet per day (Bcf/d) of takeaway capacity will be online out of the Northeast, up from an estimated 16.7 Bcf/d at the end of 2017 and more than three times the takeaway capacity at the end of 2014.
The U.S. House Appropriations Committee yesterday approved an energy and water funding bill that, as compared to fiscal year 2018, cuts energy efficiency and renewable energy programs by $243 million, and increases research and development funding for fossil fuels by $58 million.
A group of all-women volunteers showed up at the home of a City Heights (San Diego) family to install solar panels for free. And it couldn't have come at a better time for the family. KUSI's Elizabeth Alvarez explains why this was a win/win for both the volunteers and the homeowner.
The plant, known as the Sierra BioFuels Plant (Sierra) is considered to be the country’s first commercial-scale plant that can convert municipal solid waste feedstock, household garbage into a low-carbon, renewable transportation fuel product.
Located in the Tahoe-Reno Industrial Center, about 20 miles east of Reno, Sierra plant will use Fulcrum’s thermochemical process to convert household garbage into low-carbon transportation fuels.
Vivint yesterday said it plans to offer LG Chem RESU batteries to its solar customers across the U.S. this year. The company launched the energy storage offering this week for its customers in California.
Claimed to be the largest of its kind to be deployed for industrial application in Australia, the ultra high power lithium-ion battery is designed to provide output required for spinning reserve, ancillary services, mining, off-shore drilling and other utility and industrial applications.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.