Energy Update
A new joint venture will create a fund management platform that will focus on green energy infrastructure in India. The new platform, called EverSource Capital, is a new initiative of investment firm Everstone Group and renewable energy developer Lightsource BP.
Atlantis Resources Limited has submitted a strategic plan to the French government that includes a goal to deliver 1 GW of tidal power by 2025 at Le Raz Blanchard in France.
Gov. Andrew M. Cuomo announced an acceleration of energy efficiency in New York, including a plan to achieve a new target for greenhouse gas emission reductions, decrease consumer energy costs and create job opportunities.
Puerto Rico lost electricity again on April 18, seven months after Hurricane Maria first knocked out the island’s power grid. For people in some remote rural areas, the blackout was more of the same. Their power had yet to be restored.
(Wed, 25 Apr 2018) EIA has updated its report on federal financial interventions and subsidies in energy markets, covering the 2016 U.S. government fiscal year (FY). Subsidies for many energy categories have declined since FY 2013, when spending related to the American Recovery and Reinvestment Act of 2009 was at or near its highest levels.
Albemarle and DuPont have entered into an exclusive collaboration in licensing the latter’s IsoTherming hydroprocessing technology and providing aftermarket products and services.
Abu Dhabi National Oil Company (ADNOC) is planning to establish a new trading unit within its Marketing, Sales and Trading Directorate to optimize crude and product flows across value chain and support downstream international growth.
Royal Dutch Shell has agreed to sell its downstream business in Argentina to Brazilian ethanol producer Raízen for $950m.
This week at Hannover Messe, ABB launched what it says is the world’s fastest e-vehicle charger.
The Terra High Power charger can charge up to 350 kilowatts, which translates to about 200 kilometers of range for an EV, in just 8 minutes, according to the company.
ABB said that its chargers are being installed around the world, and they have recently been selected for use by Electrify America, the biggest electric vehicle infrastructure project to date in the United States.
In this episode, representatives of Blue Planet Energy discuss their work in Puerto Rico helping communities deliver on the value of energy storage and solar power through training and education.
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