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The new schemes will evacuate 9GW of renewable energy from the states of Rajasthan and Karnataka. The government of India has sanctioned new interstate transmission system schemes worth Rs135.95bn ($1.63bn) to facilitate the evacuation of 9GW of renewable energy from the states of Rajasthan and Karnataka. The initiatives are part of India’s goal to achieve … Read more
Advertise | Customer Service | Terms of Service This is the latest example of energy and infrastructure deals fuelled by the energy transition drive becoming a growing source of work for firms. Simmons & Simmons and Reed Smith have secured lead roles in Abu Dhabi-based Masdar’s €3.2 billion acquisition of Greek renewable energy company Terna Energy. The Emirati state-owned renewable energy … Read more
Australia’s minister for Climate Change and Energy Chris Bowen revealed today (24 June) that the first auction of the Capacity Investment Scheme (CIS) has received interest from more than 40GW of solar and wind projects. Penned in an opinion piece for the Australian Financial Review, Bowen used this figure to attack the Coalition’s recent pledge … Read more
June 24, 2024 01:00 ET | Source: Norsk Hydro Norsk Hydro Hydro has completed the transaction for the sale of 49.9 percent of renewable energy company Hydro Rein to Macquarie Asset Management. The financial closing of the transaction that was announced in October 2023, is an important accomplishment for the execution of Hydro’s strategy to … Read more
A close-up look at the solar panels used for the MGM Resorts Mega Solar Array during the launch of the 100-megawatt solar power facility Monday, June 28, 2021. The solar array facility will produce up to 90 percent of MGM Resorts Las Vegas daytime power. Nevadans enjoy a little more than 250 days of sunshine a … Read more
A recent study has revealed a potential grid system in Earth’s plants, shedding new light on renewable energy sources and their connection to plant circadian rhythms. Researchers from the Indian Institute of Technology (IIT) Kharagpur have explored how the natural 24-hour cycles of plants could be harnessed to generate electricity. Renewable energy comes from natural … Read more
The backyard of Amundsen-Scott South Pole Station contains work-center buildings and cargo-staging areas. The main station is the large gray building in the distance. To the left of center in the distance, several of the scientific telescope buildings can be seen. Photo by Ian McEwen, National Science Foundation An opportunity exists at the bottom of … Read more
With electricity powering almost every aspect of society and electrification, industrial growth and digitalisation is creating new electricity demand. In a bid to tackle this hurdle head-on, Google is working with Nevada-based NV Energy to help the US meet this demand with reliable, affordable and clean power, turning a challenge into an opportunity. Together they … Read more
Solar power is abundant – when the Sun is shining. Wind power is steady – when the wind is blowing. However, creating a steady electricity supply from intermittent power sources is a challenge. NASA was focused on this problem more than 45 years ago when the agency designed a new type of liquid battery during the … Read more
Coal mines are not static. They move. A years-long time lapse of a strip mine would show a crater crawling across the Earth as miners gouge pits hundreds of feet deep to expose coal seams, and then haul dirt excavated from the front of the hole to fill in the back, where the mining’s finished. … Read more