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Tag: renewable energy
Report: South Korea to increase renewable energy to reduce its greenhouse gas emissions
2016-07-08 01:00:00| Power Technology
A report by Timetric reveals that the South Korean authorities intend to increase the share of renewables in their total energy mix to 5% by 2020, a rise from 3.6% in 2014.
Tags: report
south
increase
energy
To Fight Energy Poverty, Africa Embraces Both Renewable and Non-renewable Energy
2016-07-05 08:15:00| Climate Ark Climate Change & Global Warming Newsfeed
Bing: The African Development Bank (AfDB) has a soft spot for renewable energy in Africa, but its push for energy efficiency in a new ten-year plan embraces a controversial approach -- all sources of energy are acceptable. The New Deal on Energy for Africa, which runs from 2016 to 2025, is impartial to the source of energy or technology. The plan says it will let countries develop their resource strengths in renewable and non-renewable resources. Akinwumi Adesina, AfDB bank president told delegates...
Tags: energy
africa
fight
poverty
Renewable energy set to get a separate power trading market
2016-06-27 09:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Standard: With the increasing share of renewable energy in the grid and its likelihood to disturb existing power systems, the government is preparing a separate power trading platform for clean energy. The platform will be jointly developed by the ministry of new and renewable energy (MNRE) and Power Trading Corporation of India (PTC), a public-private venture for power trading. This would help states buy, sell and trade renewable-based power. This is likely to help states which have surplus renewable energy...
Germany had so much renewable energy on Sunday that it had to pay people to use electricity
2016-06-23 13:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Quartz: Last year the average renewable mix was 33%, reports Agora Energiewende, a German clean energy think tank. New wind power coming online should push that even higher. "We have a greater share of renewable energy every year,' said Christoph Podewils of Agora. "The power system adapted to this quite nicely. This day shows again that a system with large amounts of renewable energy works fine.' Critics have argued that because of the daily peaks and troughs of renewable energy--as the sun goes in and...
M&As this week: Tata Power Renewable Energy, Total, and Havells India
2016-06-17 01:00:00| Power Technology
Tata Power Renewable Energy has reached an agreement with Welspun Energy to acquire its subsidiary Welspun Renewables Energy (WREPL) for approximately Rs92.49bn ($1.378bn).
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