News & Press Releases
News & Press Releases
Nucor Corporation Signs Virtual Power Purchase Agreement in Texas
Nucor Corporation announced that it has signed a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 megawatts (MWac) of new solar energy in Texas. The agreement, which will enable EDFR to add more...
News & Press Releases
Ovo, Shell Unit to Turn Spanish Homes into Virtual Power Plants
The deal is the latest in a trend where energy suppliers offer complete energy systems that turn households into virtual power plants. Ovo's Spanish offering is similar to Tesla Inc's tariff launched in the UK last month that combines...
News & Press Releases
Siemens, Toshiba Pulling Out of Coal-Fired Generation
Toshiba Corp. and Siemens Energy are the latest major power industry companies to move away from coal. Toshiba on Nov. 11 announced it will stop taking new construction orders for coal-fired power plants, and Siemens on Nov. 10 said...
News & Press Releases
MNREs Blueprint for Developing Wind and Wind-Solar Hybrid Parks
The Ministry of New and Renewable Energy (MNRE) has issued a detailed proposal for developing wind parks and wind-solar hybrid parks. The stakeholders can submit their suggestions and comments by November 28, 2020.
According to the ministry’s proposal, the probable...
News & Press Releases
EU plans to increase offshore windfarm capacity by 250%
The capacity of the EU’s offshore windfarms in the North Sea, the Baltic, the Atlantic, the Mediterranean and the Black Sea will be increased by 250%, under a draft plan drawn up by the European commission.
The move follows Boris...
News & Press Releases
Saudi Arabia’s Red Sea signs utilities deal with ACWA Power led consortium
The Red Sea Development Co (TRSDC) said on Monday it has awarded a contract to build and operate renewable power-based utilities for Saudi Arabia's flagship luxury resort development, the Red Sea Project, to a consortium led by ACWA Power.
Owned...
News & Press Releases
Israel launches 10-yr national energy efficiency plan
Israel has launched a national plan for energy efficiency and dealing with the climate crisis, the government announced. On Monday, the Ministry of Energy said the new plan, which refers to the years 2020-2030, was formed to reduce energy...
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