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Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report

The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […]

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Nebraska-Based IPP Closes $302 Mn Financing For Wind Project in Missouri

Vestas has been selected for supplying 111 wind turbines and providing maintenance services for the project. Leading Nebraska-based independent energy provider Tenaska has closed approximately $302 million (Rs 20 billion) in commercial financing for Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind project now under construction in Nodaway County in Northwest Missouri. “Tenaska has […]

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Germany Brings Online Largest Offshore Wind Farm in the Baltic Sea

Arkona started its power supply to the German national grid in September 2018, and its 60 wind turbines, each producing six megawatts, reached peak production in 2019 Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German […]

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$59 Million Fund to Accelerate Research in Batteries and Electric Vehicles

Funded through the Office of Energy Efficiency and Renewable Energy, this funding opportunity seeks projects to address priorities in advanced batteries electric drive systems, and energy efficient mobility systems amongst other areas of interest. The U.S. Department of Energy, Under Secretary of Energy, Mark W. Menezes has announced up to $59 million for new and […]

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Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025

The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […]

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Tata Power and IGL to Co-Develop EV Charging Stations and Solar Projects

Tata Power and IGL sign pact to jointly work on developing EV charging stations, swapping stations and solar power projects. Tata Power, one of India’s largest integrated power company, has signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping […]

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BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects

State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […]

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India, China and US Account For 70% of Rise in Energy Demands: IEA

IEA’s new report reveals that India, China and the US accounted for 70% of the global rise in energy demands last year, as demands were at a 10 year high. India, China, and the US together accounted for nearly 70 percent of the global rise in energy demands in 2018, according to a new report “The Global […]

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