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Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future

Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […]

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Biden Administration Jump-starts Offshore Wind Energy Projects

The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […]

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UK Govt Announces Promising new Deal in Offshore Clean Energy Shift

UK government has announced a new North Sea Transition Deal with the oil and gas industry. Under the new deal, the government has pledged that the high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future. Providentially, this deal will support workers, businesses, […]

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […]

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EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France

EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […]

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DOE Announces $24.5 Million for Manufacturing Flow Batteries and Resilient Electric Grids

The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency.  According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […]

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Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025

Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […]

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GWEC: 22 GW Wind Power Additions in North, Latin America In 2020

A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […]

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Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda

IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […]

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