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The Latest Breaking News from Renewable Energy

Australia's energy transformation is ramping up, but there are major challenges ahead

The Labor government has a plan to increase the share of renewable energy in the grid to 82 per cent by 2030, but many experts and investors say reaching that will not be possible without a major upgrade of the poles and wires that transport that power around the grid.

ABC News

NT Utilities Commission warns of future blackout risk, calls for urgent energy grid investment

The NT power sector watchdog has warned of serious hurdles as an ageing power system transitions to a solar-powered, renewable future. So, are more power outages ahead?

ABC News

TPCH sees revenue spike ahead

SET-listed TPC Power Holding Plc (TPCH), the renewable energy arm of engineering and construction service provider Thai Polycons Plc, expects its revenue to grow by 30-40% this year, driven by a waste-to-energy power plant and two biomass power plants.

Bangkok Post

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Kraft Heinz Inks Power Purchase Pact With Berkshire Hathaway Energy Business

Kraft Heinz Co (NASDAQ:KHC) has signed a virtual power purchase agreement with BHE Renewables, a Berkshire Hathaway Inc (NYSE: BRK-A) Energy business. Under the agreement, BHE will provide power from renewables to Kraft Heinz's operations within the U.S. The facilitation is part of Kraft Heinz's aim to procure most of its electricity from renewable sources…

Benzinga

RWE and Tata Steel partnership could see offshore wind power made with Port Talbot steel

RWE is proposing to build a commercial-scale offshore floating wind farm in the Celtic Sea

Birmingham Post

Factbox-EU countries agree deals on laws to fight climate change

European Union countries struck deals this week on a raft of new climate change policies, including tougher targets to expand renewable energy and a 2035 end to the sale of new fossil fuel-powered cars.

Reuters

Aussies back stronger climate action: Lowy

Australians overwhelmingly support a stronger response on climate change and federal government subsidies for renewable energy, a Lowy Institute poll shows.

Crikey

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Bristol investment firm crowdfunding £5m for renewable energy projects

Thrive Renewables has supported projects such as England’s tallest onshore wind turbine and the UK's first commercial deep geothermal electricity generation plant in Cornwall

Birmingham Post

Kraft Heinz Procures Wind Energy From Repsol

Kraft Heinz Co (NASDAQ:KHC) has signed a power purchase agreement with the Madrid-based energy company Repsol S.A. (OTC:REPYY). The financial terms were not disclosed. The twelve-year agreement is the company’s first investment in wind energy and aligns with its vision of sourcing a major part of its electricity from renewable sources by 2025. Kraft Heinz…

Benzinga

Ameren Acquires Huck Finn Solar Project In Missouri

EDF Renewables North America and Ameren Corp's (NYSE:AEE) subsidiary Ameren Missouri have established an agreement for Huck Finn Solar Project. Ameren will acquire, after construction, the 200 megawatt (MWac) / 270 MWdc Huck Finn Solar Project. The terms of the agreement are confidential. Developed by EDF Renewables, Huck Finn Solar is expected to create…

Benzinga

Editorial: Gov. Newsom’s plan to prevent power outages has a big downside: fossil fuels

Gov. Gavin Newsom, worried about the threat of power shortages from climate-fueled heat waves, wildfires and drought as the state transitions to renewable energy, has crafted something of a devil’s bargain. To ensure California can keep the lights on during hot summer evenings when the power grid is at highest…

Los Angeles Times

‘Tangedco cleared significant outstanding dues to Adani Green Energy’

As per a financial transaction, the firm had receivables due of ₹514 crore from Tangedco

The Hindu

Scottish Government urged to ditch ‘high cost, low efficiency’ hydrogen fuel

ENVIRONMENTAL campaigners are calling on the Scottish Government to end support for hydrogen technologies after a new report exposed…

The National (Scotland)

Parallel Entities: A Houthi Weapon that Destroys the State, Dismantles Society

The Houthi group continues to create parallel entities and bodies to replace state institutions despite its complete control over Sanaa. Last week, the head of the Supreme Political Council, Mahdi al-Mashat, established the General Corporation for Electric Industries and Renewable Energy and appointed Abdul-Ghani Mohammad Hussein al-Madani as its head.…

Asharq Al-Awsat

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The Independent UK

El Hierro – the little-known Canary island powered by renewable energy

The Canary Islands’ otherworldly volcanic landscapes are the stuff of legend – to see them in their purest form, head to their sustainable, off-radar sibling, says Shilpa Ganatra

Crikey

Extension cord to Asia ‘investment ready’

A world-first intercontinental renewable energy system, backed by two Australian billionaires, is closer to exporting sunshine to Asia.

The Conversation

The clean energy revolution isn’t just a techno-fix – it's about capturing hearts and minds

The Black Summer bushfires devastated parts of the Eurobodalla region in New South Wales. Then earlier this year, the area was hit by floods. As climate change threatens to bring more severe and frequent extreme weather events, how can we help future-proof such communities?

The Hindu

During peak renewable energy season, T.N. underdraws from grid

It is more than 300 MW in around 719 blocks

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AAP

Energy market suspension set to be lifted

The Australian Energy Market Operator says the suspension of the wholesale electricity spot market will end on Friday afternoon.

Crikey

Energy minister taken advantage of: Dutton

But despite opposition criticism, the prime minister says he’s confident investment in renewables will lead to lower prices in the medium-term.

Benzinga

Biden Administration Reportedly Approached Tesla On Its Day 1 In Office: What Was It About?

Tesla, Inc. (NASDAQ: TSLA) was reportedly approached by President Joe Biden's administration to help with drafting a new renewable energy policy.

StockNews.com

Panic At The Pump: Time to Look At Renewable Energy Stocks?

There has been a considerable rise in spending at the pump due to the supply-demand imbalance. Although renewable energy is gaining traction, it is yet to show enough promise as a solid alternative. So, despite the panic at the pump, it isn’t worth betting on fundamentally weak renewable stocks Plug…

AAP

Qld picks fossil fuel over energy storage

The Queensland government has prioritised coal and gas-fired generation over energy storage as it eyes dividends from the surging wholesale electricity market.

AAP

Qld electricity prices won't fund budget

Queensland Treasurer Cameron Dick says public electricity generators will use profits they've earned on the wholesale market to transition to renewable energy.

ABC News

Wind turbines bound for landfill because of hefty recycling expenses

Researchers are urging the federal government and renewable energy companies to provide an end-of-life plan for wind farms in light of their expensive recycling costs.

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