29 Oct 2015

In East Africa, Chinese-based power transmission and generation company, Shanghai Electric, has demonstrated an interest in  investing $2 billion toward the development of biomass energy in Uganda. On a tour visit to Uganda, Shanghai Electric senior officials told local media that an alternative power source like the biomass can effectively solve the power shortages that […]

22 Oct 2015

Apple and its biggest supplier Foxconn are together pledging to build solar power plants to produce more than 600 megawatts of electricity, in a big step towards making the Chinese factories that produce the iPhone run entirely on clean energy. As part of a new Apple initiative, Taiwan-based Foxconn — the world’s largest contract manufacturer — has committed […]

22 Oct 2015

China’s leading nuclear supplier has set out ambitions to build a series of new reactors in Britain, saying it wants to use a multibillion-pound deal on Hinkley Point to open the door to investment in other countries. State-owned nuclear group CGN will take a 33.5 per cent stake in the first of three such power stations in […]

21 Oct 2015

Energy companies have warned that 15 “illogical” policy changes introduced by the new Conservative government since May have made some renewable power sector projects “uninvestable” — causing them to cancel billions of pounds worth of investment. RWE Innogy — the renewable energy unit of Germany’s RWE Group — has scrapped nine onshore wind projects in England in the past […]

19 Oct 2015

EDF plans to sell as much as €10bn of assets over five years to shore up its balance sheet, as the French energy group prepares to start the expensive process of building three UK nuclear reactors. The French state-controlled utility is considering the sale of the exploration and production operations of Edison, its Italian subsidiary, as well […]

13 Oct 2015

WHICH source of renewable energy is most important to the European Union? Solar power, perhaps? (Europe has three-quarters of the world’s total installed capacity of solar photovoltaic energy.) Or wind? (Germany trebled its wind-power capacity in the past decade.) The answer is neither. By far the largest so-called renewable fuel used in Europe is wood. […]

12 Oct 2015

Nearly a billion dollars has been wiped off the value of coal investments by UK public pension funds over the past 18 months, intensifying pressure on the schemes to pull out of “stranded” fossil fuel companies. The findings come two weeks after Mark Carney, the governor of the Bank of England, warned that investors in coal, […]

08 Oct 2015

Almost a quarter of Africa’s energy needs could feasibly be supplied by renewables within the next 15 years, according to a new report released by the International Renewable Energy Agency (IRENA) yesterday. The report, which provides a roadmap for renewable energy deployment on the continent, found that a variety of modern renewable technology options could more than […]