Switzerland voted on Sunday to start exiting nuclear power generation in favor of renewables energy sources such as solar, wind and hydro, as part of a revised energy strategy, Kallanish Energy reports.
British private equity firm, Actis, has purchased 346-megawatt onshore wind capacity in Brazil, through the undisclosed acquisition of two wind farms in the country’s northeast region from local Casa dos Ventos.
DTE Energy on Tuesday announced plans to reduce the company's carbon emissions by more than 80% by 2050, including adding 3,500 megawatts (MW) of natural gas-fired capacity, and 6,000 MW of renewables.
The European Commission (EC) said on Monday that the extension of hydro power concessions granted by Portugal to the state utility Electricidade de Portugal (EDP) did not involve state aid, following over three and a half years of investigation.
Malaysia’s state-owned utility TNB has concluded the purchase of a 50% stake in a UK’s 365-megawatt solar photovoltaic portfolio from TerraForm, through its wholly subsidiary Vortex Solar UK, Kallanish Energy learns.
The power generation fuel mix in the nine Northeast U.S. states has shifted dramatically over the past 10 years, as natural gas’s share of total generation nearly doubled, to 41% in 2016, from 23% in 2006.