Energy
Mytilineos’ Aussie PPA signed
Mytilineos and SmartestEnergy Australia have signed a long-term power purchase agreement (PPA) for the 40-megawatt Kingaroy Solar Farm in Queensland, Australia, the listed group announced.
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Toyota announces initiative for solid state batteries
Toyota plans to make an all solid-state battery as part of its ambitious plans for battery electric vehicles, the company said yesterday, amid mounting criticism Japan's top automaker needs to do more to fight climate change.
Applications open for ‘Energy Saving at Home’ program
Starting on Monday, the "Energy Saving at Home" program will accept applications through the platform https://exoikonomo2023.gov.gr. The application period will extend until September 15. It is estimated that around 20,000 households will participate in the program, which has a budget of 300 million euros.
Pohorje wind energy project hits roadblocks
After nearly a decade of unsuccessful attempts to increase Slovenia's wind turbine count beyond two, the latest ambitious venture, involving 56 turbines on the Pohorje Plateau meant to supply 110,000 households, has encountered its set of challenges as well.
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Heron signs deal with Meton Energy
Heron Group on Wednesday announced the signing of long-term power purchase agreements (PPAs) with RWE Renewables Europe & Australia and PPC Renewables, through their joint venture Meton Energy.
Under the terms of the agreement, Heron will supply approximately 192 gigawatt-hours of green electricity each year.
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COP28 chief says reduction of fossil fuel use 'inevitable'
The head of the upcoming COP28 climate summit, who also is the chief executive of the UAE's national oil company, has acknowledged that a reduction in the use of fossil fuels is inescapable.
"The phase down of fossil fuels is inevitable," Sultan al-Jaber said on the sidelines of technical climate talks on June 8 six months ahead of the summit.
France says nuclear power is 'non-negotiable'
French nuclear power is "an absolute red line" and non-negotiable, Finance Minister Bruno Le Maire said on June 8, following Franco-German disagreements over the role of nuclear energy in Europe.
Nuclear-reliant Paris has already irked Berlin by insisting on giving nuclear energy a starring role in European plans to produce more green technology in Europe.
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OPEC+ will continue Oil Output Cuts as Prices remain Unchanged
The group of oil-producing countries agreed on Sunday to extend oil production curbs through 2024 as petrol prices remained stable, according to "The Hill".
Djedovic: Serbia to make substantial investments in energy infrastructure
BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with Asian Infrastructure Investment Bank (AIIB) Vice President Konstantin Limitovskiy on Friday and noted that 15 bln euros must be invested in the Serbian energy sector over the next 10 years.
Bulgaria: Natural Gas in June will become cheaper by 15% thanks to the Azeri Gas Interconnector
"Bulgargaz" proposed a 15% reduction in the price of gas in June, and the state energy regulator EWRC approved the proposal at its meeting today.