Cortec advances biodegradable packaging options as global auto manufacturer runs pilot tests on shipping performance. The Czech subsidiary of one of the world’s three largest car manufacturers, began looking for a biodegradable packaging substitute to reduce the amount of conventional plastic packaging they use. As global companies are becoming more...
South Korea could be the next biomass power market to watch as the government sets ambitious renewables targets and incentives to encourage developments in the sector, according to a report by Fitch Solutions. The country is forecasted to add 730 MW of biomass over the coming decade. Under president Moon Jae-in,...
BRIC bank loans of $300 million will target Russian renewable energy projects in the Far East. The loans will finance projects in wind, solar, and small hydropower energy generation technologies. Russia is increasingly targeting its Far Eastern regions as it intensifies its strategic policy goals in Asia. Owned...
International energy consultancy Xodus Group has expanded its renewables capabilities with the addition of a dedicated advisory team. The advisory team will support lenders, developers and the wider supply chain to identify and capitalise on renewable energy opportunities and mitigate against risk. Scott Hamilton has been appointed to lead the team,...
Nigerian distributed utility company, Arnergy, announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On. The company’s distributed renewable energy systems combine solar power, storage solutions...
Helena Oil & Gas is looking to attract fresh investment to its oil projects in Texas by creating the Helena Security Token (HEST). The creation of HEST lets investors support an existing, active project in the oil and gas sector without having to pay many of the extensive administrative and...
China will invest US$15 million to build a solar panel plant in Zimbabwe to produce 500 solar panels per day. The Chinese firm Yaowei Technology will make the investment that is expected to significantly address the ongoing electricity shortages causes by low water levels in the Kariba Dam and obsolete...
Indonesia has a project pipeline for 17GW of generation capacity designed to hit the targets identified by the Electricity Supply Business Plan (RUPTL), according to Dharma Djojonegoro, deputy CEO of Adaro Power. However, developing IPP projects in the past few years has been fraught with difficulties amidst policy changes, he...
Both Thailand and Japan are expected to see a surge of biomass power investments over the next decade, as Thailand receives strong government support for the sector, whilst Japan’s strong pipeline of biomass projects will continue to facilitate a capacity growth surge in the near-term, according to a report...
Wartsila renewables power plant contracts have been signed for projects to move the Caribbean and for Southeast Asia toward a 100 percent renewables future. The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light &...