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Ørsted to shut down final coal-fired plant in Denmark

Ørsted has announced the closure of its last coal-fired heat and power plant in Esbjerg, Denmark, on August 31, 2024. This marks a major step towards making Ørsted’s energy generation nearly fossil fuel-free. Once known as one of Europe’s most coal-intensive energy companies, Ørsted has drastically reduced its reliance on coal, achieving a 92% reduction in scope 1 and 2 emissions from 2006 to 2023. The shutdown of the Esbjerg plant, along with the previously…

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Australia sees 20-fold increase in large-scale solar installations over six years

Australia’s large-scale solar installations have increased 20-fold over the past six years. In 2023, renewable energy accounted for 35% of Australia’s total electricity generation, reaching a record high of 96 TWh. Solar power was the largest source of renewable energy, making up 16% of total generation, followed by wind at 12% and hydro at 6%. The National Electricity Market (NEM) saw renewable energy comprising 37% of the electricity mix. The expansion of solar photovoltaics (PV)…

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Queensland launches leading solar panel recycling pilot with Smart Energy Council

The Queensland Government, in partnership with the Smart Energy Council, has launched Australia’s leading solar panel recycling, reuse, and recovery pilot. The Solar Panel Stewardship program will implement solar panel recycling across the state, aiming to improve industry engagement with communities and establish better practices in the renewable energy sector. The pilot includes six solar panel collection sites in Capalaba and North Lakes in greater Brisbane, the Gold Coast, Rockhampton, Toowoomba, and Townsville, with a…

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Public sector’s role key to energizing sustainable bond markets in Asia: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) has highlighted the crucial role of public sector involvement in advancing sustainable bond markets across the ASEAN+3 region, which includes Southeast Asia, China, South Korea, and Japan. In a recent report, IEEFA pointed out that the region’s sustainable bond markets lag behind Europe due to limited public sector participation, affecting market development and investor confidence. Europe’s success in sustainable bonds is driven by strong public sector…

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Challenges and action plan for a sustainable power sector in Bangladesh

Bangladesh’s power sector is currently undergoing aggressive expansion with a focus on fossil-fuel-based capacity, leading to challenges such as overcapacity, high generation costs, revenue shortfalls, and a growing subsidy burden. The sector’s overcapacity is evident with an installed generation capacity of 28,166 MW compared to a peak demand of just 17,200 MW, resulting in a surplus of 38.9%, which rises to over 60% during the winter. This surplus is particularly problematic because the system is…

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Pollution tax can drive green transformation in Bangladesh

Despite its low per capita greenhouse gas emissions of 1.29 tonnes of CO2 equivalent—well below the global average of 4.58 tonnes—Bangladesh faces significant environmental challenges due to inefficient technologies causing high levels of pollution. To address this, the government is considering a pollution tax on environmentally damaging sectors to generate revenue, which can be reinvested to reduce pollution and promote sustainability. Currently, Bangladesh imposes an environmental surcharge on owners of multiple vehicles. Expanding this to…

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Ingeteam delivers over 1 GW of solar power systems for Acciona Energía projects in US

Ingeteam has supplied more than 1 GW of solar photovoltaic (PV) power conversion systems and controls to Acciona Energía for two significant projects in Texas, USA. The first project, with a capacity of 317 megawatts alternating current (MWac), includes 48 transformer stations equipped with 185 Ingeteam central inverters, marking Ingeteam’s first large-scale installation for Acciona Energía in the US market. The second Texas project has a capacity of 458 MWac and features 71 medium voltage…

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EnBW completes foundation installations at 960MW He Dreiht offshore wind farm

EnBW has announced the completion of foundation installations for the 960MW He Dreiht offshore wind farm in the German North Sea. The installations were carried out over three months using the Thialf, one of the world’s largest floating cranes, operated by Heerema. During this period, the Thialf drove the monopiles into the seabed, setting the stage for the next construction phase. Each of the 64 steel foundations measures 70 meters in length, has a 9.2-meter…

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CPS Energy partners with Eolian for large-scale battery storage projects in Texas

CPS Energy, a municipally owned energy company in the US, has signed agreements with Eolian to establish two large-scale battery energy storage systems (BESS) in South Bexar County, Texas. The Ferdinand and Padua 2 projects, with capacities of 200 MW and 150 MW respectively, are expected to become operational in the first half of 2026. These facilities will build on the existing partnership between CPS Energy and Eolian, which includes the 50MW Padua 1 project…

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TotalEnergies launches pilot project for floating wind turbine in North Sea

TotalEnergies has initiated a pilot project to provide renewable energy to an oil and gas platform in the North Sea through a 3 MW floating wind turbine. The turbine will be located 2 km west of the Culzean platform, which is situated 220 km off the eastern coast of Scotland. It is expected to supply approximately 20% of the Culzean platform’s power requirements, supplementing the electricity generated by existing gas turbines. The floating wind turbine…