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Westinghouse appeals Czech’s selection of KHNP for Dukovany nuclear project

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US nuclear company Westinghouse Electric has filed an appeal against the Czech Republic’s decision to select South Korea’s Korea Hydro & Nuclear Power (KHNP) as the preferred bidder for a multi-billion-dollar nuclear project. The Czech government chose KHNP to construct two nuclear reactors at the Dukovany power plant, each costing $8.65 billion, following a competitive bidding process. KHNP was selected over France’s EDF, with sources indicating that KHNP’s bid was significantly less costly. Westinghouse, which…

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Enfinity Global secures €500 million to develop 1.5 GW solar portfolio in Italy

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Spanish renewable energy company Enfinity Global has secured a €500 million ($558 million) deal to develop and construct a 1.5 GW solar asset portfolio in Italy. The investment has been structured through a club deal involving a consortium of partners, including Infranity, Schroders Capital, Rivage, BNP Paribas Asset Management, and the Queensland Investment Corporation (QIC). Infranity investment director Garbiñe Unda Barturen expressed a strong commitment to supporting Enfinity’s growth in the renewable energy sector, highlighting…

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Sunly secures €300 million for 1.3 GW renewable energy projects in Baltics and Poland

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Sunly has secured €300 million in debt financing to accelerate the development of 1.3 GW of renewable energy facilities, including solar, wind, storage, and hybrid parks, across the Baltics and Poland. This investment aims to enhance regional energy security and independence, particularly as the region prepares to separate from the Russian and Belarusian electricity grids. The financing, provided by Rivage Investment, Copenhagen Infrastructure Partners (CIP), and Kommunal Landspensjonskasse, will support the construction of integrated hybrid…

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US BLM issues right-of-way for Dry Lake East Energy Center Solar Project in Nevada

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The U.S. Bureau of Land Management (BLM) has granted a right-of-way (ROW) for the Dry Lake East Energy Center Solar Project, a new solar and battery energy storage system (BESS) in Clark County, Nevada. The project, situated in the Dry Lake East Designated Leasing Area, is designed to generate up to 200MW of solar power and provide up to 600MW of BESS reliability for the Nevada grid via the Harry Allen Substation. The development will…

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North Falls offshore wind farm DCO application accepted for examination by UK Planning Inspectorate

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SSE Renewables has announced that the development consent order (DCO) application for the North Falls offshore wind farm has been accepted for examination by the UK’s Planning Inspectorate. North Falls is a joint venture between RWE Offshore Wind and SSE Renewables. The DCO application, submitted in July 2024, moves the project into the pre-examination phase, with the formal examination set to begin in early 2025. North Falls is a proposed extension to the Greater Gabbard…

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Stanmore to build 20 MW gas-to-electricity power station at South Walker Creek coal mine

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Stanmore Resources has reached an agreement with the Queensland government to construct a new 20 MW gas-to-electricity power station at the South Walker Creek open-cut coal mine as part of the Low Emissions Investment Partnerships (LEIP) program. This plant aims to reduce future fugitive mine emissions by capturing coal seam gas at the mine and converting it into electricity for on-site use. Pending regulatory approval, Stanmore plans to complete the project by 2027, subsequently implementing…

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Japan pushes for restart of Kashiwazaki-Kariwa nuclear power plant

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Prime Minister Fumio Kishida announced on August 27, that Japanese ministers will convene next week to discuss the next steps for restarting Tokyo Electric Power Company’s (Tepco) Kashiwazaki-Kariwa nuclear power plant (NPP). The facility, located in Niigata, northern Japan, must first secure consent from the local government to resume operations. Japan’s nuclear regulator lifted the operational ban on the Kashiwazaki-Kariwa site in December. The ban, imposed in 2021 due to safety breaches, had kept the…

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New Zealand increases fossil fuel generation as hydropower hits decade-low

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New Zealand has ramped up its fossil fuel generation to meet electricity demand, as hydropower generation drops to its lowest level in nearly a decade. According to energy think tank Ember, electricity generated from fossil fuels between January and July reached 4.36 TWh, marking a 67% increase from the same period in 2023. This 1.75 TWh increase in fossil fuel generation closely mirrors the 1.86 TWh decline in hydropower output over the same period. Hydropower…

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Westinghouse receives UK approval for AP300 SMR design assessment

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Westinghouse Electric has received formal approval from the UK’s Department of Energy and Net Zero to enter the Generic Design Assessment (GDA) for its AP300 Small Modular Reactor (SMR). This marks a significant step for nuclear technology in the UK, which is supporting new nuclear projects through the Great British Nuclear (GBN) initiative. The AP300 SMR is a smaller, transportable reactor with a capacity of up to 300 MW(e) per unit, based on Westinghouse’s proven…

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Companies’ addiction to junk carbon offsets is killing the planet

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A new study from Kyoto University highlights significant issues in the carbon offset market, pointing to major companies such as Shell, Delta Air Lines, and Chevron, which have been purchasing low-quality offsets. From 2020 to 2023, the 20 largest players in the market, including these companies, primarily bought offsets that have a high risk of not delivering real emissions reductions, with 87% of their purchases deemed ineffective. This revelation follows the broader scrutiny of the…