The Sydney, Australia-based Clean Energy Finance Corporation recently committed $100 million for a new Australian Bioenergy Fund to advance the country’s bioenergy sector.
Murilo Ferreira, chairman of Brazil-based energy conglomerate Petrobras (Petroleo Brasileiro SA), has stepped down effective Nov. 30.
Austin, Texas-based Thermal Energy Partners recently signed a PPA worth about $800 million for the first of four planned geothermal projects in the Caribbean.
Plans have been revealed for a new geothermal on-site heat and power project to be located at the UK’s Eden project in Cornwall.
In mature economies such as the United States, “going solar” can enable individuals and even neighborhoods to lessen dependence on the grid. The motive may be independence, energy reliability, renewable integration, environmental concerns, relief on one’s utility bills, or a mix of these drivers.
Abengoa SA’s bonds and stock tumbled to records after the embattled renewable-energy company said it was seeking preliminary protection from creditors following the breakdown of talks with a new investor.
DOE has awarded about $10.1 million in funding to four companies to advance grid-scale energy storage technologies.