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Showing 141 - 150 of 436 results for "electricity"

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... as electrification and living standards grow. The IEA forecasts that renewables will account for over 90% of global electricity capacity expansion over 2022-2027, with output growing by almost 2,400 gigawatts. By 2027, wind and solar will be 20% of global ...

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
... (CER). CER gave its update on the Renewable Energy Target (RET), a government scheme designed to make it easier for electricity retailers to access renewable energy and meet their legal obligations, by purchasing certificates that represent a megawatt ...

Arup appoints state energy business leader

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
... infrastructure across ASEAN, market modelling for future decarbonisation of the power system in Singapore, work on green electricity import via subsea electrical interconnectors, hydrogen import studies, and a wide range of renewable energy projects ...

Bowen announces sectoral net zero strategy approaches

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
... further the government's net zero ambitions. Bowen announced that federal cabinet will develop plans specific to electricity and energy, industry, the built environment, agriculture and land, transport and resources. The plans will be a joint effort ...

Charter Hall sets records for sustainable office portfolio

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
... across its core sectors. The company has a 2025 target for net zero in Scope 1 and 2 emissions, thanks to a renewable electricity power purchase agreement with ENGIE for 100% of assets under operational control. Charter Hall managing director and Group ...

Japan renewables get boost from Singapore tech

ROSE MARY PETRASS  |  TUESDAY, 11 JUL 2023  |  NEWS
... recent study from the Lawrence Berkeley National Laboratory supported by the US energy department found. This would cut electricity costs by 6%. Renewables - including solar, wind, hydropower, biomass, hydrogen and nuclear sources - currently account ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
... term loans to fund QIC's 50% interest in Vector Metering in addition to green capex facilities to fund the business's electricity smart metering expansion in the region. The initial green and non-green limits of the capex facilities may be re-allocated ...

$20.5 billion cash infusion for Australia's green bank

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUN 2023  |  NEWS
... Rewiring the Nation program, with investments including high voltage transmission, long duration grid storage and electricity distribution network infrastructure," with $1 billion to create the Household Energy Upgrades Fund, to provide discounted consumer ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... activities. The MDBs have announced four activity types not aligned with the Paris Agreement: mining of thermal coal, electricity generation from coal, extraction of peat, and electricity generation from peat. MDBs are allowed to undertake non-universally ...

Western Australia issues first green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
... delivering positive environmental outcomes, such as the state's significant investment to decarbonise the main electricity grid. This includes batteries and wind farms, electric vehicle charging infrastructure and rebates and standalone power systems. ...