From mid-May onward, customers with the Savonlinja bus company will be able to opt for a lower-emission journey. In cooperation with Neste, Savonlinja is introducing a surcharge, called Green Travel, on the normal bus ticket price. The customer is free to decide the amount of this additional charge. Savonlinja will use the money collected through the Green Travel service to reduce its greenhouse gas emissions by fueling its buses with Neste MY Renewable Diesel™, which is produced entirely from waste and residues. By paying a Green Travel surcharge of their own choosing, customers will be reducing their bus ride’s greenhouse…
Author: @WoRenewables
@WoRenewables
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At a ceremony in Athens earlier today representatives of the European Investment Bank (EIB) and the Independent Power Transmission Operation (IPTO) signed a EUR 178 million long-term loan to finance construction of the first power interconnector between mainland Greece and the country’s largest island Crete. The new twenty year EIB financing will support 50% of the costs of the new electricity link. The Crete interconnector, comprising two alternating current (AC) 150kV submarine cables, will be built between the Malea peninsula in the Peloponnese and Kissamos Bay in Crete. The new cable, expected to be operational in 2020, will be up…
May 13, 2019 – Boulder, CO – A new report from Navigant Research discusses how energy storage value-added services (VASs) have evolved and how the storage industry has grown by using VASs to reduce customer risks. Because potential customers are generally unfamiliar with energy storage system (ESS) technology, VASs are required for projects to be considered bankable by customers and investors. These services shift technological and financial risk for project performance from customers to the battery hardware providers and systems integrators that design and build an ESS. Click to tweet: According to a new report from @NavigantRSRCH, VASs present opportunities…
Kick-off meeting of the PV IMPACT project (Brussels, 17 April 2019) gathers experts from eleven industry and research organizations to impulse the actual execution of the SET Plan Implementation Plan for Photovoltaics. Project partners from eleven industry and research organizations met in Brussels on 17 April 2019 to kick-off the activities of the PV IMPACT project, a new Coordination and Support Action at European level funded under the Horizon 2020 programme. Running until March 2022, PV IMPACT will provide support for the execution of the PV Implementation Plan produced by the SET Plan Temporary Working Group (IWG-PV), that was endorsed…
London, 13 May 2019 – LG Electronics, the world’s leading supplier of solar panel solutions, has announced that it will showcase its new product portfolio at Intersolar Europe 2019 (15-17 May) in Munich. Panels present include the Neon 2, Neon 2 BiFacial and Neon R of the V5 series. LG will also be demonstrating the LG ESS Home 8 and Home 10 variants, as well as the LG Smart Energy Package. This consists of top of the range LG solar panels, the LG ESS storage system and the LG heat pump. Intersolar provides an opportunity for LG to discuss products…
Subsea service specialist Rovco has been awarded the full suite of health, safety and environmental management system standards by DNV – only two and a half years after they launched. The Bristol-headquartered organisation secured the ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 accreditations, underlining its team’s dedication to achieving the very highest HSEQ standards. The endorsement process was carried out by DNV, a global leader in certifying the management systems of companies across many industries including; renewables, oil, gas and marine. Brian Allen, CEO and founder of Rovco, said: “Achieving these certifications so early demonstrates that we have robust, safe…
The European Investment Bank (EIB) has signed a SEK 1 billion (EUR 95 million) loan agreement with Rikshem AB (publ). The Swedish property developer and owner will use the long-term financing facility to renovate housing stock to higher energy efficiency standards. Most of the properties concerned are to be found in Uppsala and Stockholm, with further real estate in cities such as Västerås, Norrköping, Östersund and Helsingborg. The loan structure, with a tenor up to 15 years, will support the company’s strategy by providing flexibility and sustainability to the capital structure. Alexander Stubb, vice-president of the EIB, commented: “The standards…
Over the next few years, Italy’s gas-dominated power market will transform as wind and solar capacity catches up and coal-fired assets are phased out. This is according to a new S&P Global Ratings report analysing Italy’s National Energy Strategy, which aims to increase the share of renewable sources to 30% by 2030. Wind and solar capacity are forecast to grow significantly by 2030, with predicted increases from 11GW (2018) to 18.4GW (2030) and 21GW (2018) to 50.9GW (2030) respectively, and a coal phaseout plan translates to a reduction of 2GW in coal capacity by 2024 and a further 6GW in…
May 06, 2019 (Heraldkeeper via COMTEX) — New York, May 07, 2019: The Geothermal Energy Market is expected to exceed more than US$ 8507 million by 2024 at a CAGR of 11.5%. The Geothermal Energy Market is segmented on the lines of its technology, component, vehicle type and regional. Based on Product segmentation it includes Binary, single flash, double flash, triple flash, dry and back pressure. On the basis of application it covers Civil use and Military use. The Geothermal Energy Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market…
By Julia Hamm
