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China Slashes Renewable Subsidies

China Slashes Renewable Subsidies

November 20, 2019 No Comments

China will cut the total size of its renewable power subsidies to $806.5 million (5.67 billion yuan) next year, from $1.15 billion (8.1 billion yuan) for this year, Reuters reports, citing the Chinese Ministry of Finance. The move is not unexpected. Beijing said earlier this year it will only approve new solar and wind power […]

Neste opens new office in Melbourne, Australia

Neste opens new office in Melbourne, Australia

November 19, 2019 No Comments

Neste, the world’s leading provider of renewable diesel and the 3rd most sustainable company in the world*, strengthens its footprint in renewable feedstock sourcing. The company has opened an office in Melbourne to serve Neste’s waste and residue raw material sourcing operations in Australia and New Zealand. “The opening of our new office in Australia […]

Neste and Ravago collaborate to enable chemical recycling of plastic waste

Neste and Ravago collaborate to enable chemical recycling of plastic waste

November 12, 2019 No Comments

Neste, the world’s leading provider of renewable diesel, renewable jet fuel, and an expert in delivering drop-in renewable chemical solutions, and Ravago, the world’s leading distributor and recycler of polymers, are joining forces to develop chemical recycling of plastic waste with the aim to reach significant industrial scale. Neste and Ravago have set a joint […]

SunPower Building 35-Megawatt DC Solar Project for Chevron’s Lost Hills Oil Field

SunPower Building 35-Megawatt DC Solar Project for Chevron’s Lost Hills Oil Field

October 29, 2019 No Comments

SunPower (NASDAQ:SPWR) today announced construction is underway on the Lost Hills Solar Project. The 35-megawatt DC (29-megawatt AC) system will feature Performance Series solar panels assembled in Hillsboro, Oregon, and deliver low-carbon electricity to Chevron’s (NYSE: CVX) Lost Hills oil field in Kern County, Calif., under a power purchase agreement. Over the project’s term of […]

Solar PV drives expected growth,in renewable capacity additions

October 29, 2019 No Comments

Renewable power capacity is set to expand by 50% between 2019 and 2024, led by solar PV. This increase of 1 200 GW is equivalent to the total installed power capacity of the United States today. Solar PV alone accounts for almost 60% of the expected growth, with onshore wind representing one-quarter. Offshore wind contributes […]

Tags: , , , , Renewables

Renewable Energy’s Inconvenient Truth

October 28, 2019 No Comments

The energy needs of the world’s economy seem to be easy to model. Energy consumption is measured in a variety of different ways including kilowatt-hours, barrels of oil equivalent, British thermal units, kilocalories and joules. Two types of energy are equivalent if they produce the same number of units of energy, right? For example, xkcd’s […]

Tags: , Renewables
REMONDIS and Neste partner to develop chemical recycling of plastic waste

REMONDIS and Neste partner to develop chemical recycling of plastic waste

October 23, 2019 No Comments

Neste and REMONDIS, one of the world’s largest privately owned recycling, service and water companies, have signed an agreement to collaborate in the development of chemical recycling of plastic waste. The companies will focus on developing and accelerating chemical recycling with a target to reach an annual capacity to process over 200 kilotons of waste […]

Neste to start using wind power at its production sites in Finland

Neste to start using wind power at its production sites in Finland

October 22, 2019 No Comments

Neste is committed to lowering its carbon footprint in production ahead of the EU’s climate and energy targets. One concrete example of Neste’s climate work is its new long-term agreement on wind power with a leading clean-energy company Fortum. “We are in the business of reducing emissions and accelerating circularity in society. As part of […]

Borealis and Neste begin strategic co-operation in plastics

Borealis and Neste begin strategic co-operation in plastics

October 16, 2019 No Comments

Borealis to produce renewable polypropylene using Neste’s renewable propane by the end of 2019 Borealis, a leading provider of innovative polyolefin solutions; and Neste, the world’s leading provider of renewable diesel, renewable jet fuel, and an expert in delivering drop-in renewable chemical solutions, are entering into strategic co-operation for the production of renewable polypropylene (PP). The co-operation will […]

ENGIE and Anglo American to co-develop renewable hydrogen solution for mining industry

ENGIE and Anglo American to co-develop renewable hydrogen solution for mining industry

October 11, 2019 No Comments

ENGIE, leader of the zero-carbon transition and Anglo American, leading global mining industry player, announced today their agreement to co-create and fuel the first hydrogen-powered mining haul truck. This project is part of ENGIE’s strategy to promote renewable hydrogen to help its customers decarbonize their operations. It is aligned with Anglo American’s initiatives towards mining […]

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