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Aker Horizons acquires majority stake in Mainstream Renewable Power in €1bn equity deal

Business Green

Founded in 2008, the Dublin-based firm has built up significant interests in large scale solar and onshore and offshore wind projects across Latin America, Asia-Pacific, and Africa, and is involved in more than 1.2GW of major capital projects currently under construction.

Asia 91
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SSE and Equinor plot new 900MW carbon capture gas power plant

Business Green

Energy firms estimate project could capture up to 1.5 With "appropriate policy mechanisms in place", they predict the project could come online as soon as 2026, although they stressed final investment decisions for the project would depend on "the progress of necessary business models and associated infrastructure".

Carbon 55
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Nuclear: UK pushes forward with small advanced modular reactor program

Business Green

As such, BEIS is today launching a call for evidence to glean views from industry and the public on the government's preference for HTGRs for its AMR demonstration project. In total, the government has set aside a package worth £385m to accelerate development of more flexible nuclear technologies.

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Chiltern Railways debuts first battery-diesel hybrid train

Business Green

Mary Grant, CEO of Porterbrook, hailed the launch as "a significant first step in demonstrating how improvements to this fleet can reduce emissions and improve air quality both at stations and other locations across the network".

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UK Export Finance backs €2.1bn Turkish green rail project

Business Green

Plans to ramp up flows of green finance into emerging economies took a major step forward today, with the new the UK Export Finance agency has signed a €2.1bn loan guarantee deal to support the development of a major electric rail project in Turkey. Turkey is a vital trading partner for the UK," she said.

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New study helps regions find their renewable energy soul mates

Grist

Turns out, it’s not enough to grab a handful of renewable energy projects from a clean energy grab-bag and scatter them across the United States like wildflower seeds. A new study from Harvard’s Center for Climate, Health, and the Global Environment puts a fresh twist on that well-worn equation.

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The Northeast’s hemlock trees face extinction. A tiny fly could save them.

Grist

If the pressures of climate change force the nation’s trees to start emitting carbon dioxide instead of sequestering it, our Hail Mary climate solution may become part of the problem. Past 2040, the Harvard study projects that those black birches will capture 12 percent more carbon than the hemlocks they replaced.

Carbon 138