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European Investment Bank - Bhutan: Supporting reliable, green energy for communities - EIB provides €150 million in financing for renewable energy investment

Global Renewable News

Highlights The first-ever EIB project in Bhutan, one of just three net carbon-negative countries in the world, supports new solar photovoltaic and hydropower schemes under the EU's Global G.

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Renewables overtake fossil fuels in 2020 as Britain's power grid enjoys 'greenest year' yet

Business Green

But Imperial College London analysis warns emerging technologies and negative emission power plants are likely to be needed to unlock full decarbonisation of the grid. Wind and solar alone generated around 30 per cent of Britain's electricity in 2020, while biomass provided seven per cent, and hydropower made up 1.6

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

The cost of new wind and solar generation, on a levelized cost of energy basis, is now lower than that of new thermal and hydropower generation, and increasingly below the operating cost of existing thermal plants. Existing hydropower plants can also help with this large ramp up power.

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Electrification gets down to the wire

GreenBiz

The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Manufacturing is going electric, too, as companies ratchet up their net-zero-carbon goals. Joel Makower.

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Moving Mountains: Drax moves forward with plans to create giant Scottish hydropower station

Business Green

The project would use reversible turbines to pump water from Loch Awe to the upper reservoir on the mountainside to store excess power from wind farms and other low carbon technologies when supply outstrips demand with the water then used to drive turbines and generate power when needed.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy. Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B