Headline News:
- “84-GW US Renewables+Storage Pipeline Has Developers Anxious For Market Integration Rules” • Counting projects of 1 MW or more, 4.6 GW of operating US renewables projects are co-located with batteries. The immediate development pipeline has 14.7 GW more. Behind those are 69 GW more. Developers want to know what the rules are. [Utility Dive]
Wind turbine and solar panels (GE Renewables image)
- “JBIC Becomes Third Japanese Bank In A Month To Signal Move Away From Coal” • The governor of the Japan Bank for International Cooperation said the bank will no longer accept loan applications for new coal power projects. The statement comes as more Asian firms ditch coal, with the capital flight from the fossil fuel accelerating. [Eco-Business]
- “Ofgem Backs Shetland Subsea Power Cable Plans” • Energy regulator Ofgem approved plans for a subsea power cable which would take energy from Shetland to the Scottish mainland. The Scottish and Southern Electricity Networks plan for a 600-MW transmission link to export renewable electricity from Shetland to the rest of Britain. [BBC News] (160 miles – ghh)
- “GM And Ford Could Lose Billions As Used Car Prices Plummet” • The coronavirus is kicking the stuffing out of used car values. One of the largest US auction houses reports prices were down 11.8% in the first half of April. A JPMorgan analyst said GM Financial could lose $3 billion and Ford Credit $2.8 billion, if this continues through the quarter. [CleanTechnica]
- “The Number Of People Affected By Floods Will Double By 2030” • Flooding has already caused more than $1 trillion in losses globally since 1980, and the situation is poised to worsen: New analysis from World Resources Institute’s Aqueduct Floods finds that the number of people affected by floods will double worldwide by 2030. [CleanTechnica]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
April 24 Green Energy News posted first on Green Energy Times
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