China plans to make power purchasers take fair returns into account when buying electricity from renewable power generators, according to a draft rule issued by the National Energy Administration on Monday aimed at improving their revenues.
Global renewable energy capacity is set to rise by 50 percent in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA).
Iran’s Ministry of Energy announced that the country is currently generating around one percent of its electricity, some 760 MW a year, from renewable sources, including from wind, solar, small hydro, recycled heat and biomass.
Backers of the controversial Energy Transition Act — which is meant to ensure the shuttering of a massive coal-burning power plant in San Juan County and push New Mexico toward more reliance on renewable energy — won a victory Saturday when a state senate committee gave it a positive recommendation following a four-hour debate.
Finland's Stora Enso, one of the world's largest pulp and paper makers, said on Tuesday it had joined forces with local startup Sulapac to develop renewable and biodegradable straws to combat the global plastic waste problem.