Carbon

Radiology is the branch or specialty of medicine that deals with the study

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DEWA Reaches Financial Closure For 2,400MW Hassyan Clean Coal Power Project

Dubai Electricity and Water Authority (DEWA) has reached financial closure for the 2,400MW Hassyan clean coal power project. Last June, DEWA signed the PPA, Shareholders Agreement (SHA), and other project agreements with the consortium led by ACWA Power. Total investment of the project is USD 3.4 billion through Hassyan Energy Company, which is a joint-venture between DEWA (51%) and a consortium comprising ACWA Power, Harbin Electric, and the Silk Road Fund (49%). The project consists of four 600MW net power units. They will be operational in March 2020, March 2021, March 2022, and March 2023 respectively.

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AkzoNobel Acquires BASF’s Industrial Coatings Business, Strengthens Position

AkzoNobel has finalised the acquisition of BASF’s global industrial coatings business, positioning it as a provider capable of protecting every part of a wind turbine and offering a single source of supply to customers. The agreement includes all relevant technologies, patents and trademarks, as well as two manufacturing plants in the UK and South Africa. Approximately 400 employees from BASF’s industrial coatings business will now join AkzoNobel. The transaction is valued at €475 million, with BASF’s business generating revenue close to €300 million in 2015.

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Biofuels Industry Questions EU Commission’s Revised Renewable Energy Directive

Farmers and Industry leaders have questioned the European Commission proposals for new legislation on clean energy which has significant implications for crop-based biofuels. In turn, the Commission views this introduction of a cap on the contribution of food-based biofuels as a mechanism to minimise the Indirect Land-Use Change (ILUC) impacts.

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Nigeria: Northern Governors, GE Sign MOU For 500 MW 5 Solar Power Plants Project

General Electric is to build five solar power plants in Nigeria; to be located in Borno, Kebbi, Nassarawa, Niger and Taraba States which each of the plants expected to generate 100 megawatts of electricity totaling 500 megawatts across the 5 States. The electricity is meant to stimulate economic activities and social services in the affected States through boosting agricultural food processing, small scale businesses in addition to supplying electricity to schools and hospitals.

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Abu Dhabi Sustainability Week 2017 And A New Phase Of Growth For Clean Energy

Abu Dhabi Sustainability Week (ADSW), will host a world class group of industry leaders to advise on translating the global mandate for renewable energy and clean technologies into concerted policy and business action. This is significant as research indicates developing countries are overtaking the wealthiest economies in attracting clean energy investment. The global profile of ADSW is thus valuable in bringing emerging market opportunities to a wider stage, enabling greater cooperation between developed and developing economies.

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French Giant Total To Install PV Solar Panels In 5,000 Service Stations Globally

Total is launching a program to equip 5,000 of its service stations worldwide with solar panels within five years, including 800 in France. The total solar capacity to be installed is about 200 MW, equivalent to the amount of electricity used to power a city of 200,000 people. The project represents an investment of around $300 million and is projected to cut the company’s carbon emissions by 100,000 tonnes annually and reduce energy costs by $40m each year. It’s a high-profile move in what it sees as a growth sector, highlighting a greater industry focus on renewables.

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Growing Stronger: Wind Energy Can Supply 20% Of Global Electricity By 2030

A new report states that by 2030 wind power could reach 2,110 GW, and supply up to 20% of global electricity, creating 2.4 million new jobs and reducing CO2 emissions by more than 3.3 billion tonnes per year, and attract annual investment of about €200 billion. With dramatic price decreases in recent years for wind, solar and other renewables, a decarbonised power sector is not only technically feasible but is economically competitive as well. New markets are developing rapidly across Africa, Asia and Latin America, supplying clean energy to support sustainable development.

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Car Parks Of The Future? New European Airport Uses Trina Solar PV Modules

The international Airport Weeze in North Rhine-Westphalia is one of the newest European airports, welcoming 1.8m passengers a year. The airport operators have now opened car park P2 for customers and equipped it with a PV carport system. This offers a dual advantage. First, the renewable energy generated by the system can be used as an additional revenue source, or for self-consumption; whilst reducing its carbon footprint. Second, the system also serves as a protective layer shielding passenger vehicles.

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Credit Suisse And SolarCity Create New Fund To Finance $300m In Solar Projects

SolarCity Corp. has announced that it has created a new fund to finance more than $300 million in solar projects with Credit Suisse. The fourth such collaboration between SolarCity and Credit Suisse will allow thousands of homeowners in the U.S. to pay less for solar electricity than they pay for utility bills. The fund represents another new financing for SolarCity, following a $305 million cash equity financing and a fund to finance $347 million in projects with Citi that closed last month.

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d.light Raises $22m To Expand Its PayGo Business Into New Off-Grid Solar Markets

d.light has announced it has secured $22.5 million in financing to grow its PayGo business globally and support its mission of providing solar energy solutions for households and small businesses around the world, transforming the way off-grid families use and pay for power. The company raised $15 million in Series D equity from KawiSafi Ventures Fund, Energy Access Ventures, Omidyar Network and NewQuest Capital Partners. Debt funding of $2.5 million was also raised through SunFunder.

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General Motors Commits to 100 Percent Renewable Energy by 2050

General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100 percent renewable energy — such as wind, sun, and landfill gas — by 2050. “Establishing a 100 percent renewable energy goal helps us better serve society by reducing environmental impact,” said GM Chairman and CEO Mary Barra. “This pursuit of renewable energy benefits our customers and communities through cleaner air while strengthening our business through lower and more stable energy costs.”