Solar Power Shock: 450,000 Households Face Export Fees

Solar Energy Sell-Back Woes: Flemish Households Face Costs BRUSSELS – May 3, 2024 – Approximately 450,000 households in Flanders are at risk of incurring charges for selling solar energy back to their suppliers. The issue arises from specific energy contracts that penalize consumers, even when the market value of the power is higher. This practice, … Read more

Global Forest Loss Tops Record as Wildfires Drive

(Bloomberg) — Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by Global Forest Watch, a platform run by the nonprofit World Resources Institute, which drew … Read more

Deals Seeking $45 Billion in Climate Funds Seen Managing…

(Bloomberg) — Climate programs targeting about $45 billion in funding for emerging economies won’t be derailed by America’s decision to withdraw, according to analysts. The US decision to exit from a leading role in Just Energy Transition Partnerships for South Africa, Indonesia and Vietnam will complicate financing efforts, but won’t halt the overall objectives of … Read more

Bahlil Still Holds Permit for Clean Electricity Exports to Singapore

Indonesia is gearing up to potentially become a major player in the global clean energy market, with negotiations underway to export renewable electricity to Singapore. This potential partnership, fueled by both nations’ commitment to sustainable development, promises a win-win scenario with far-reaching implications for energy security, environmental sustainability, and economic growth. Indonesia, blessed with vast … Read more

Actis signs agreement to buy Macquarie’s Stride platform

Bank of America Corp. (BofA) is running the sale process for the deal, which has an equity value of around $163 million, and it is expected to be completed by February.  Mint reported on 28 December 2023 that Actis is one of the firms interested in the Stride platform, which has more than 415 megawatts … Read more