Ozmen-1 SPP has a long-term generation license within the scope of Turkey’s Electricity Market Law whereby it can sell electricity under a state purchase guarantee at a price of US$0.13 cents per kWh for a 10-year period, which started in October 2020. New electricity market rules brought in last year, covered by Energy-Storage.news, means that […]
To support the planned growth, the company said that it expects to continue to expand its asset rotation model through 2026, by which it funds projects at certain points and sells them to more well-positioned investors at a later stage. The company said that it expects to sell between 350MW-450MW of solar PV capacity and […]
A prototype of a bifacial photovoltaic module is seen inside Italian utility Enel’s solar panel gigafactory in Catania, Italy, November 28, 2022. REUTERS/Antonio Parrinello/File Photo Acquire Licensing Rights New Enel CEO presents his first strategic planGroup to scale back investments in renewablesEnel targets grid investment where returns more predictable MILAN, Nov 22 (Reuters) – Italy’s […]
The S&P 500 index tracks 500 large U.S. companies that collectively represent about 80% of the entire domestic stock market and more than 50% of the global stock market in terms of market capitalization. The index has rocketed 18% higher year to date (as of Nov. 17), as signs of economic resilience have lifted investor sentiment. […]
Electric vehicle batteries are typically replaced when they reach 70 to 80 percent of their capacity, largely because the range they provide at that point begins to dwindle. Almost all of the critical materials inside them, including lithium, nickel, and cobalt, are reusable. A growing domestic recycling industry, supported by billions of dollars in loans from the Energy Department […]
(Getty Images) With a majority in the state House for the first time in a dozen years, Pennsylvania Democrats launched this legislative session with an ambitious environmental agenda. Lawmakers introduced bills to mitigate the impact of natural gas extraction on nearby communities, halt the reactivation of idle coal power plants, and ensure that a nearly […]
