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View from Asia: why Asia needs to nurture its tourism offering

Asia outstrips the world for tourist arrivals and is still experiencing growth. Constant maintenance and upgrade are essential to maintain this lead.




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BASF kicks off China megaproject

German chemical giant BASF has begun construction of its $10bn mega project in southern China, which will be the country’s first wholly foreign-owned chemical complex. 




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View from Asia: the crippling effect of coronavirus

China's coronavirus outbreak is having a seismic effect in Asia and beyond, writes Lawrence Yeo.




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New SSH Attack Weakens Passwords




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Server-Based Botnet Floods Net With Brutish SSH Attacks




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View from the Americas: the evolving political economy of FDI

We are currently in a state of heightened business and economic disruption and sociopolitical activism, which only looks set to intensify. 




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View from the Americas: time for action on SDGs

Giant investment firm BlackRock throwing its weight behind sustainability issues is sending a signal to the corporate world to respond urgently to global calls for action, writes Gregg Wassmansdorf.




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Latin America embraces China's Belt and Road with enthusiasm

Up to 18 countries across Latin America have joined China’s new Belt and Road Initiative, hoping to boost their infrastructure development and investment.  




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Bolivian minister hails tourism increase

Marcelo Eduardo Arze García, Bolivia’s vice minister of tourism, tells Sebastian Shehadi why tourists are turning their attention to one of South America's less explored destinations. 




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Belarus foreign affairs minister looks to strengthen trade with East and West

The minister of foreign affairs for Belarus tells fDi why the country is keen to join the WTO and strengthen economic relations with the CIS.




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Free economic zones showcase Belarus's skills and stability

Besides perks such as tax breaks, Belarus’s six free economic zones offer investors convenient logistics and, for companies from neighbouring Ukraine and Russia, a geopolitical safe place to do business. Wendy Atkins reports.




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Production and preservation the key on Canada's Atlantic coast

Canada's Atlantic Ocean-bordering provinces are making the most of their coastal resources, using decades of knowhow to balance economic growth with sustainability.




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FDI into Lithuania increases in 2018

Lithuania is enjoying a boost in FDI project and jobs, with the capital, Vilnius, getting the lion's share.




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Middle East sees increase in investment from US

Investment into the Middle East region by US-based companies showed a notable increase between the beginning fo 2016 and the end of 2018. 




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Dubai top for Middle East office openings

Dubai outstrips other Middle East cities as top destination for office openings.




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UAE is manufacturers' top choice in Middle East

The UAE remained the Middle East's most popular destination for foreign manufacturing investments in 2018.




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FERC's data shows US renewable generating capacity has surpassed coal

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), U.S. electrical generating capacity by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) has now - for the first time - surpassed that of coal.




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China's Jinko Solar sees more foreign sales as domestic market shaky

JinkoSolar Holding Co., the world’s biggest solar panel maker, sees China’s photovoltaic power additions slumping this year and a greater share of its revenue coming from overseas amid uncertainties over Beijing’s new policies.




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Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




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Target commits to 100 percent renewables; signs PPAs to purchase wind and solar energy

On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.




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California Energy Commission gives $3M grant to pair energy storage and fast EV charging

Natron Energy said that the California Energy Commission (CEC) awarded it a $3 million grant for “Advanced Energy Storage for Electric Vehicle Charging Support.” Natron will use the money to manufacture and install a high powered, long cycle life energy storage system at an EV Fast Charging station.




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New York to pass 'one of the most aggressive clean energy mandates in the country'

New York is poised to pass its own version of the Green New Deal with a climate bill that would more than triple the state’s solar capacity and aggressively promote development of wind farms off the state’s coast.




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Solar industry, advocates hail New York passage of ambitious climate bill

New York’s Climate Leadership and Community Protection Act passed the Assembly early in the morning of June 20 and will now await the governor’s signature. Solar advocates praised the state legislature’s adoption of long anticipated legislation that will require at least 70 percent of electric generation come from renewable sources by 2030 and providing needed funding to low-income and environmental justice communities.




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Integrating rooftop solar just got easier for utilities

Homeowners and businesses may now have an easier time getting solar panels on rooftops thanks to software developed at Sandia.




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Q&A with an oil and gas executive turned EV charging infrastructure champion

Miriam Gozalo is an electrification project development manager at BP, one of the largest oil and gas companies in the world. Her work is squarely focused on the energy transition. Read what she has to say about her role working on ultra-fast electric vehicle charging stations in a company that most people associate with drilling rigs and gasoline.




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Ontario Power Generation to buy U.S.-based Cube Hydro

Ontario Power Generation (OPG) has entered into an agreement to acquire Cube Hydro, an operator of small and medium-sized hydropower facilities in the northeast and southeast U.S.




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BlackRock unit aims to boost Asian renewables to $5 billion

BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy.




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Massachusetts approves contracts for hydroelectricity through NECEC project

The Massachusetts Department of Public Utilities has issued an order approving long-term contracts for 9,554,940 MWh annually of hydropower between H.Q. Energy Services (U.S.) Inc. and the Commonwealth’s electric distribution companies through the New England Clean Energy Connect 100% Hydro project (NECEC Hydro).




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PNM plans early retirement of coal plant with massive addition of solar + storage

On July 1, Public Service of New Mexico filed a plan with regulators in the state for how it plans to get to a 100 percent emission-free power by 2040. The utility reviewed four scenarios, all of which involved the early retirement of the San Juan Coal Plant, to arrive at its recommended path forward.




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Massachusetts incentivizes energy storage systems for commercial property owners

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.




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Dominion Energy begins construction on Coastal Virginia Offshore Wind project

Dominion Energy has begun construction on the Coastal Virginia Offshore Wind (CVOW) project, which will feature two 6-MW wind turbines and power about 3,000 homes.




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Natural Gas beat coal in the US. Will renewables and storage beat gas?

In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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AI-powered storage company enters Northeast market with “front-of-the-meter” solution

This week artificial intelligence (AI)-driven energy storage services provider Stem said that it had formed a partnership with New York-based private equity company Syncarpha Capital to build 28.2 megawatt-hours (MWh) of large-scale storage projects co-sited with solar in Massachusetts.




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Wednesday webcast to reveal what's new about POWERGEN 2019 in NOLA

Clarion Energy’s Teresa Hansen, vice president of global content, for a webcast Wednesday  will be making some important announcements regarding this year’s event in New Orleans. Hansen also will offer key details on content, the exhibit floor and resources available to attendees.




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US tribes turn to solar as new revenue source

Dozens of new solar and wind projects are sprouting up on tribal lands across the U.S. as Native Americans seek new ways to boost their economies beyond casinos and untaxed cigarettes.




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National Grid purchases wind and solar developer, Geronimo Energy

Yesterday, National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its $100 million acquisition of Geronimo Energy - a wind and solar developer in North America. The deal, which was announced on March 7th, 2019, has now satisfied all regulatory requirements and closing conditions.




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Minnesota utilities weigh energy storage as substitute for peaker plants

Gas peaker plants may be among the first casualties of a new Minnesota law requiring utilities to include energy storage as part of their long-range plans.




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Shell to install ultrafast EV chargers in the Netherlands in e-mobility push

Global infrastructure services firm AECOM said that Shell Retail has hired it to deliver ultrafast electrical vehicle (EV) chargers across the Netherlands. A total of 200 fast chargers – under the brand name Shell Recharge - will be available at Shell forecourts (filling stations).




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Fantasy Energy League Draft follow-up: breaking down the first round

In late 2018, I put out the call to see how many fellow energy nerds I could gather to indulge me in combining my passion for energy analysis and clean power policy with my love of fantasy sports. By the end of January 2019, I had my cast of characters who somehow thought this idea was as fun as I did (isn’t the Internet the greatest tool for finding people who share your interests?) and I released my Draft Preview. Coordinating this draft among 14 different teams with different time zones and schedules chock-full of actually helping to save the planet proved no easy task, but by the end of March we had conducted 5 rounds of picks for a total of 70 selections in this Inaugural Fantasy Energy League!




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Lincoln Clean Energy: Texas' Lockett Wind project commercially operational

The Lockett Wind farm in Wilbarger has the potential to generate more than 700,000 MWh of renewable energy per year, enough to power the equivalent of 70,000 homes. 




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Energy storage plant set for southeast Asia

Finnish energy technology group Wärtsilä has signed an EPC contract for a 100 MW/100 MWh total capacity energy storage project in southeast Asia.




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BNEF: Energy to storage increase 122X by 2040

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.




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Fabric-based solar cells on the horizon

New textile-based solar cells developed by Fraunhofer researchers, semitrailers could soon be producing the electricity needed to power cooling systems or other onboard equipment. In short, textile-based solar cells could soon be adding a whole new dimension to photovoltaics, complementing the use of conventional silicon-based solar cells.




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648 MW of wind power capacity to be purchased by AES Colombia

This week, DNV GL said that it acted as a technical advisor to the energy company AES Colombia during its planned purchase of the Jemeiwaa Kai portfolio of wind power projects. DNV GL carried out an independent analysis of the La Guajira wind farms wind and power generation regime.





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Forecast shows continued decline for coal

The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.




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On the brink of blackouts, Texas makes case for power plant boom

It may be time to start building power plants in Texas again.




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London finds no easy answers after once-in-a-decade blackout

When two U.K. power plants shut down almost simultaneously in London’s first major blackout for a decade, it triggered a storm of questions about how to avoid another failure.




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Norwegian battery startup with $4.5B plan has vision for Nordic hub

Freyr AS, a startup planning to build one of Europe’s first battery gigafactories in Norway, has a bigger vision for the region: a “Nordic Battery Belt.”