• India Announces Record Coal Production

    • Date: 12/05/20
    • Deccan Herald

    India will produce a record 700 million tonnes of coal in the current fiscal ending March 2021, helping cut down on imports, Coal Secretary Anil Jain said. India produced 602.14 million tonnes of coal in 2019-20 fiscal, marginally lower than 606 million tonnes output in the previous year. Prime Minister Narendra Modi has set a […]

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  • Covid-19 Recovery: China Fires Up Coal Power Plant Construction

    • Date: 10/05/20
    • Nikkei Asian Review

    Surge in first-quarter approvals possibly related to COVID-19 outbreak China approved nearly 10 gigawatts of new coal-fired power generation projects in the first quarter, roughly equal to the amount approved for all of last year, amid a broader scramble to jump-start an economy hobbled by the COVID-19 epidemic. Investment in infrastructure like power generation has played […]

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  • Mexico Stops Renewable Energy Projects

    • Date: 09/05/20
    • OilPrice.com

    It sounds like a news report out of yet another dystopian novel: Mexico is halting grid connection for new solar and wind power projects. In a world rushing to produce clean energy, Mexico has suddenly stood out like a sore thumb. But, as usual, there’s more to the story. The country’s National Energy Control Center, […]

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  • Russia Boosts Coal Production: Will Be World’s Top Exporter Within Decade

    • Date: 02/05/20
    • Russia Today

    The world’s largest coal-producing country, Russia, plans to increase its output and exports over the next 15 years. Russia’s share of the global coal export market is projected to expand to 25 percent from the current 11 percent. According to a draft document on state strategy issued by Russia’s Ministry of Energy, production will grow to 448-530 million tons […]

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  • The Greens’ Favourite Climate Nation Fires Up Coal Power Plant Construction

    • Date: 29/04/20
    • Caixin Global

    China approved nearly 10 gigawatts (GW) of new coal-fired power generation capacity in this year’s first quarter, roughly equal to the amount approved for all of last year, amid a broader scramble to jumpstart an economic hobbled by the Covid-19 epidemic. Investment in infrastructure like power generation has played an important part in China’s rapid […]

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  • Post-Pandemic: Europe’s Choice Between Very Cheap Fossil Fuels & Expensive Renewables

    • Date: 29/04/20
    • Bloomberg

    Europe’s hopes that green power will soon beat out fossil-fuels on costs will fade unless governments implement shrewd policies to support renewable after the coronavirus crisis. Propped up over decades by hundreds of billions of euros of government subsidies, power from wind and solar was slated to undercut coal, and even natural gas as soon […]

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  • Renewable Energy Loses Steam As Asian Nations Scale Back Subsidies

    • Date: 26/04/20
    • Nikkei Asian Review

    TOKYO — Global capacity for renewable energy ended 17 years of growth in 2019, as Asian governments scaled back expensive subsidies designed to make their power grids greener. The trend could continue in 2020 as the coronavirus outbreak forces factory shutdowns for producers of the necessary equipment, delaying future green power projects and slowing the international shift […]

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  • China’s Missing Solar & Wind Finance For Overseas Energy Projects Revealed

    • Date: 23/04/20
    • Panda Paw Dragon Claw

    New paper sheds light on reasons behind the lack of renewable energy lending from China’s policy banks From 2000-2018 China’s two policy banks, the China Development Bank (CDB) and China Export Import Bank (CHEXIM), loaned over USD 251.3 billion to overseas energy sector projects. Of that finance, traditional energy sources such as coal and hydro dominated, […]

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