• High electricity cost drives German high-tech industry to Asia

    • Date: 23/02/21
    • GWPF, Handelsblatt & Clean Energy Wire

    Siltronic, one of the world’s leading chip makers, is moving Germany’s top high-tech company to Asia. Siltronic boss Christoph von Plotho blames Germany’s high energy costs for the decision: “The high electricity price makes the location unattractive,” he said in an interview with the Handelsblatt. His company pays “less than half the electricity price” in […]

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  • Profit warning as Texas freeze halts wind farms

    • Date: 19/02/21
    • Reuters

    Reuters – Freezing temperatures hitting Texas have put onshore wind farms out of service and forced operator RWE to buy electricity at sky-rocketing prices, it said on Friday, warning of a knock on earnings this year. Germany’s largest power producer said the crisis would mean a low- to mid-triple-digit million euro hit to core earnings […]

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  • Crazy greens: Germany alarmed about Poland’s zero-emissions nuclear energy plans

    • Date: 18/02/21
    • Deutsche Welle

    The Polish government wants to start producing nuclear energy in 2033 and has agreed to deals with the US and France. But Germany is increasingly alarmed by its neighbor’s energy plans. Poland is working towards reducing its dependence on coal and forging ahead with plans to start producing nuclear energy. Its Polityka Energetczna Polski (PEP) strategy, […]

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  • Coal rescues Germany from its renewable energy folly

    • Date: 17/02/21
    • Institute for Energy Research

    Germany had to turn to coal this past winter when freezing temperatures made its solar and wind units inoperable and it plans to import from neighboring countries to back-up its renewable electricity in the future. Germany’s millions of solar panels are blanketed in snow and ice and its 30,000 wind turbines are doing nothing as […]

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  • World’s ‘solar and wind capital’ freezing due to snow ‘blanketing millions’ of solar panels

    • Date: 15/02/21
    • Sky News Australia

    Germany is held up as the world’s solar and wind capital by “renewables luvvies” but Germans are freezing through winter due to “millions of solar panels blanketed in snow” and turbines sitting idle, according to Rowan Dean. “Germany’s long been held up by the likes of these renewable luvvies, they say Germany’s the world’s great […]

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  • Himalayan flood disaster exposes risks of India’s rush for green energy

    • Date: 13/02/21
    • The Times

    India has built hundreds of dams and hydroelectric plants along its Himalayan rivers to conserve water supplies and build renewable energy sources. This has destabilised the ecosystem. A reckless dash for cheap green energy or the threat of climate change are not at the forefront of rescuers’ thoughts as they search for survivors after a […]

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  • India to see record wheat harvest in 2021-22

    • Date: 12/02/21
    • S&P Global/Platts

    New Delhi — India is heading for its largest wheat harvest on record in 2021-22 (April-March) amid recently brightened prospects for higher exports in the current marketing season that ends on March 31. India’s 2020-21 wheat harvest is expected to hit a record 107.6 million mt, and a record planting and favorable weather conditions have fueled […]

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  • China calls for EU autonomy as Western alliance disintegrates

    • Date: 09/02/21
    • Politico

    Chinese Foreign Minister Wang Yi on Monday called on the EU to act “independently and autonomously,” a day after U.S. President Joe Biden vowed to confront Beijing with “extreme competition.” Wang made the remarks in a video meeting with EU foreign policy chief Josep Borrell, who told his Chinese counterpart that the EU had “strong bonds” with […]

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