Prince Charles: rewire the global economy

Prince Charles has said that “profound changes” to the global economic system are needed in order to avert environmental catastrophe, in an uncompromising speech delivered in front of an audience of senior business leaders and politicians, reports the Guardian. The heir to the throne – often criticised for his meddling in political affairs – argued that ending the taxpayer subsidies enjoyed by coal, oil and gas companies could reduce the carbon emissions driving climate change by an estimated 13%.

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RWE lines up Galloper partners

RWE Innogy has lined up Siemens and the UK Green Investment bank to partner on the £1.54bn, 340MW Galloper offshore wind farm in the UK, reports reNews. A final deal is thought to be imminent with the group also seeking £425m from the European Investment Bank. RWE is expected to remain the largest partner in the project and financial close is expected in the second half of this year.

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Siemens 1.2GW monster order

Dong has selected Siemens to supply 7MW turbines for the 1.2GW Hornsea 1 offshore wind farm in England, reports reNews. The company will use up to 171 of the next-generation machines at what will be the world’s largest wind farm project. Delivery from the preferred supplier is subject to contract signing and Dong making a final investment decision, which is expected in the second half of 2016.

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Britain breaks solar power record

Solar power is supplying 16% of the UK’s electricity demand this afternoon (3 July) as the country basks in sunshine, the industry estimates, reports The Guardian. The news comes as solar-powered homes, commercial rooftop schemes and solar farms open to the public on Friday and Saturday as part of “solar independence day”.

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Offshore wind & RE opportunities in France

Join UK Trade & Investment (UKTI) France’s free webinar on 22 July for an invaluable insight into the French Offshore Wind & Renewables sectors and business opportunities for UK companies. This webinar is targeted at UK businesses wishing to build up their awareness of the French offshore wind sector.

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Irena reports on island nations’ RE needs

Three reports published on Thursday by the Abu Dhabi-based International Renewable Energy Agency (Irena) said that developing the renewable energy resources of Fiji, the Marshall Islands and Vanuatu, would benefit their residents significantly, reports The National. The assessments for the three island nations found a combination of solar, wind, geothermal, marine, biomass and biofuel could meet domestic energy needs while decreasing electricity costs.

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Offshore wind trade, investment opportunities

‘UK Offshore Wind: Opportunities for trade and investment’ is a guide to UK offshore wind, aimed at investors who are considering entering the sector and suppliers looking to export from the UK. It provides core information that will help build understanding and evaluate opportunities in this dynamic area of technological, manufacturing and infrastructure development. The document is supported by UKTI – UK Trade & Investment, The Crown Estate, the Offshore Wind Programme Board, the Green Investment Bank and RenewableUK.

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Envision enters European market

Envision Energy has acquired a 25MW onshore Swedish farm located just outside of Eskilstuna in what it says is “just the start” of its European investment plans, reports reNews. The Chinese company said construction of the Kafjärden wind project will be “accelerated immediately” with a target start for commercial operation slated for September 2016. The project will feature Envision’s smart wind turbines and is the largest Chinese wind farm investment to date in Sweden.

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More wind turbines approved at Crystal Rig

A Scottish Government decision to allow six more turbines to be added to Crystal Rig wind farm has been described as disappointing by the depute leader of East Lothian Council, reports the East Lothian Council.

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Canada funds Fundy tidal energy mapping

The Government of Canada has announced an investment of $65,000, through the Atlantic Canada Opportunities Agency’s (ACOA) Innovative Communities Fund (ICF), in support of a new geographic information system (GIS) mapping platform for Bay of Fundy, reports OffshoreWind.biz.

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