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Enel teams up with Norwegian Investment Fund to develop renewable energy projects in India

Enel teams up with Norwegian Investment Fund to develop renewable energy projects in India

first_imgEnel teams up with Norwegian Investment Fund to develop renewable energy projects in India FacebookTwitterLinkedInEmailPrint分享PV Magazine:With British fossil fuel giant BP having committed to invest in Indian renewables, another signal the nation’s solar market is ready to attract big foreign investment has arrived with a statement of intent from Italian utility Enel.Italy’s biggest power company already owns and operates 172 MW of wind generation capacity in Gujarat and Maharashtra and landed its first solar project in the country with a 300 MW slice of the latest round of the national tender program conducted by the Solar Energy Corporation of India (SECI). With Spanish developer Solarpack having set a new record low price for Indian solar of Rs2.36/kWh in that procurement exercise, Enel was among five overseas-financed developers to lodge successful bids in a 2 GW tender which set a maximum solar tariff of Rs2.38.The utility, in which the Italian Ministry of Economy and Finance holds a controlling stake, yesterday announced it has signed a long-term agreement with the state-owned Norwegian Investment Fund (Norfund) to develop more renewables capacity in India.Under the terms of the agreement, the Enel Green Power India subsidiary of the power company will develop clean energy projects in which Norfund will have the option of investing in return for an equity share. A press release issued by Enel yesterday to announce the arrangement did not set any capacity targets or specify a timeline for the commitment, however.“This agreement gives us the opportunity to expand and strengthen our presence in India, after recently scoring our first win in a solar tender in the country,” said Antonio Cammisecra, CEO of the utility’s Enel Green Power division. “By joining forces with an important partner such as Norfund, which shares our commitment towards sustainability and decarbonization, we will leverage on our technical expertise to harness the significant renewable growth potential of India, while contributing to the achievement of the country’s sustainable energy targets.”Historically-low interest rates set by central banks in Europe and the U.S. have been further depressed by the need to drum up investment to aid the recovery from Covid-19 in many nations. With solar developers from France and Germany among the successful bidders in the recent SECI tender – and two of the three Indian bids backed by U.S. private and U.K. public money – it appears the business case for Indian solar may have reached a level sufficient to unlock big volumes of foreign direct investment as the nation chases an increasingly distant-looking 100 GW of solar generation capacity by 2022.[Max Hall]More: Enel joins the Indian solar gold rushlast_img read more

Trees relocated to Jakarta international stadium as construction continues

Trees relocated to Jakarta international stadium as construction continues

first_imgCity-owned developer PT Jakarta Propertindo (Jakpro), which oversees the development of Jakarta International Stadium (JIS) in North Jakarta, has started to relocate hundreds of trees from nearby BMW park as part of the construction process.At least 382 trees will be moved out into the stadium. Another 1,167 trees are also set to be planted in the 26-hectare area.”The relocation and the planting of trees in the facility will create more green area in North Jakarta,” JIS project director Iwan Takwin said Monday, adding that the process would be carried out in several stages. Jakpro, Iwan said, used the “earth-balling” method to relocate the trees by digging out the soil and the roots in a circular shape to make sure that most of the root system remained undisturbed and intact. This will make it easier for the trees to adjust to a new location.Read also: City continues Jakarta stadium construction amid unfinished legal matters”The sustainability of the ecosystem around the project, including trees, has become our priority,” he added.Jakpro corporate secretary Hani Sumarno said the process could take up to two months to complete. “It could take longer if the weather is bad,” Hani said as quoted by kompas.com.The planned modern stadium of international standard, which is expected to have a capacity of 82,000 people, will serve as the headquarters of Jakarta soccer club Persija, besides serving various other purposes.The project costs Rp 5 trillion (US$344 million), and is expected to be completed by the end of October 2021. (vny)Topics :last_img read more

2014 Batesville Area Deanery Tourney Pairings

2014 Batesville Area Deanery Tourney Pairings

first_imgThe 2014 Batesville Area Deanery Tournament pairings have been released.The 1st Round Games will be taking place at St. Louis Church-Batesville and Holy Family Church-Oldenburg.The Batesville Bracket Games will start on Sunday (1-19) at 1 PM with St. Martin’s/St. Paul’s battling St. Maurice followed by St. Louis-2 vs. St. Michael’s-2.The Oldenburg Bracket Games will also start Sunday (1-19) at 1 with St. Mary’s taking on St. John’s-1 followed by Holy Family-2 squaring off against St. John’s-2.St. Louis-1 and St. Michael’s-1 received byes for the St. Louis Bracket while Holy Family-1 and St. Joseph’s/St. Peter’s got the byes for the Oldenburg Bracket.2014 Batesville CYO Deanery Tourney Bracketslast_img

Marathon runner returns to reformed Ethiopia after exile

Marathon runner returns to reformed Ethiopia after exile

first_imgEthiopia this week unveiled a new 20-member cabinet featuring 10 women, becoming one of only a handful of nations to achieve gender parity in government.Since coming to power Abiy’s measures have included ending two decades of conflict with neighbouring Eritrea, releasing jailed dissidents, welcoming formerly banned groups back into the country and announcing plans to privatise major state-owned industries.#Feyisa_Lilesa, respect earned not begged! You inspired generations of children and athletes and won you the hearts and minds of the Oromo Nation and the world! Thank you FM #Workneh_Gebeyehu for showing respect for this true Oromo patriot! pic.twitter.com/88UzVLcQIQ— Moa Abagodu (@Moa_Abagodu) October 21, 2018Share on: WhatsApp Addis Ababa, Ethiopia | AFP | After two years of political exile that began at the Rio Olympic Games marathon finish line the athlete Feyisa Lilesa returned home to Ethiopia on Sunday saying the African nation was now a freer place.Lilesa, now 28, won the silver medal at Rio but his anti-government protest — holding his wrists together in imaginary handcuffs in front of television cameras — against the former hard-line regime led him to remain in exile, choosing Flagstaff, Arizona, as his temporary haven.But on Sunday he was met at the airport by the country’s Foreign Minister Workneh Gebeyehu and other dignitaries in the government of reformist Prime Minister Abiy Ahmed who came to power in April.“There is quite a change in the country, now people can freely express their opinions and condemn the government freely,” Lilesa told reporters in the Ethiopian capital Addis Ababa.“My sympathy goes out to martyrs that sacrificed lives and gave the freedom to come to my country and join my family. They faced the dark and became a light for us,” said a visibly emotional Lilesa.“I want to come back to my previous performance. I have a big hope to score a good result for my country and myself,” Lilesa said.last_img read more

Adopt-A-Pet Dog of the Week

Adopt-A-Pet Dog of the Week

first_imgFacebook130Tweet0Pin0 Submitted by Adopt-A-Pet of SheltonAdopt-A-Pet of Shelton’s dog of the week is Henry.Henry is a 14 month old German Shepherd mix. He’s like a sponge, just waiting to soak up everything you have to teach him. Henry lived in a home with mature owners and will do best in a new home with calm, loving, confident owners who understand the breed and who can help him continue to grow and become a confident, happy boy.Henry has never been around other dogs , cats or kids. Henry is a beautiful dog who is a little shy at first but you will quickly discover what a nice boy he really is.We have lots of great dogs and always need volunteers to help them.  Visit our website at www.adoptapet-wa.org or contact Adopt-A-Pet, on Jensen Road in Shelton, at [email protected] or (360) 432-3091.  Join us on Facebook at “Adopt-A-Pet of Shelton Washington”.last_img read more