Timothy Gardner
(Adds Granholm comments from hearing)
WASHINGTON, Jan 27 (Reuters) - U.S. President Joe Biden’s nominee for energy secretary, Jennifer Granholm, faced questions on the administration’s push on clean energy, including competing with China on electric vehicles, at her Senate confirmation hearing on Wednesday.
While governor of auto-manufacturing Michigan from 2003 to 2011, Granholm led a charge to secure $1.35 billion in federal funding for companies to produce electric vehicles (EVs) and batteries in the state.
Granholm, 61, who is expected to be confirmed by the Senate in days after the hearing, wants to steer the department to help the United States compete with China on EVs and green technologies like advanced batteries and solar and wind power.
路透新闻部
(Adds detail, CEO quote)
Jan 26 (Reuters) - French renewables company Voltalia SA on Tuesday reported its highest quarterly sales ever, a 65% jump at constant currency, boosted by new wind and solar plants.
Voltalia, which sells electricity produced from wind, solar, hydraulic and biomass facilities across some 20 countries, posted a fourth-quarter revenue of 89.6 million euros ($108.96 million), bringing its 2020 figure to 239.6 million, up 57% at constant currency from the previous year.
“We are ending the year 2020 on our highest quarter ever,” said the firm’s chief executive, Sebastien Clerc, in a statement, flagging power purchase agreements set to further spur momentum.
“This very strong growth has been accompanied with a diversification of our activity both geographically and technologically,” he added.
A consortium of four Dutch companies, including Heineken and Philips, said on Monday they have signed a 10-year contract to purchase 330 gigawatt-hours (GWh) of power annually from a wind farm being built in Finland.
The German spot electricity price for Tuesday delivery slid due to a projected increase in power generation from German wind turbines, while the French price rose slightly on a colder temperature forecast.
By Reuters Staff
2 Min Read
OTTAWA, Dec 17 (Reuters) - Canada on Thursday temporarily waived a C$844 million ($664 million) debt payment for the construction of Newfoundland and Labrador’s Muskrat Falls hydroelectric power plant, bailing out a troubled project in a province already laden with debt.
Since the announcement of the project in 2010, Canada has guaranteed a total of C$7.9 billion in debt for the project, which has faced major cost over-runs and now represents a large portion of the remote and sparsely-populated Atlantic province’s overall debt.
BMO Capital Markets estimates Newfoundland’s net debt as a share of gross domestic product will rise to 55.6% in 2020-21 from 42.1% in 2019-20, the highest among the ten provinces.