News

UK’s ‘biggest solar park’ faces sunny future

What’s said to be the UK’s biggest solar photovoltaic (PV) array and storage park, has been given government approval. The Cleve Hill Solar Park, which is a joint venture between Hive Energy and Wirsol Energy, is located off the North Kent Coast. It will generate 50MW when complete. Alok Sharma, the Secretary of State for […]

Timber ETFs Grow on Recovering Lumber Demand

The timber industry and related exchange traded funds are gaining momentum as lumber futures climbed since the start of April on signs that the housing construction season may be recovered, along with greater demand from home improvement stores. Over the past month, the iShares Global Timber & Forestry ETF (NYSEArca: WOOD) increased 9.2% and Invesco […]

Bushfire protection focus to grow SA forestry industry

Boosting fire protection is among stacks of industry ideas to double South Australia’s log production. Calls for a state-wide audit and upgrade of South Australia’s fire tower network are among recommendations listed in a comprehensive forest industry report released yesterday. The state’s $2.3 million forest and wood products sector also urged the government to boost […]

Biofuel supplier secures HSBC funding

A South Yorkshire biofuel provider has secured funding from HSBC UK to enable it to supply NHS hospitals during the Covid-19 outbreak. Barnsley-based BioFuels & Oils supplies biofuel to power generators at NHS hospitals across the UK. The funding from HSBC UK will ensure the company can keep backup generators at hospitals fuelled with a […]

Another 500 MW of unsubsidized solar for Denmark

Denmark is showing the way ahead for climate protection in Europe. The nation’s center-left government decided at the end of last year, Danish CO2 emissions should fall 70% from their 1990 levels by 2030. Most of Denmark’s opposition parties have backed the idea. To hit that target, the government is betting mainly on offshore wind […]

Statkraft to buy power from 35-MW UK solar park

Norwegian state-owned utility Statkraft AS will procure all the electricity generated by a 35-MW solar farm in England under a new hybrid power purchase and optimisation agreement. The company announced it signed the power purchase agreement (PPA) with Warrington Renewables (York) Limited, which is wholly-owned by the owner of the plant — the Warrington Borough […]

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