Posts From King World News

Canadian pipeline company Enbridge buys stake in UK wind farm

(Reuters) – Enbridge Inc , Canada’s largest pipeline company, said it had bought a 24.9 percent stake in an offshore wind energy project in the United Kingdom for C$750 million ($570 million). The Rampion project located off the UK Sussex coast is being constructed by a unit of utility company E.ON SE , which owns a 50.1 percent stake in the 400 megawatt (MW) project. UK Green Investment Bank Plc

Ukraine clears path for Chinese solar energy purchases

KIEV (Reuters) – A Ukrainian government committee has granted permission for China’s state-run corporation CNBM to buy 10 Ukrainian solar units through shares in the plants, it said in a statement on Thursday. The plants, in the southern Ukrainian Odessa and Mykolayiv regions, were built by Activ Solar firm. The share of electricity produced from renewable energy sources in Ukraine accounts for about 1.3 percent of the total, according to