Ørsted to invest $30 billion in wind power, green development through 2025

first_imgØrsted to invest $30 billion in wind power, green development through 2025 FacebookTwitterLinkedInEmailPrint分享CNBC:Danish energy firm Ørsted has unveiled an “extensive investment program” that will see it invest around 200 billion Danish krone ($30.26 billion) in green energy between 2019 and 2025.Breaking the figures down, Ørsted said that investments in offshore wind farms were expected to make up 75 to 85 percent of the program, with onshore investments accounting for 15 to 20 percent. Bioenergy and customer solutions were expected to represent 0 to 5 percent of the spending.“Today, our portfolio consists of 11.9 GW (gigawatts) of offshore and onshore wind farms and biomass-fired combined heat and power plants that are either in production, under construction or have been given final investment decision,” Henrik Poulsen, Orsted’s CEO and president, said in a statement Wednesday.“Towards 2030, it’s our strategic ambition to reach an installed capacity of more than 30GW, provided that the build-out creates value for our shareholders,” Poulsen added. “As an important step, we’re raising our 2025 ambition for offshore wind from 11-12 GW to 15 GW.”Ørsted is a world leader in offshore wind. In September, the business officially opened the Walney Extension Offshore Wind Farm, the world’s largest operational offshore wind facility. Located in the Irish Sea, it has a total capacity of 659 megawatts and is capable of powering nearly 600,000 homes in the U.K. Ørsted owns 50 percent of the project, with Danish pension funds PFA and PKA owning 25 percent each.Europe as a whole is a major player in the offshore wind sector. It is home to more than 4,000 offshore wind turbines across 11 countries, according to trade body WindEurope. Thirteen new offshore wind farms were completed in 2017, including the world’s first floating offshore wind farm, Hywind Scotland, located 25 kilometers off the coast of Peterhead, Aberdeenshire.More: Ørsted outlines plans for $30 billion investment in green energylast_img read more

Lady Pirates Defeated By Ranked Lady Knights

first_imgThe Greensburg Lady Pirates traveled to EIAC foe and #16 class 2A ranked South Dearborn Thursday evening and lost 15-0.It took the host Lady Knights only 50 seconds to open the scoring as they slashed to 8 first half goals. Quick movement, cut-back dribbling, solid spacing and crossing runs, passes lead to success throughout the evening for the home squad. Despite the score, improvement was shown for the Lady Pirates as they forced 8 offsides calls and had better positioning on the evening. Emily Lowe made 19 saves in the contest and Abby Easley recorded the only shot of the evening while the Lady Knights had 45 total shots, 34 were on goal.In the JV half, the host squad won 4-0. The Lady Pirates will travel to Union County Saturday morning for a 10 AM kickoff.Courtesy of Pirates Coach Mike Myers.last_img read more

AFC unsure of Nagamootoo’s return as PM candidate

first_imgAs political parties kick into campaign mode, the Alliance For Change (AFC) is unsure whether Executive Member Moses Nagamootoo will return as its prime ministerial candidate for the upcoming General and Regional Elections, constitutionally due in March.This is according to AFC’s Chairman, Khemraj Ramjattan, at a press conference on Wednesday, when he told reporters that the party would be discussing this, among other issues, at its National Executive Committee (NEC) meeting this weekend.“We’re not there at this stage in relation to that. All of that will have to be decided at national congress,” Ramjattan said when he was asked whether NagamootooPrime Minister and AFC Executive Member Moses Nagamootoowould return alongside the presidential candidate of the A Partnership for National Unity (APNU)/AFC coalition at the upcoming polls.In accordance with the 2015 ‘sweetheart deal’ in the form of the Cummingsburg Accord between the two parties, the AFC will have the prime ministerial position while the presidential post goes to APNU if elected.On Monday, President Granger was endorsed by his party, the People’s National Congress Reform (PNCR), to run for a second term. In fact, the PNCR – the larger partner in the five-party APNU – officially threw its support behind its leader via a letter from General Secretary Amna Ally.In the letter, Ally noted that Granger was elected unopposed at the last congress as the party’s leader and he remained “capable, fit and proper” for a second term and on that basis the party endorsed his candidature.Last week, however, AFC Vice Chair Cathy Hughes had said that it was too soon for the party to say whether it would support Granger’s presidential candidateship.But Ramjattan told <<>> last Sunday that while this matter would be discussed at the upcoming NEC meeting, it was “likely” that the party would support Granger as presidential candidate.“I support him fully as presidential candidate, personally… [but] we haven’t gone there as a collective,” Ramjattan said. “We’re having our national executive [meeting] and certainly you’ll have me supporting him there… But, of course, I anticipate [there will be support for President Granger]. I don’t think of anybody else with the quality of statesmanship as him,” the AFC Chairman, also Public Security Minister, had asserted.President Granger was diagnosed in October with Non-Hodgkin Lymphoma and was receiving treatment in Cuba, which requires him to travel back and forth between the two countries. In fact, he returned to Guyana on Saturday evening after undergoing his fourth round of chemotherapy for Non-Hodgkin Lymphoma.Despite this, the Head of State has assured the Guyanese citizenry that he was getting better and a medical briefing from his doctors in Havana described his progress as “satisfactory and in conformity with their expectations”.Come February 14, the APNU and AFC will celebrate the fourth anniversary since signing the “lovers’ deal” that eventually got them into office back in 2015. However, the AFC, in recent years, has come under fire for the submissive role it has been playing since joining forces with APNU.In fact, the top leadership of the AFC had decided back in 2017 to revise its governing agreement with its majority coalition partner. The Cummingsburg Accord has a lifespan of a minimum of three years and maximum of five years, and was focused primarily on the General and Regional Elections. As such, the minority party in the coalition had contested the November 2018 Local Government Elections (LGE) separate from APNU after planned negotiations to craft another accord on local government fell through.At Wednesday’s press conference, however, Ramjattan said that while the 60-month Accord was still valid, it would, nevertheless, come up for discussion this weekend ahead of any further negotiation talks with its coalition partner.“…Indeed there might be need for further fine-tuning and in view of certain developments recently, I suppose there would be need for both sides to deal with major issues, especially in relation to preparations for the next elections,” AFC’s Chairman noted.Since the December 21, 2018 passage of the No-confidence motion with support from AFC’s former Member of Parliament Charrandas Persaud, several political commentators and stakeholders, including the People’s Progressive Party/Civic (PPP/C) Opposition, have been calling on the APNU/AFC Government to resign and call elections, which, according to Article 106 (7), should be held within three months. This means elections should be held by March 21 this year.last_img read more

Freshman Aubrie Hall scores game-winner, Fortuna holds off St. Helena in NCS quarterfinals

first_imgFortuna >> You needed more than just a couple of spare hands to count up the goal scoring opportunities the Fortuna girls soccer team generated Saturday night.The only thing was that they were going just about every direction other than into the back of the net — high, wide, off the post, saved by the opposing goalkeeper.Luckily, with the clock winding down, one of the Huskies’ youngsters prevented frustration from boiling over.Freshman midfielder Aubrie Hall’s putback into a wide-open net …last_img read more

Audi e-tron SUV unveiled, to launch in India by 2019

first_imgAudi India is planning to launch their first electric Sports Utility Vehicle e-Tron in India by 2019. Finally taking the wraps off, the e-Tron is Audi’s first fully electric SUV and was revealed at the 2018 Audi Global Summit which was held in San Francisco. The electric SUV is slated to go on sale by the end of September 2018 with deliveries commencing by the end of this year. The e-Tron SUV has been priced at 79,000 EUR (Rs 67 lakh approx). Audi will be bringing in the e-Tron to the Indian market by the end of next year.The e-Tron SUV from Audi gets typical Audi styled SUV design language. With a sloping roofline to keep the idea of a sporty coupe-like styling on an SUV, the tail lamps are distinguished from other Audi models with the presence of a single LED line which runs across the entire back, from one tail lamp to another. The rear overhang is no much pronounced by it does have an Audi Q5 vibe to it.The front is characteristically Audi. Starting from the hexagonal signature grille with active flaps, and the undercut headlamps with sharper looking DRLs.The e-Tron SUV is powered by two electric motors placed on each axle. The one on the front makes 125 kW while the rear motor churns out 140 kW, which means a total combined output of 265 kW or 355bhp. Peak torque output figure is 561Nm. The SUV also gets boost mode which bumps up the power output o 408bhp. The e-Tron SUV gets a range of 400km on a single charge (WLTP Cycle) with a top speed of 200kmph. The SUV can sprint from zero to 100kmph in 6.6 seconds in normal mode and do the same in 5.7 seconds in boost mode.advertisementlast_img read more

JCDC Hosts Activities to Honour Miss Lou on 94th Birthday Anniversary

first_imgStory Highlights The activities begin this Saturday, September 7, at the Louise Bennett Garden Theatre JCDC will be staging a series of activities in September to mark the 94th anniversary of, the Hon. Louise Bennett-Coverley JCDC parish offices island-wide will also be organising activities to honour Miss Lou The Jamaica Cultural Development Commission (JCDC) will be staging a series of activities in September to mark the 94th anniversary of the birth of late cultural icon, the Hon. Louise Bennett-Coverley.The activities, which will focus on her life and work, begin this Saturday, September 7, at the Louise Bennett Garden Theatre, 36 Hope Road in Kingston, with an exhibition and multimedia presentation at 2:00 p.m.This will be followed by a concert at 4:00 p.m. branded “Tenky Miss Lou” featuring her songs and poems, as performed by school, community and youth groups from the JCDC’s performing arts programme.At 6:00 p.m. on the same day, there will be a Cultural Dialogue under the theme, “Jamaica Labrish: 50 years on”. The main participants will be Veteran Journalist Dr. the Hon. Barbara Gloudon, interim Chairman of the JCDC’s Board, Dr. Dennis Howard, and JCDC Board member, Clyde McKenzie.Director, Marketing and Public Relations, JCDC, Stephen Davidson, told JIS that the Dialogue Cultural forms part of a series organised by the JCDC to mark its 50th anniversary celebrations. The aim is to increase awareness of the contributions of some of Jamaica’s leading icons to the country’s rich cultural heritage and national development as well as “to look at how their contributions can help us move forward in the next 50 years,” he informed.Mr. Davidson is urging young people to attend the Dialogue so as to familiarise themselves with the life and work of Miss Lou, noting that she was one of the most outstanding persons in the development and showcasing of Jamaica’s culture.“It is significant for us to participate in these events and for us to honour her memory because she is the first lady of Jamaican comedy and we can say the mother of our culture,” Mr. Davidson pointed out.He noted that Miss Lou pioneered the use of the Jamaican patois in live appearances on stage, radio, television and films as well as in printed literature. “It is good for us to remember and to look back at the things she has done and how she lived her life,” he said.Mr. Davidson told JIS News that the JCDC parish offices island-wide will also be organising activities to honour Miss Lou. Some of these will include exhibitions at parish libraries, concerts and tributes, essay and poetry competitions, and panel discussions.“So, throughout the month of September, persons can visit their parish libraries to look at the exhibitions and learn more about the life and work of Miss Lou and participate in the competitions as well as to listen to some of her poems, (performed) by young people,” he said.last_img read more

RBI admits growth slowdown places forecast lower at 69

first_imgMumbai: With the headwinds to growth rising from all around, Reserve Bank governor Shaktikanta Das Wednesday admitted the economy is in a slowdown mode, but termed it as cyclical and not structural one, and exuded confidence growth will pick up the momentum fast.The admission of the rising headwinds to growth led the monetary authority to slash the lending rates by an unprecedented 35 bps to 5.40 percent in the fourth successive rate reductions since he assumed power in December. Also Read – Thermal coal import may surpass 200 MT this fiscalNone of the macro-indicators have been promising since the past many months-plunging auto sales which hit a 20-year low in July, plummeting IIP growth which hit a 57-month low in June, falling exports and the continuing bloodbath in the markets, coupled with trade wars and increasing challenges to global economy all point to the gathering clouds. The statement also comes amid many key personalities, including engineering giant Larsen & Toubro chairman AM Naik expressing concerns on the growth front. “Our understanding is that at this point, it is perhaps a cyclical slowdown, not really a deep structural one. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostNonetheless, we have to recognise that there is room for certain structural reforms to be undertaken,” Das told reporters at the customary post-policy presser. He, however, exuded confidence that growth numbers will move up faster going ahead driven by the measures being taken by the government and the central bank, and partly due to the base effect. Based on his interactions, Das said the government is planning more measures to revive growth, and also pointed out to finance minister Nirmala Sitharaman’s statements on sector-specific booster doses on the anvil. Attributing the slowdown to both demand as well as investment slowdown, Das said, “both demand and investment put together are having a dampening effect on growth.” The RBI itself has reduced its growth estimate downwards to 6.9 percent for FY20 from 7 percent it had projected in the June policy. At present, Das said both urban and rural demand has been hit which is evident in the slowdown in sales of two- wheelers and tractors in rural areas and passenger cars in cities. However, he said RBI is hopeful of a revival and pointed out to the estimate of the growth number hitting 7.5 percent in the last quarter of the fiscal.last_img read more

No bail Extradition papers to be prepared

first_img ‘Political Corruption & Financial Greed’ cited as reason for SIPT trials by Mitchell Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Related Items:bail, clayton greene, David smith, extradition, joanne melonche, ponzi shceme Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 26 Jan 2015 – David Smith did not get bail, nor did he have the extradition order denied or waived by Magistrate Clifton Warner this morning in court. It was a disappointing, but not unexpected turn of events for Smith’s legal team which is usually headed by attorney Oliver Smith, but today making a case on David Smith’s behalf was Clayton Greene also of Stanfield Greene Attorney at Law. Greene argued that David Smith is not ‘unlawfully at large’ in the TCI as his release to the Turks and Caicos to serve a six and a half year sentence was sanctioned by the United States; he disagreed with the Director of Public Prosecutions Joanne Meloche that Smith is a fugitive. The Magistrate was unprepared and unable to interpret the true intent of the plea agreement between Smith and the US and ruled for the United States to file extradition papers within the standard 28 days; this gives the US a deadline of February 23rd. An extension on this time can be had if necessary; up to 60 days. DPP Meloche pointed out in her argument that Smith signed the plea agreement which said he would not fight extradition; and that all he has been doing is fighting going back to the US to serve a 30 year sentence handed down in 2011. Clayton Greene argues that David Smith believes the plea agreement has not been fulfilled by the US; that he has cooperated and wants to see his sentence there commuted or reduced. David Smith was sentenced by the Middle District court of Florida to 30 years for a Ponzi Scheme; and that said Magistrate Warner is the big difference in this case. The fact that David Smith is already convicted and sentenced. It is the reason the Magistrate also denied Smith bail where terms could have been twice daily check in with police, continuing without his passport and house arrest. Greene failed to convince the judge that David Smith was a flight risk; the DPP on behalf of the US Attorney General’s Office was adamant that he was… bail was denied and David Smith will remain in police custody. An apprehensive and involved David Smith was in the court; after the decision by Warner he was seen holding hands and talking with his wife who was also there for the proceeding. The David Smith legal team is not out of plays though; an application will now be filed to move the case to the Supreme Court. Bahamas Police revoke bail for some, 268 being monitored SIPT Opening Statement brings anticipation for evidence, Proceedings resume todaylast_img read more

Mbappe De Jong would be an enormous signing for PSG

first_imgKylian Mbappe hopes to see Frenkie de Jong join him at Paris Saint-Germain in the near future after confessing his admiration for his fellow young starThe 21-year-old midfielder impressive performances for Ajax led him to receive a call-up to the Netherlands team in September.Aside from that, De Jong has gathered plenty of admirers across all of Europe with Barcelona and Manchester City leading the chase for his services.But PSG could now be another possible destination for De Jong with Mbappe a fan of his after witnessing him in action for Holland in the UEFA Nations League.De Jong started both times in Holland’s games against world champions France with the Dutch overcoming a 2-1 defeat to win the return fixture 2-0 last month.Neymar responds to PSG criticism with a stunning winner Tomás Pavel Ibarra Meda – September 14, 2019 Despite all the backlash he got today at Parc des Princes, Neymar responded by scoring a stunning winner vs Strasbourg.We all knew that Neymar’s…Now Mbappe believes that De Jong’s excellent passing range along with his break-up play will prove to be a useful asset for PSG.“He is a player who really impressed me during our two matches with the Netherlands,” Mbappe told France Football.“His vision and the quality of his passing that breaks the lines make him very valuable, especially because he also intercepts a considerable amount of balls.“Honestly, he is very welcome in Paris! I said to him as much, because he would be enormous for us. After that, he will make his own choice.”De Jong has made 12 appearances for Ajax in the Eredivisie this season.last_img read more