Gazprom has begun construction in Siberia of a liquefied natural gas plant to be extracted from coal seams – the first facility of its kind in Russia – in the Naryksko-Ostashkinsky methane-coal deposit in Kemerovo region.
A New York developer, Workforce Housing Group, secured a $500,000 low-interest loan from New York Green Bank to instal solar panels on 18 of its buildings in three districts of the Borough of Brooklyn — Crown Heights, Bedford-Stuyvesant and East New York, the website the Real Deal reported.
China has brought on stream the world’s seventh largest hydroelectric station – the Wudongde station on the Yangtze River is now operating at full capacity.
It now appears that shale oil projects in the United States have found the “happy medium” between the need to invest in drilling and excessive costs. Bloomberg Intelligence estimates that this year shale oil production is about to generate more than $30 billion of free cash this year, a record, according to Bloomberg Intelligence.
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