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Philippines sets June auction for new 11,600 MW renewables capacity - Vimarsana News

Philippines sets June auction for new 11,600 MW renewables capacity

The Philippines will in June auction rights to build up to 11,600 megawatts of new power capacity from renewable sources in the next three years, the Department of Energy said, as it seeks to gradually reduce its reliance on coal.

US to detail plan to draw clean energy into oil, coal communities - Vimarsana News

US to detail plan to draw clean energy into oil, coal communities

The Biden administration on Tuesday will release final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal.

Australia critical mineral export revenue to match coal by 2028 - govt report - Vimarsana News

Australia critical mineral export revenue to match coal by 2028 - govt report

Revenue from Australia's exports of critical minerals like lithium and nickel will nearly equal the current second-biggest export earner coal by 2028 as the global energy transition gathers pace, the government said in an update of its five-year outlook.

Canada's Teck Resources rejects $22.5 bln takeover bid from Glencore - Vimarsana News

Canada's Teck Resources rejects $22.5 bln takeover bid from Glencore

Teck Resources Ltd on Monday rejected an unsolicited $22.5 billion bid from Swiss mining and trading company Glencore Plc , sending the U.S.-listed shares of the Canadian copper miner up about 10% in premarket trading.

Republican energy bill passes U.S. House, sends to Senate - Vimarsana News

Republican energy bill passes U.S. House, sends to Senate

The U.S. House of Representatives on Thursday passed a Republican energy reform bill intended to bolster U.S. oil and gas production while scaling back climate initiatives, the first major legislation of House Speaker Kevin McCarthy's majority.