FacebookTwitterLinkedInEmailPrint分享PV Tech:Norwegian renewables giant Statkraft is to acquire UK-headquartered solar developer Solarcentury, taking on a 6GW global portfolio in doing so.The deal, struck at a purchase price of £117.7 million, will see Statkraft take on a pipeline of utility-scale solar projects in markets including Spain, Chile, Italy, Greece, France, the Netherlands and the UK.Statkraft has maintained a target of developing at least 8GW of wind and solar by 2025, and the company said the acquisition – which also marked the renewables giant’s “renewed commitment to solar power” – will also play a major role in reaching that target.The company also added that Solarcentury’s geographical footprint matched that of Statkraft’s existing development portfolio and market operations. Furthermore, Statkraft said the deal would make the company a leading developer within Europe’s solar market, with the potential to become world-leading.Under the terms of the deal, Statkraft is to acquire 100% of shares in Solarcentury Holdings and its subsidiaries, buying out existing shareholders including Scottish Equity Partners, VantagePoint Capital Partners, Zouk Capital and Grupo Ecos. The deal remains subject to regulatory and competition approvals but is expected to be completed by the end of the year.[Liam Stoker]More: Statkraft to acquire Solarcentury, adding 6GW to global solar portfolio Norway’s Statkraft buys Solarcentury and company’s 6GW project portfolio
Amazingly, it has taken us more than four years to get here. Perhaps even more amazingly, the QE has arrived long after the apparent crisis point for the euro-zone has passed – the hair-raising weeks of 2012 when Greece looked to be on its way out of the single currency and peripheral bond yields were rocketing skywards. Today, Spain’s 10-year bonds barely yield 1.5%, and the euro has weakened enough to generate a healthy current account balance.The ultimate and most politically controversial of emergency monetary measures comes not in response to impending crisis but in pursuit of the central bank’s core mandate of price stability. Some have said today’s decision is the logical conclusion of current president Mario Draghi’s promise, at the height of the crisis, to do “whatever it takes” to preserve the single currency’s integrity. But, in fact, it is simply the logical and possibly the only way the ECB can pursue its core mandate as deflation takes hold and its interest rates bump up against the zero bound. (While the Swiss National Bank has recently shown a possible way forward into the strange world of deeply negative rates, it is notable the ECB kept all of its rates unchanged today).Does deflation represent a threat to the integrity of the single currency? Given the indebtedness of some members, it certainly could, if left to fester, Japan-like, for a long time. Does the market anticipate such an outcome? Looking at the way it has been pricing things over recent weeks, one would have to conclude that it does.Not only have bond yields and inflation breakevens been plummeting – while the oil price has halved, gold has been getting a bid for the first time in ages, which suggests investors have started thinking about it as a currency without a counterparty again, rather than just another commodity, and are no longer turned off by the thought of holding an asset that generates zero income.This is why the way markets responded to today’s news is so important. The central bank came out with a slightly stronger package than expected, and all of the pro-QE plays that had been selling-off over the last couple of days caught a bid: yields were back down, slightly, and the euro sold off modestly. Gold headed back through $1,300/oz. It was looking like we would get a classic case of buying the rumour and selling the news – which, by the way, is precisely what we saw around the QE decisions from the Bank of England and the US Federal Reserve. That would have been a comforting sign that a lot of the positioning taken up over the past month or so has been technically rather than fundamentally driven: speculators on the margins making sure they caught the up-draught into the increasingly inevitable ECB QE decision, rather than hunkering down for a long haul of falling consumer prices and stagnating growth.Should we revisit that thesis in the light of today’s moves? Not necessarily. The modestness of those moves suggests they are not reflective of market disappointment but rather of appreciation that the central bank really is serious this time. The open-ended nature of the programme Draghi described in the press conference was notable, for example. The response of stock markets back this interpretation up.It’s early days, but if this more optimistic take on things sticks over the next days and weeks, we could be seeing the beginnings of what could be a powerful bull market in European risk assets – but perhaps not the long-overdue and much-needed correction in safe-haven rates. IPE’s Martin Steward analyses today’s long-awaited European Central Bank announcement“We are not running money printing presses,” said the president of the ECB.That was in the early summer of 2010, the man in charge was Jean-Claude Trichet, and he was reassuring French radio listeners that the recent decision to begin sterilised secondary-market purchases of private and government bonds was not the prelude to US and UK-style QE. He needed to do so because the central bank was running desperately low on credibility. Days earlier, Trichet had insisted this big step had not even been discussed; and the ECB had previously broken its promise that “no state can expect special treatment” on collateral eligibility requirements in order to try and get on top of the worsening Greek debt crisis.In my opinion column for IPE at the time, I made the fairly unsophisticated argument that the losses of the financial crisis were in the process of being socialised through the ECB, and that this would happen either through defaults on debts that were now held at the ECB, or through the soft default of “runaway inflation” as the euro was trashed with a massive programme of all-out QE.
Neptune Energy and its licence partners have submitted the ‘Decision to Continue’ report for the Cara project to the Norwegian Ministry of Petroleum and Energy. The licence partnership will now progress its technical and economic plan before making a final investment decision early in 2019.Based on the proposed plan, hydrocarbons from the Cara reservoir will be developed with a four-slot subsea template tied back to the Neptune Energy-operated Gjøa platform for processing and export. Gjøa will also provide gas lift to the field. A tieback to existing infrastructure will ensure that maximum value from the field is unlocked.The Cara field is located six kilometers northeast of the Gjøa field and about 60 kilometers of mainland Florø. Cara is expected to yield between 56-94 million barrels of oil equivalent, in the range of 9-15 million standard cubic meters (MSm3).Anne Botne, country director for Neptune Energy in Norway, said: “Moving into the next phase of the plan is a signal that Neptune Energy is committed to Norway in the long-term. This is our second operated development project on the Norwegian Continental Shelf after Fenja in the Norwegian Sea, and we are using our experience and resources to calibrate the concept for Cara.“We have selected the most economically robust solution for the field and will now work closely with our partners in the coming months to design a plan that will take Cara forward.”Several studies will now be completed before the final investment decision and the plan for development and operation (PDO) can be submitted to the Norwegian Ministry of Petroleum and Energy in the first quarter of 2019.Cara was discovered in 2016 and is situated in PL636 in the Norwegian North Sea. The discovery well, 36/7-4, was drilled by Transocean Arctic and proved oil and gas in Agat formation. License partners in PL 636 are Neptune Energy (30 per cent and Operator), Idemitsu Petroleum Norge AS (30 per cent), Pandion Energy AS (20 per cent) and Wellesley Petroleum AS (20 per cent).
Loading… Promoted ContentWhich Country Is The Most Romantic In The World?8 Things That Will Happen If An Asteroid Hits Earth6 Most Breathtaking Bridges In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More40 Child Actors Who Turned Into Gorgeous AdultsWorld’s Most Delicious FoodsWho Is The Most Powerful Woman On Earth?Birds Enjoy Living In A Gallery Space Created For Them8 Things You Didn’t Know About CoffeeCouples Who Celebrated Their Union In A Unique, Unforgettable WayCan Playing Too Many Video Games Hurt Your Body?Everything You Need To Know About Asteroid Armageddon Read Also: Serena ends three-year title drought, hands winnings to bushfire appeal The 27-year-old Pliskova goes into Melbourne under the radar but the world number two beat American Madison Keys in the final to close the gap on Barty at the top of the rankings. However, she is yet to win a Grand Slam and her best appearance in a Major was back in 2016, when she lost the US Open final to Germany’s Angelique Kerber. There will be added interest in Denmark’s Caroline Wozniacki, the former world number one who finally broke her long Grand Slam duck in Melbourne two years ago, and who will retire after the tournament at the age of 29. FacebookTwitterWhatsAppEmail分享 Practice and qualifying have been disrupted by smoke from bushfiresWilliams has now won 73 WTA titles over four decades and although she is scaling back the number of tournaments she plays, there is no indication she plans to retire imminently. Williams’s latest Grand Slam final heartbreak came at the US Open, where she was stunned by Canadian teenager Bianca Andreescu. Williams – the highest-paid female athlete in the world last year with earnings close to US$30 million, according to Forbes – afterwards played down her bid for Court’s record. “I’m not necessarily chasing a record,” she said. “I’m just trying to win Grand Slams.” At least she will not encounter the 19-year-old Andreescu, who is out of the Australian Open with a knee injury. Serena Williams is ominously back to winning ways as she looks to finally complete her long quest for a record-equalling 24th Grand Slam title at the Australian Open. The American has been on the cusp of history since 2017, when she won her 23rd Major trophy in Melbourne, but after returning from giving birth has suffered straight-sets defeats in four Slam finals. Serena Williams broke a three-year title drought last week in Auckland The signs are good for the 38-year-old Williams, who broke a three-year title drought at last week’s Auckland Classic – a result that will not have gone unnoticed by her younger rivals. Australia’s world number one Ashleigh Barty and defending champion Naomi Osaka are among her genuine challengers, but pressure and expectation will also pose problems for Williams as she pursues the 24 Grand Slam titles won by the Australian Margaret Court between 1960 and 1973. “That was really important for me and I just want to build on it,” Williams, now ranked ninth in the world, said after triumphing in Auckland on Sunday. The former number one, who celebrated on court with daughter Olympia, donated her US$43,000 winner’s cheque to victims of the Australian bushfires. Practice and qualifying have been disrupted in Melbourne this week because of toxic air pollution from the deadly fires, but organisers are confident the tournament will proceed as planned. – Pressure on Barty – Of the challengers to Williams, Barty will also have to deal with great expectations from the Melbourne crowd. The 23-year-old Australian, who once took time off tennis to play professional cricket, won her maiden Major at Roland Garros last year. Australia’s Ashleigh Barty won Roland Garros last yearBut Barty has had a patchy start to the year after losing her season opener last week, going down in two sets in Brisbane to American qualifier Jennifer Brady. She dismissed afterwards the hype in Australia surrounding her. “It doesn’t change the way that I practise, it doesn’t change the way that my team and I prepare, it doesn’t change me as a person,” Barty said. Japan’s Osaka arrives for her title defence accompanied by her fourth coach in less than a year, Belgian Wim Fissette. The 22-year-old squandered match point in losing to Karolina Pliskova of the Czech Republic in the semi-finals in Brisbane on Saturday.
ILOILO City – A heated argument led to hacking in Barangay Lutac, Cabatuan, Iloilo. The 34-year-old Tito Copina was tagged as the suspect. This prompted Copina to hack Sancho on the body, police said. It was, however, not immediately established what triggered the altercation. According to the police, Sancho and Copina – both residents of Barangay Lutac – figured in a heated argument around 9 p.m. The suspect was detained in the lockup cell of the municipal police station, facing charges./PN The 40-year-old laborer Joey Sancho was rushed to the Ramon Tabiana Memorial Hospital in Cabatuan due to hack wounds he sustained after the July 25 incident.
Batesville, In. — Indiana governor Eric Holcomb and INDOT commissioner Joe McGuinness awarded $150 million to 396 cities through the Next Level Roads: Community Crossings Initiative.“Superior local roads are a key factor in maintaining Indiana’s reputation as the Crossroads of America,” Gov. Holcomb said. “I am encouraged that a record number of communities applied for and received funds this year, and I’m grateful to lawmakers for increasing the funding to sustain the community crossings initiative.”This year 467 communities applied for grants. INDOT estimates there will be up to $190 million available through the program next year.Community Crossings was created by the Indiana General Assembly in 2016. Funds for the program are awarded from the state’s local road and bridge matching grant fund. To qualify for funding, local governments must provide local matching funds, 50 percent for larger communities or 25 percent for smaller communities, from a funding source approved for road and bridge construction. They must also submit an INDOT-approved asset management plan for maintaining existing roads and bridges.Here is a list of dollars awarded to local municipalities:*City of Aurora $442,500.00City of Greensburg. $701,715.29City of Lawrenceburg $442,500.00City of Madison. $442,500.00City of North Vernon. $442,500.00City of Rising Sun. $501,357.75Dearborn County $840,967.00Decatur County $730,569.00Jennings County $731,636.25Ohio County $750,000.00Ripley County $833,700.00Switzerland County $869,850.00Town of Dillsboro $313,002.00Town of Hartsville $36,946.00Town of Holton $176,657.25Town of Milan $235,500.00Town of Mooreshill $300,000.00Town of Osgood $670,000.00Town of Versailles $181,753.80Town of Westport $139,860.75*Thanks to the office of state representative Randy Frye.The full list of cities, counties and towns is here.
Luke Shaw has reiterated his long-term commitment to Southampton amid reported interest from the likes of Manchester United and Chelsea. United and Chelsea are being regularly linked but the teenage left-back insists his future remains on the south coast. “I don’t really take notice of things that are written about me – it is frustrating at times, but I just laugh it off,” Shaw told Southampton’s official matchday magazine. “They (the media) don’t know anything because they aren’t around the training ground and in the dressing room with me. “They should know that I’ve signed a contract at Southampton and I’m not even thinking about moving. “I am happy at Southampton because I’m playing football, which is exactly what I want to be doing. “There are a lot of people out there that like to twist things – especially on social media – but I’ve said a lot of times that I am happy here, so I’ll just carry on. “I think people are starting to realise what sort of a club Southampton is. We are young and ambitious, and we want to go places in the next couple of years.” The 18-year-old academy graduate is considered one of the brightest prospects in the Premier League and has been tipped as a future England international. Shaw’s growing profile has seen speculation mount over his future, despite the England Under-21 international penning a five-year deal at St Mary’s in the summer. Press Association
The old saying is, “You are what you eat.” Anyone looking for an additional exhibit of evidence for the adage can look no further than to Joe Thomas.Hours after reeling in a couple browns (trout), the Wisconsin left tackle became a Brown himself, as he was selected by Cleveland with the third overall pick in Saturday’s NFL draft. “It’s a great fit for me as a person, and I think the organization is great people. The coaches are outstanding,” Thomas told Wisconsin reporters during a teleconference shortly after he was selected. “I think the team’s got a lot of weapons, and we’ve got a good opportunity to win a lot of games next year.”Thomas will likely step into the left tackle spot for the Browns next season with the opportunity to shore up an offensive line that allowed the third-most sacks in the NFL last season. “I don’t know what they are going to do with me, play me at left tackle, right tackle or guard or whatnot,” Thomas said. “I’m sure in the next couple months that will all play out, so I’m not going to push it.”My expectation for myself is to be a starter that first game,” Thomas continued. Landing in Cleveland presents a unique challenge for Thomas. Outside of the Browns, the AFC North has three quality teams, which have made the playoffs at least once in the last two years. Despite that Thomas will likely be paving the way for a former 2,000-yard running back in Jamaal Lewis, any offensive task will not be easy in a division including traditionally stout defenses such as Baltimore and Pittsburgh.”My best games in college and the games I got the most excited for were playing against the great players,” Thomas said. “That’s what makes me so excited about playing in the NFL, having that great player lineup across from you every game and the tremendous preparation that’s involved in getting ready for each game.” Although Thomas’ agent and the Browns front office had been in contact often lately, there was still a level of uncertainty concerning whether he would be the Browns’ pick.”I kind of knew all along [that the Browns were interested],” Thomas explained. “Back in January, just kind of researching the teams, … they obviously had the need at the offensive line position, guys getting older, and they gave up a lot of sacks last year.”Even once Thomas received the draft-day call from Cleveland’s brass, his fate was not yet decided.”We got the call, and we didn’t really know for sure yet,” Thomas explained. “It was a scout from the Browns who just said, ‘Hey, we want to keep you on the line.'”Thomas stayed on the phone for six minutes as the Browns made their final decision on who to draft.”You could hear Phil Savage, the general manager, talking about both myself and [Notre Dame quarterback] Brady Quinn in the background, so at that point they really didn’t know who they would pick.”Right at the end, … Phil Savage came on and said they turned in their card with my name on it.”Although the Browns’ choice of Thomas over the Ohio-native Quinn sparked some anger among Browns fans at the time, the team ended up trading picks with Dallas to draft the quarterback later in the first round.”I think historically at the draft you’re not going to make everybody happy. … Wherever I ended up, I knew I wasn’t going to be the glamour pick. Whenever you pick an offensive lineman high, he’s not the glamour pick.”Everyone wants the cute quarterback or the fast, quick receiver,” Thomas said. Aside from the regular excitement being drafted high carries, Thomas seemed legitimately happy to be going to Cleveland.”I’m excited. I think, to be able to stay in the Midwest, to be able to go to a city like Cleveland, which has tremendous professional athletic fans,” Thomas said. “It’s a meat-and-potatoes town, a blue-collar town — a lot like Milwaukee.”
Elsewhere Clonmel RFC take on Kinsale in the final of the Dave Dineen Cup in Midleton. Kick-off is at one o’clock. Thurles travel to Fermoy to take on Skibbereen in the final of the Munster Junior Plate.The Tipp club last won title back in 2009. Kick-off is at four o’clock.
Some supporters have been critical of their style of play, and they’ve failed to score in four out of their last seven matches in all competitions.But they can replace Leicester at the top of the Premier League when they play the leaders tomorrow.