Posts Tagged ‘consortium’

Samsung Signs $6.6 Billion Solar and Wind Power Deal with Ontario, Canada


That takes my breath away. In one of the biggest renewable energy deals in the history of the world, a Korean consortium led by Samsung* has agreed to build 2,500 megawatts of wind and solar power capacity in the Canadian province of Ontario.

Samsung C&T and the Ontario government signed the deal on Thursday, January 21st. The agreement will bring thousands of jobs and clean energy for more than half a million homes to Ontario.

Building off of this new deal, Korean trade officials plan to make Ontario their base of operations for all of North American.

Exxon Oil and Gas Project to Face Russian Legal Challenge Over Endangered Whales

Russian environmental groups have today launched a legal challenge against a consortium led by U.S. oil and gas giant Exxon, for threatening critically endangered whales in the far east of the country.

Last year, Russian authorities gave Exxon the green light to build a pipeline across a lagoon on Sakhalin Island that is a crucial feeding ground for the world’s last surviving colony of Western Gray Whales.

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