Tag Archives: solar energy

Saudi Arabia aims for 10% renewables by 2023

Saudi Arabia intends to produce 10% of its electricity via renewable sources by 2023, the country’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih confirmed earlier this week. Fittingly, Al-Falih made the statement at the Saudi Arabia Renewable Energy Investment Forum in Riyadh. It will form a major plank in the country’s plans to … Continue reading Saudi Arabia aims for 10% renewables by 2023

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ENGIE Purchases Northern Power Integrated 1MW Eos Aurora® Battery for Landmark Solar and Wind Project in Brazil

ENGIE, Eos Energy Storage (“Eos”) and Northern Power Systems Corp. (TSX: NPS) today announced that the they will work together to install a 1 megawatt (MW), 4 megawatt-hour (MWh) grid-scale energy storage solution supporting a hybrid solar and wind demonstration project, developed by ENGIE in Brazil. Eos and Northern Power will together manufacture and supply … Continue reading ENGIE Purchases Northern Power Integrated 1MW Eos Aurora® Battery for Landmark Solar and Wind Project in Brazil

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U.S. use more clean energy in 2016

Americans used more renewable energy in 2016 compared to the previous year, according to the most recent energy flow charts released by Lawrence Livermore National Laboratory. Overall, energy consumption was nearly flat.   Lawrence Livermore National Laboratory/Department of EnergyU.S. Energy Chart 2016 The 2016 energy flow chart released by Lawrence Livermore National Laboratory details the … Continue reading U.S. use more clean energy in 2016

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China’s renewable energy sector to attract $782bn investment by 2030

China’s wind and solar energy sectors could attract as much as 5.4 trillion yuan ($782 billion) in investments between 2016 and 2030 as the country tries to meet renewable energy targets, according to a research report published on Tuesday. China has pledged to increase non-fossil fuel energy to at least 20 percent of its total … Continue reading China’s renewable energy sector to attract $782bn investment by 2030

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Saudi Arabia shortlists companies for its solar power, wind energy projects

Saudi Arabia is targeting 9.5 GW of renewable energy by 2023 in line with Vision 2030 diversification plan. Top oil exporter Saudi Arabia has shortlisted companies for its solar and wind power projects, as part of the first round of its renewable energy initiative, the energy ministry said on Monday. France’s EDF Energies Nouvelles, Japanese … Continue reading Saudi Arabia shortlists companies for its solar power, wind energy projects

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On the economics of wind energy and solar power

November’s COP22 climate summit of Marrakech gave climate policy fresh tailwind, after the blow of Donald Trump’s election. Even without a strong global treaty, national climate policies are multiplying?—?at least a certain type of policies. While the policy that economists often recommend?—?putting a price on greenhouse gas emissions?—?remains patchy, as a recent Worldbank report shows, … Continue reading On the economics of wind energy and solar power

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Renewables Providing Most New Power

Renewables were the biggest new source of electricity last year as the cost of building new wind and solar farms fell.   Clean energy provided 55 percent of all new capacity added worldwide, the most ever, and total investment was about double the amount for generators driven by fossil fuels, according to a report published … Continue reading Renewables Providing Most New Power

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Russia has abundance of all renewable energy sources which can be scaled up to fuel economic growth

Russia can increase the share of renewables in its energy mix from roughly 3 per cent today to more than 11 per cent by 2030, according to new findings by the International Renewable Energy Agency (IRENA). The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 … Continue reading Russia has abundance of all renewable energy sources which can be scaled up to fuel economic growth

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NRDC report shows major job growth from wind energy and solar power tax credits

A new analysis by the Natural Resources Defense Council (NRDC) shows how federal tax credit extensions are leading to new wind and solar projects that will create more than 220,000 jobs — and add nearly $23 billion to the U.S. economy in 2017. The report, titled Engine of Growth: The Extension of Renewable Energy Tax Credits … Continue reading NRDC report shows major job growth from wind energy and solar power tax credits

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2016 a Record Year for Renewables, Latest IRENA Data Reveals

Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, according to data released today by the International Renewable Energy Agency (IRENA). Renewable Energy Capacity Statistics 2017, estimates that by the end of last year the world’s renewable generation capacity reached 2,006 GW, with solar … Continue reading 2016 a Record Year for Renewables, Latest IRENA Data Reveals

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The Economic Case for Wind Power and Solar Energy in Africa

Ngong Hills Wind Farm in Nairobi, Kenya, sited close to where there is significant demand for electricity (Nairobi) and near existing infrastructure, is a good example of multiple land uses for recreation (a popular hiking area for locals), energy generation, and livestock grazing.   The location and potential of wind, solar photovoltaics, and concentrating solar … Continue reading The Economic Case for Wind Power and Solar Energy in Africa

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Database of Concentrated Solar Power Projects all around the world

Working with member countries, SolarPACES—Solar Power and Chemical Energy Systems—has compiled data on concentrating solar power (CSP) projects around the world that have plants that are either operational, under construction, or under development. CSP technologies include parabolic trough, linear Fresnel reflector, power tower, and dish/engine systems. For individual concentrating solar power projects, you will find … Continue reading Database of Concentrated Solar Power Projects all around the world

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Iran and Middle East could adopt fully renewable electricity systems

Iran can transition to a fully renewable electricity system and financially benefit from it by 2030. Researchers at Lappeenranta University of Technology (LUT) show that major oil-producing countries in the Middle East and North Africa (MENA) region could turn their abundant renewable energy resources into lucrative business opportunities in less than two decades.   According … Continue reading Iran and Middle East could adopt fully renewable electricity systems

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Groundbreaking on Solar Field in Burundi

Amid the lush and rolling hills of Mubuga, 100 km outside the Burundian capital of Bujumbura, 2,500 people came yesterday to celebrate the festive ground-breaking for a 7.5 MW solar field that will add 15% to the East African country’s generation capacity. In a colorful and drum-accented ceremony attended by government officials, international investors, religious … Continue reading Groundbreaking on Solar Field in Burundi

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EDF Energies Nouvelles continues its expansion in wind power and solar energy in North America

EDF Energies Nouvelles is announcing the commissioning of four wind farms in the United States with installed capacity totalling over 708 MW. In North America, the Group has also accelerated its solar energy expansion drive in 2016 with notably a new 150 MWac project in the United States. It contributes to the EDF Group’s CAP … Continue reading EDF Energies Nouvelles continues its expansion in wind power and solar energy in North America

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Solar Power Now Produces a Better Energy Return on Investment Than Oil

In 2016, according to a trends analysis based on this report by the Royal Society of London, the energy return on energy investment (EROEI) for oil appears to have fallen below a ratio of 15 to 1 globally. In places like the United States, where extraction efforts increasingly rely on unconventional techniques like fracking, that EROEI … Continue reading Solar Power Now Produces a Better Energy Return on Investment Than Oil

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EBRD providing €200 million for renewable energy sector in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) Board of Directors has approved a financing framework of up to €200 million which will be used to finance primarily private renewable energy projects in Kazakhstan with a total generating capacity of 300 MW within the next five years, the Bank said on December 16. Such projects … Continue reading EBRD providing €200 million for renewable energy sector in Kazakhstan

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East Africa’s Largest Solar Power Plant Starts Operations in Soroti, Uganda

D’Ujanga Simon, Minister of State for Energy, together with representatives of Access Power (www.Access-Power.com), EREN RE (www.EREN-Groupe.com) and donors celebrated today the inauguration of the solar power plant in Soroti. Made up of 32,680 photovoltaic panels, the new 10 megawatt facility is the country’s first grid-connected solar plant and will generate clean, low-carbon, sustainable electricity … Continue reading East Africa’s Largest Solar Power Plant Starts Operations in Soroti, Uganda

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Google will soon be powered by 100 percent renewable energy

Google made a truly remarkable announcement today: renewable energy will power 100 percent of its global operations in 2017. But what’s most impressive about this announcement? Most of the renewable energy is wind power. Google has contracted for 2.6 gigawatts (GW) of renewable energy capacity to date – and 94 percent of that is coming … Continue reading Google will soon be powered by 100 percent renewable energy

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