Clean energy investment in the second quarter totaled $61.5bn, some 12% above the first-quarter 2016 figure but 32% below a very strong outturn of $90bn in the equivalent period of 2015. Looking at the 2016 trend so far, and taking the Q1 and Q2 2016 figures together, global investment in the first half of … Continue reading Clean energy investment in 2016 undershoots last year’s record
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China hopes to build a $50 trillion global wind energy and solar power grid by 2050
One thing you can’t fault China for, lack of ambition. By 2050, the country hopes to lead efforts to build a $50 trillion global wind and solar power grid that would completely change how the world is powered. The Global Energy Interconnection (GEI) project was first introduced by the State Grid Corporation of China (SGCC) … Continue reading China hopes to build a $50 trillion global wind energy and solar power grid by 2050
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Iran plans first tender to draw $12 billion renewable-energy investment
Iran is planning its first tender for utility-scale renewable-energy projects by year end as it begins a green power build out that could draw $12 billion of investment by the time it’s complete. The nation wants to install 5 gigawatts of renewable energy in the next five years and an additional 2.5 gigawatts by 2030, … Continue reading Iran plans first tender to draw $12 billion renewable-energy investment
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Renewable energy sources dominate electricity generation in Costa Rica
Some 96 percent of Costa Rica’s electricity came from renewable sources in the first half of 2016, the President’s Office said Friday. The largest part of Costa Rica’s electricity mix is hydraulic power, which accounted for 70 percent of the total generation, said the office, citing preliminary data from the state electricity agency. During the … Continue reading Renewable energy sources dominate electricity generation in Costa Rica
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New European programme to fund open sea testing for ocean energy
The €11m FORESEA project brings together Europe’s leading ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies in real-sea conditions. The project is funded by the Interreg NWE (North-West Europe) programme, part of the ERDF (European Regional Development Fund). Led by the European Marine Energy Centre (EMEC), the FORESEA … Continue reading New European programme to fund open sea testing for ocean energy
Continue readingEDF Group enters into wind energy in China, the world’s largest renewable energy market
The EDF Group ramps up development in renewables energies and announces his first project in the chinese wind energy sector. EDF Energies Nouvelles, its subsidiary dedicated to renewable energy, has acquired a majority stake in UPC Asia Wind Management (AWM) which develops and builds wind projects in China. Following this acquisition, EDF Energies Nouvelles … Continue reading EDF Group enters into wind energy in China, the world’s largest renewable energy market
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Acciona Energía has signed its first contract with Mexico’s Federal Electricity Commission
ACCIONA Energía has signed its first contract with Mexico’s Federal Electricity Commission (CFE) for the delivery of renewable power and clean energy certificates resulting from the energy auctions introduced by Mexico’s energy reforms. The contract covers the annual supply of 585.7 gigawatt-hours (GWh), which was awarded to ACCIONA in the first auction for long-term energy … Continue reading Acciona Energía has signed its first contract with Mexico’s Federal Electricity Commission
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German Parliament passes the reformed Renewable Energy Law
On Friday, 8th June 2016, the German Parliament passed the reformed Renewable Energy Law (EEG). This step ends a long period of intense discussions, providing uncertainty at the German market. The reformed law is going to introduce tenders in Germany. From 2017 onwards an annual volume of 2800 MW for onshore wind will be … Continue reading German Parliament passes the reformed Renewable Energy Law
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President Donald Trump would be a climate catastrophe
A Trump presidency would be a boon for the wall construction business – not just the Mexican wall, but also walls along the coasts to keep back the rising seas. To prevent climate change that floods large portions of coastal cities, dooms small island nations and turns whole regions into deserts, we need to accelerate … Continue reading President Donald Trump would be a climate catastrophe
Continue readingGermany EEG reform a mixed bag for wind energy
Germany’s parliament approved a plan to reform the country’s renewable energy law by ending feed-in tariffs in favour of competitive auctions and putting clear volumes on wind energy deployment. Lawmakers have agreed to cap the annual auctions for onshore wind at 2.8GW and offer fluctuating tenders for offshore wind in order to control renewables … Continue reading Germany EEG reform a mixed bag for wind energy
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Brexit: what it might mean for the wind energy industry
The full impact and implications of the UK referendum, and what it means for the wind industry short and long term, are impossible to assess properly at this stage. But there are some points we can make with a degree of clarity today. First, the UK wind market retains a number of strong fundamentals. … Continue reading Brexit: what it might mean for the wind energy industry
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A renewable energy pathway and biodiversity protection is crucial to poverty alleviation in Africa
New Executive Director Greenpeace International (http://www.Greenpeace.org) Bunny McDiarmid visited the Greenpeace Africa office in Johannesburg to show solidarity and gain further insight into the key issues. The visit was McDiarmid’s first to the continent since taking office in April. Greenpeace Africa is concentrating its efforts on promoting sustainable development with particular emphasis on policies that … Continue reading A renewable energy pathway and biodiversity protection is crucial to poverty alleviation in Africa
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ACWA Power, SolarReserve to break ground on 100 MW Concentrated Solar Power plant in South Africa
SolarReserve and Saudi ACWA Power will break ground on a joint project for 100 MW concentrated solar power (CSP) plant in South Africa in September, Terence Govender, SolarReserve’s vice president of development was quoted as saying by news agency Ecofin. The project was selected within the 3.5 bid window under South Africa’s Renewable Energy … Continue reading ACWA Power, SolarReserve to break ground on 100 MW Concentrated Solar Power plant in South Africa
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South Korea targets $37 bln in renewable energy investment by 2020
South Korea plans 42 trillion won ($36.65 billion) in investment in renewable energy and related infrastructure by 2020 as part of efforts to meet its pledge at last year’s Paris climate summit to cut greenhouse emissions. Of the total, 30 trillion won will be spent by state utilities on solar and wind power generation with … Continue reading South Korea targets $37 bln in renewable energy investment by 2020
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Renewable Energy Supplied Almost a Quarter of Global Power in 2015
Renewable energy accounted for nearly 25 percent of global electrical capacity in 2015, according to a new study, Renewables 2016 Global Status Report, by REN21. The power sector experienced its largest annual increase in capacity ever, with significant growth in all regions. Wind and solar photovoltaic (PV) had record additions for the second consecutive year, … Continue reading Renewable Energy Supplied Almost a Quarter of Global Power in 2015
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IRENA expects PV (photovoltaic) capacity between 1,760 and 2,500 GW by 2030
The share of global electricity generated by solar photovoltaics (PV) could increase from 2% today to as much as 13% by 2030, according to a recent report from the International Renewable Energy Agency (IRENA). It estimates that solar PV capacity could reach between 1,760 and 2,500 gigawatts (GW) by 2030, up from 227 GW today. … Continue reading IRENA expects PV (photovoltaic) capacity between 1,760 and 2,500 GW by 2030
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Wind energy leads to a more reliable and resilient power system
Technological advances have not only reduced the cost of wind energy, but also increased wind’s contributions to power system reliability. Last year, wind and solar made up nearly 75 percent of new electric generating capacity that came online in America, and in some regions wind energy now reliably provides 20 percent or more of total … Continue reading Wind energy leads to a more reliable and resilient power system
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More transmission is needed to maximize America’s wind power potential
A new groundswell of support from Missouri Gov. Jay Nixon and Fortune 500 companies like General Motors, Target, Unilever, Procter & Gamble, Kellogg’s and Nestle mean a critical transmission project is one step closer to reality. Clean Line Energy’s privately-funded Grain Belt Express will deliver enough low-cost wind energy for about 200,000 Missouri homes every … Continue reading More transmission is needed to maximize America’s wind power potential
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Brunei has potential for solar energy
Brunei has “good potential” to utilise solar energy due to its location, said a professor at Universiti Teknologi Brunei. UTB’s Assistant Vice Chancellor, Professor Nawaf Hazim Saeid, said solar intensity is higher in Brunei compared to other countries because of the amount of sunlight it has daily, local daily the Brunei Times reported Thursday. … Continue reading Brunei has potential for solar energy
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Washington D.C. recognizes the importance of renewable energy
The latest big moment for clean energy is in the nation’s capital. This week, lawmakers in Washington, D.C. voted to expand the city’s use of clean energy for years to come. The District of Columbia city council unanimously decided to require half of the city’s electricity to come from renewable energy sources like wind and … Continue reading Washington D.C. recognizes the importance of renewable energy
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