The Boards of Directors of Enel S.p.A. (“Enel”) and Enel Green Power S.p.A. (“EGP”), meeting late yesterday afternoon in London, approved a project for the non-proportional spin-off (the “Spin-Off Project”) of part of EGP into Enel (the “Spin-Off”). The Spin-Off envisages: – the assignment by EGP to Enel of the spun-off assets, essentially represented by … Continue reading Approval of integration of Enel green power into Enel
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Over 25% of Brazil’s total power capacity will come from non-hydro renewable sources by 2025
Brazil’s non-hydro renewable power sector is expected to account for more than 25% of Brazil’s total capacity by 2025, with non-hydro renewables’ cumulative installed capacity more than tripling from 17.1 Gigawatts (GW) in 2014 to an estimated 57.8 GW by 2025, says research and consulting firm GlobalData. The company’s report* states that this substantial growth … Continue reading Over 25% of Brazil’s total power capacity will come from non-hydro renewable sources by 2025
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139 Countries Could Get All of their Power from Renewable Energy Sources
Mark Z. Jacobson and Mark Delucchi have done it again. This time they’ve spelled out how 139 countries can each generate all the energy needed for homes, businesses, industry, transportation, agriculture—everything—from wind, solar and water power technologies, by 2050. Their national blueprints, released Nov. 18, follow similar plans they have published in the past few … Continue reading 139 Countries Could Get All of their Power from Renewable Energy Sources
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IEA report shows global transition to renewables is underway
The latest report from the International Energy Agency shows the global transition to renewable energy and wind power is in motion, says Giles Dickson, chief executive officer of the European Wind Energy Association. The report – World Energy Outlook 2015 – highlights that renewable energy installations accounted for almost half of the world’s new power … Continue reading IEA report shows global transition to renewables is underway
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Rwanda’s renewable energy plans endorsed by Climate Investment Funds
Rwanda is committed to providing electricity access to 70% of the population by 2018 – up from only 23% this year – through a wide range of renewable resources Rwanda and the Climate Investment Funds (http://www-cif.ClimateInvestmentFunds.org) are today celebrating the endorsement of that country’s renewable energy investment plans under the CIF’S dedicated fund for Scaling … Continue reading Rwanda’s renewable energy plans endorsed by Climate Investment Funds
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Anti-renewable energy group produces error-ridden report
Real-world data shows wind energy supplies diverse, far-reaching benefits for consumers and communities across the United States. It offers an affordable, reliable solution that diversifies our energy mix while eliminating many forms of harmful pollution. Wind’s costs have fallen 66% over the last two years, and wind power supports over 73,000 well-paying American jobs. Growing … Continue reading Anti-renewable energy group produces error-ridden report
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Poland can increase renewable energy nearly five-fold by 2030
Poland can increase its share of renewable energy in power generation from seven per cent in 2010 to nearly 38 per cent by 2030, according to a report released today by the International Renewable Energy Agency (IRENA). REmap 2030 Renewable Energy Prospects for Poland, prepared with input from the Polish Ministry of Economy, also finds … Continue reading Poland can increase renewable energy nearly five-fold by 2030
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Chile to auction areas for wind energy and solar power
Chile is set to auction off vast new areas of land for anyone who will use the space to develop solar power or wind energy projects. Chile has a fast growing renewable energy sector, setting a target that 20 percent of its energy will be renewable by 2025. The Chilean Ministry of National Assets made … Continue reading Chile to auction areas for wind energy and solar power
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Apple launches solar energy programs in China to reduce environmental impact
Apple has revealed that it is going to increase assistance of up to 200 megawatts in Chinese solar power projects. Between them the projects will prevent 20 million metric tonnes of greenhouse gases pouring into the atmosphere between now and 2020. Apple has put in effort to mitigate environmental damages in the region and the … Continue reading Apple launches solar energy programs in China to reduce environmental impact
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Obama Gets More Than 80 Leading US Companies to Agree to Act on Climate Change
President Barak Obama announced that 81 of the U.S.’s leading companies have signed onto the American Business Act on Climate pledge. The companies from Alcoa to GE, GM, International Paper, McDonald’s, Xerox and a host of other companies from a wide range of industries agreed to reduce emissions, increase low-carbon investments, use more clean energy … Continue reading Obama Gets More Than 80 Leading US Companies to Agree to Act on Climate Change
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OPIC partners with Solarreserve and ACWA power to develop landmark South African concentrated solar power plant
As part of Secretary John Kerry’s Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC) today signed an agreement with U.S. based energy developer SolarReserve and Saudi Arabia based ACWA Power , recognizing OPIC’s $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project … Continue reading OPIC partners with Solarreserve and ACWA power to develop landmark South African concentrated solar power plant
Continue readingChina adds 9.9 GW solar energy capacity in first nine months
China added 9.9 gigawatts (GW) of photovoltaic (PV) power-generation capacity in the first nine months of 2015, the National Energy Administration (NEA) said on Tuesday. The amount includes 8.32 GW from PV power stations and 1.58 GW from distributed PV power projects, according to NEA figures. China’s cumulative-installed capacity for solar PV power hit … Continue reading China adds 9.9 GW solar energy capacity in first nine months
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Renewables bring down the wholesale cost of energy
The report has been published today by independent energy company Good Energy and is backed by experts at the University of Sheffield. It follows recent announcements by the Government that it will cut subsidies for renewables such as solar and wind in order to keep bills as low as possible for families and businesses. Good … Continue reading Renewables bring down the wholesale cost of energy
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Iberdrola and ASAJA agree to collaborate on boosting solar photovoltaic generation in agricultural sector
Iberdrola and the Young Farmers’ Agricultural Association (ASAJA) have entered into an agreement about boosting the comprehensive solar photovoltaic generation solution offered by the electric utility to its customers, Smart Solar Iberdrola, which enables them to generate and consume their own energy by installing this type of technology. The agreement was signed at Iberdrola’s offices … Continue reading Iberdrola and ASAJA agree to collaborate on boosting solar photovoltaic generation in agricultural sector
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ABB’s energy storage system range showcased at Solar Energy UK 2015
One of the biggest challenges with solar energy is the fact it is unpredictable and its usage is not completely discretionary. By combining energy storage and load management capability with a traditional photovoltaic inverter, self-consumption and energy independence are significantly improved. On the residential side, ABB is unveiling its renewable energy accumulator and conversion technology … Continue reading ABB’s energy storage system range showcased at Solar Energy UK 2015
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Acciona will be at the second edition of the Morocco solar festival in Ouarzazate
This will be the second year in which Acciona sponsors this international event which seeks to raise awareness with regard to the great potential of renewable energies and, in particular, concentrated solar power. This will be the second year in which ACCIONA sponsors this international event which seeks to raise awareness with regard to the … Continue reading Acciona will be at the second edition of the Morocco solar festival in Ouarzazate
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Cuba to increase renewable energy use by 2030
Cuba is working to increase by six times the use of renewable energy in the national energy matrix by 2030 by among others constructing 13 large wind energy farms capable of producing 633 megawatts. During the Ministry of Energy and Mines national conference on science, technology and innovation taking place in Cojimar, Havana, the ministry’s … Continue reading Cuba to increase renewable energy use by 2030
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International renewable energy developers look to invest in Sub-Saharan Africa
International renewable energy (RE) power developers are looking to invest in Africa as a result of the continued success of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and the global decline in RE technology costs. RE suppliers are more specifically looking to explore opportunities in sub-Saharan Africa due to the surplus … Continue reading International renewable energy developers look to invest in Sub-Saharan Africa
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IHS Raises Global 2015 Solar Photovoltaic Forecast to 59 GW
Global solar photovoltaic (PV) demand will reach 59 gigawatts (GW) in 2015, an increase over the previous solar-PV demand forecast released in June 2015, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. The company now expects global solar installations to grow by 33 percent this year, which is … Continue reading IHS Raises Global 2015 Solar Photovoltaic Forecast to 59 GW
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Solar Energy Photovoltaics plus Energy Storage Nanogrid Revenue Is Expected to Reach $23.1 Billion in 2024
A new report from Navigant Research examines the global market for solar photovoltaics (PV) plus energy storage nanogrids, including an analysis of market issues, with forecasts for capacity and revenue, through 2024. During the last year, partnerships between solar PV companies and energy storage system (ESS) providers have increased rapidly, with their synergies giving … Continue reading Solar Energy Photovoltaics plus Energy Storage Nanogrid Revenue Is Expected to Reach $23.1 Billion in 2024
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