The 45% fall in oil prices is being portrayed as a big blow to clean energy deployment. In fact, its impact will vary by sector and region, but will be modest in major electricity markets where renewables compete with gas and coal, and benefit from stable policy support. The collapse in world oil prices in … Continue reading Oil price plunge and renewable energy
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Renewable Energy spending at $175 Billion on Chinese Rise
Figures for the third quarter show another year-on-year rise, with a solar energy boom in China the biggest single contributor. About $175 billion was spent globally on renewable energy projects during the first three quarters, up 16 percent from the same period last year, with Chinese solar investment at a record, according to a Bloomberg … Continue reading Renewable Energy spending at $175 Billion on Chinese Rise
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