Tag Archives: renewable energy

Renewable energy can meet global electricity demand by 2050 while reducing total cost

Transitioning the world to 100 percent renewable electricity isn’t just some environmentalist pipe dream—it’s “feasible at every hour throughout the year” and is more cost-effective than the current system, which largely relies on fossil fuels and nuclear energy, a new study claims.   The research, compiled by Finland’s Lappeenranta University of Technology (LUT) and the Berlin-based nonprofit Energy Watch Group (EWG), was presented Wednesday … Continue reading Renewable energy can meet global electricity demand by 2050 while reducing total cost

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GE scores its largest Wind Energy order in Thailand

Agreements to build three 90 MW clusters for the Theparak Wind farm in Central Thailand. GE Renewable Energy and GE Power recently announced agreements to provide 270 MW of wind energy capacity to Wind Energy Holding (a member of Thailand’s KPN Group) for the Theparak Wind Farm in Central Thailand.   GE Renewable Energy is … Continue reading GE scores its largest Wind Energy order in Thailand

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Argentina Embraces Renewable Energies

The distinguished Convention Center of the Alvear Icon Hotel serves as home for specialists from international organizations, speakers, and investors to exchange experiences and discuss the integration of the energy sector at a sub-regional and regional level.   The XLVII edition of the “Council of Experts and Meeting of Ministers” had the presence of the … Continue reading Argentina Embraces Renewable Energies

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Renewable Energy can account for 37% of Thailand’s energy mix by 2036

With a stronger and more ambitious energy development plan, Thailand’s share of renewable energy in total final energy consumption could surpass its national target by a quarter and reach more than 37 per cent by 2036, according to a new report published by the International Renewable Energy Agency (IRENA) and the Ministry of Energy of … Continue reading Renewable Energy can account for 37% of Thailand’s energy mix by 2036

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European Parliament paves the way for increased ambition on 2030 renewable energy laws

WindEurope today congratulated the Industry Committee of the European Parliament for backing a binding target of at least 35% renewable energy for 2030 and more stringent renewable energy laws. Members of the European Parliament voted this morning on the Committee’s position on the post-2020 Renewable Energy Directive, steered by Spanish MEP José Blanco López. The … Continue reading European Parliament paves the way for increased ambition on 2030 renewable energy laws

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India can achieve 200 GW renewable energy by 2022

India can easily achieve 200 GW of renewable energy capacity by 2022 as against the “conservative target” of 175 GW, Power Minister R K Singh said today while unveiling the roadmap for clean energy. Buoyed by the success of reverse auction of renewables, which resulted in tariffs dropping to all time low rates, Singh also … Continue reading India can achieve 200 GW renewable energy by 2022

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Africa’s renewable energy set to soar by 2022

Strong demand is set to give a huge boost to renewable energy growth in Sub-Sahara Africa over the next five years, driving cumulative capacity up more than 70 percent, a senior international energy official said on Wednesday. From Ethiopia to South Africa, millions of people are getting access to electricity for the first time as … Continue reading Africa’s renewable energy set to soar by 2022

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US renewable energy booms despite Trump policy moves

Renewable energy continues to grow in the US, despite US President Donald Trump’s moves to dismantle clean power, deregulate industry and promote fossil fuels like coal, experts say. Five months after Trump declared that the US would withdraw from the 2015 Paris climate accord, the Republican leader continues to unravel the environmental legacy of his … Continue reading US renewable energy booms despite Trump policy moves

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Latin America’s Renewable Energy Revolution

For centuries Latin America’s natural resources have helped move the world economy. From the silver galleons that financed the Spanish Empire to the iron and copper exports that are rebuilding China, Latin America’s natural resources have long been sold around the globe. But now the growth of renewable energy across the region is creating a … Continue reading Latin America’s Renewable Energy Revolution

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European platform for corporate renewable energy sourcing launched

The potential for corporate sourcing of renewable energy in Europe is significant and largely untapped. To support its growth and bring a new stream of revenue into the European electricity market, it requires a consistent regulatory environment and awareness of this opportunity needs to be raised across a range of different stakeholders. SolarPower Europe and … Continue reading European platform for corporate renewable energy sourcing launched

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St. Louis sets 100 percent renewable energy target

Add it to the list– another city has made a 100 percent renewable energy pledge. On Friday, the St. Louis Board of Aldermen passed a measure to power the city entirely on renewables by 2035. In doing so, St. Louis became the 47th city – and the largest in the Midwest so far – to make a 100 … Continue reading St. Louis sets 100 percent renewable energy target

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Lithuania and Luxemburg break new ground with cooperation on renewable energy

Lithuania and Luxembourg signed an agreement on a so-called statistical transfer of renewable energy. Under this agreement Lithuania will sell a specified amount of renewable energy to Luxembourg between 2018 and 2020. It is the first time that this cooperation mechanism is used by EU Member States to implement and fulfill the objectives of the … Continue reading Lithuania and Luxemburg break new ground with cooperation on renewable energy

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Report by competing energy sources ignores renewable energy technology advances

A recent report by consulting firm IHS Markit misses recent technological advances that have drastically reduced the cost of renewable energy while also enabling wind and solar to provide essential grid reliability services, in many cases better than conventional power plants. The report, which was commissioned by the Nuclear Energy Institute, Edison Electric Institute, and the … Continue reading Report by competing energy sources ignores renewable energy technology advances

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Renewable energy generation among India’s total electricity generation touched 13.2%

Rapid increases in installed capacity and favourable weather conditions pushed renewable energy generation in India to an all-time high earlier this year. In July 2017, the share of renewable energy generation among India’s total electricity generation and imports touched 13.2%, the highest ever in the country. Total electricity generation and imports in India during July … Continue reading Renewable energy generation among India’s total electricity generation touched 13.2%

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Renewable energy: 117 companies bought bidding documents for the new tender in Argentina

The Ministry of Energy plans to award projects for up to 1,200 megawatts of power in wind, solar and biomass energy, among others. The Ministry of Energy will receive on Thursday the offers for renewable energy generation projects under the framework of Round 2 of the “Renovar Plan”. They sold 117 sheets, a record against … Continue reading Renewable energy: 117 companies bought bidding documents for the new tender in Argentina

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Dominion Energy Virginia to power new Facebook data center with renewable energy

Dominion Energy Virginia will add new solar generation to the power grid to serve a new state-of-the-art data center Facebook plans to build in suburban Richmond, Virginia. Facebook announced Thursday it has selected a location in eastern Henrico County as home to its eighth data center in the United States. This was made possible through … Continue reading Dominion Energy Virginia to power new Facebook data center with renewable energy

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Britain’s record on renewable energy supply

As one of the UK’s renewable energy chiefs has pointed out, electric cars won’t tackle climate change if they run off fossil fuels. Matthew Wright, managing director of Dong Energy UK, said that although plug-in cars could cut local air pollution, it would be a “pyrrhic victory” if they increased greenhouse gases from coal and … Continue reading Britain’s record on renewable energy supply

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EBRD unlocks extra funds for Kazakhstan renewable energy

The European Bank for Reconstruction and Development (EBRD) has announced that a new funding allocation of up to US$110 million has been made available to help pay for the construction and operation of renewable energy projects in Kazakhstan. The money will be provided from the United Nations’ Green Climate Fund (GCF), which was established in … Continue reading EBRD unlocks extra funds for Kazakhstan renewable energy

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IEA report provides a bright outlook for renewables

Global renewable electricity generation is expected to grow by more than a third by 2022, according to the International Energy Agency’s (IEA) Renewables 2017 report released yesterday. It’ll be over 8,000 terawatts hours per year, equal to the total annual power consumption of China, India and Germany combined – and 30% of global power generation, … Continue reading IEA report provides a bright outlook for renewables

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Solar energy leads the charge in another record year for renewables

Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online. This was another record year, largely as a result of booming solar PV deployment in China and around the world, driven by sharp cost reductions and … Continue reading Solar energy leads the charge in another record year for renewables

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