The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS). This expanding opportunity for PV companies and battery manufacturers largely will … Continue reading Residential Solar Energy Storage Market to Grow by Factor of 10 from 2014 to 2018
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Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023
The majority of these materials are likely to be used in lithium ion batteries, report concludes. A new report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for the capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023. The … Continue reading Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023
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Energy Storage for Grid System Industry in China 2014-2017
China Energy Storage for Grid System Industry Report 2014-2017 is a new market research publication announced by Reportstack. Energy storage has a wide range of applications in electric power system involving all aspects of power generation transmission distribution and end user. The energy storage technologies for grid system include pumped storage compressed air flywheel chemical battery … Continue reading Energy Storage for Grid System Industry in China 2014-2017
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Renewable Energy potential exceeds 12,000 MW in Azerbaijan
Azerbaijan is not only a country with rich natural resources, but also a nation capable of taking advantages of alternative resources, such as solar power, wind energy, thermal energies. The total capacity of alternative and renewable energy sources in Azerbaijan exceeds 12,000 megawatts, the Deputy Head of the Department of Investments and Strategic Development … Continue reading Renewable Energy potential exceeds 12,000 MW in Azerbaijan
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Myanmar plans 41 new power plants in 15 years
Myanmar has mapped a 15-year power development plan to meet increasing demand, setting its sights on boosting capacity from 4,581 megawatts to over 29,000MW in 2031. According to Myint Oo, director at the Ministry of Electric Power, the plan will shift Myanmar’s focus from hydropower to other energy sources, including coal, natural gas, solar, and … Continue reading Myanmar plans 41 new power plants in 15 years
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Brazil contracts 769 MW of wind energy and 890 MW photovoltaic
Brazil awarded 20-year power supply contracts totaling 889.7MW of solar PV from 31 projects at an average price of R$215.12/MWh ($86.8MWh). The price was 17.9% below the cap prices of R$262/MWh set by the government. Brazilian developers on Friday sold 769.1MW of wind power from 31 wind farm projects at the government’s reserve auction … Continue reading Brazil contracts 769 MW of wind energy and 890 MW photovoltaic
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Fossil fuels should be ‘phased out by 2100’ says IPCC
That is the central message of a stark new report from the UN-backed Intergovernmental Panel on Climate Change. The United Nations’ expert panel on climate science on Saturday finished a report on global warming that the UN’s environment agency said offers ”conclusive evidence” that humans are altering the Earth’s climate system. The document, which combines … Continue reading Fossil fuels should be ‘phased out by 2100’ says IPCC
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Denmark considers phasing out coal by 2025
Denmark should ban coal use by 2025 to make the Nordic nation a leader in fighting global warming, adding to green measures ranging from wind energy to bicycle power, Denmark’s climate minister said on Saturday. Denmark has already taken big steps to break reliance on high-polluting coal – wind turbines are set to generate … Continue reading Denmark considers phasing out coal by 2025
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Study shows clean energy activity surges in developing world
Developing nations represent a large and rapidly growing share of the world’s clean energy investment, according to Climatescope 2014, a landmark study released today. The results suggest renewable technologies can be just as cost-competitive in emerging parts of the world as they are in richer nations. Climatescope, a country-by-country assessment, interactive report and index, offers … Continue reading Study shows clean energy activity surges in developing world
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Concentrated solar power (CSP) with storage could fill the gaps in intermittent renewable generation
Ivanpah is the largest concentrated solar power (CSP) plant in the world. Unlike traditional solar photovoltaic panels — which convert sunlight directly into electricity — concentrating solar power technology uses sunlight to heat water or another liquid, ultimately creating steam that can be used to turn turbines and generate electricity. Concentrated solar power has a … Continue reading Concentrated solar power (CSP) with storage could fill the gaps in intermittent renewable generation
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Vestas welcomes EU decision on a 27 per cent renewable energy target
Greater use of domestic renewable energy sources will reduce Europe’s dependence on imported fuels, which in turn will help insulate the EU against fuel price volatility and increase the EU’s security of energy supply. Wind turbines, for example, use an abundant carbon-free resource, and once a wind farm is built, its operating costs are low, … Continue reading Vestas welcomes EU decision on a 27 per cent renewable energy target
Continue readingHeads of State miss the chance to back renewable energy in Europe
The European Council’s decision to set an EU-binding target of 27% showed a lack of ambition to improve Europe’s energy security. Governments also ignored calls from the renewable energy sector and European business leaders for a nationally-binding target of at least 30%. Thomas Becker, chief executive officer of the European Wind Energy Association, said: … Continue reading Heads of State miss the chance to back renewable energy in Europe
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Wind power is more cheaper than gas
It’s no surprise that if environmental costs are considered, renewables—particularly wind power—are a far better bargain than coal power. But it might surprise many that according to a new such analysis, nuclear power lags far behind wind energy and even hydroelectric power in its economic impact, at least in the European Union. Energy costs are … Continue reading Wind power is more cheaper than gas
Continue readingNatural Gas Alone Can’t Solve Global Warming
President Obama says we can use natural gas to help solve the climate crisis. Multiple scientists say otherwise. The arguments have been made over and over again. Yes, natural gas burns much cleaner than coal and diesel, but there is such a high rate of methane leakage from natural gas operations that, in some cases, … Continue reading Natural Gas Alone Can’t Solve Global Warming
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Renewable energy can supply 100% of world’s power by 2050
A global low-carbon energy economy is not only feasible – it could actually double electricity supply by 2050, while also reducing air and water pollution, according to new research. “Our analysis indicates that the large-scale implementation of wind, [solar] PV, and CSP [Concentrated Solar Power] has the potential to reduce pollution-related environmental impacts of … Continue reading Renewable energy can supply 100% of world’s power by 2050
Continue readingSolar Power and Storage Closing Energy Gap
EGP’s analysis of off-grid electrification in Moroccan villages presented at the Res4Med workshop in Rabat focuses on distributed generation and green energy to increase access to energy and protect the environment. That renewable energy must be in rural villages has for many years been at the heart of international programmes such as the United … Continue reading Solar Power and Storage Closing Energy Gap
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Energy sector is key to powering prosperity in sub-Saharan Africa
Increasing access to modern forms of energy is crucial to unlocking faster economic and social development in sub?Saharan Africa, according to the International Energy Agency’s (IEA) Africa Energy Outlook, a Special Report in the 2014 World Energy Outlook series. More than 620 million people in the region (two-thirds of the population) live without electricity, and nearly 730 … Continue reading Energy sector is key to powering prosperity in sub-Saharan Africa
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Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year
The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market segment, with innovative new … Continue reading Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year
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Michigan has the potential for more than 59,000 megawatts of wind energy generation
Wind power: Michigan ranks 16th among U.S. states with 1,163 megawatts of installed wind power, enough to power more than 300,000 average Michigan homes. The state has the potential for more than 59,000 megawatts of wind energy generation — more than 1.6 times the state’s current energy needs. That capacity is the 18th best wind … Continue reading Michigan has the potential for more than 59,000 megawatts of wind energy generation
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Egypt aims to produce 20% of power from solar energy and wind power by 2020
In an attempt to escape the energy crisis triggered by frequent power cuts, lack of fuel and the deterioration of national networks and power stations, the Egyptian government has signaled its intent to expand the use of new and renewable energy, notably solar energy. Despite the enormous potential, it’s still a daunting prospect because of … Continue reading Egypt aims to produce 20% of power from solar energy and wind power by 2020
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