Investment in clean energy worldwide rallied nearly 10% in the first quarter of 2014 compared to the same period a year earlier, reaching $47.7bn. The first-quarter figure owed much to a 42% jump in investment in small-scale solar, as households and businesses in countries such as Japan and the US took advantage of the big … Continue reading Stronger first quarter for global investment in clean energy
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South Africa to procure more renewable energy
South Africa’s Department of Energy is to increase the amount of energy it will be procuring under the third window of its renewable energy programme for independent power producers, Energy Minister Ben Martins announced on Tuesday. In November, the department signed agreements with 17 new preferred bidders in the third round of the programme, following … Continue reading South Africa to procure more renewable energy
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Google buys U.S. drone startup Titan Aerospace
U.S. internet giant Googlee confirmed Monday that it has acquired drone maker Titan Aerospace, whose solar-powered high-altitude robots will be helpful to Google’s ambition to deliver internet services to underdeveloped areas in the world. A Google spokesman told Wall Street Journal that while in early days, the atmospheric satellite technology that Titan has been working … Continue reading Google buys U.S. drone startup Titan Aerospace
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A molecular approach to solar power
The problem with solar power is that sometimes the sun doesn’t shine. Now a team at MIT and Harvard University has come up with an ingenious workaround — a material that can absorb the sun’s heat and store that energy in chemical form, ready to be released again on demand. This solution is no solar-energy … Continue reading A molecular approach to solar power
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World Solar Power capacity increased 35% in 2013
With about 37,007 megawatts (MW) of solar photovoltaic PV power installed in 2013, world solar PV power capacity increased about 35% to 136,697 MW. Whereas Europe had dominated annual growth for years up until 2013 (10 years, to be precise), solar PV growth was much more evenly split last year, and China actually topped the … Continue reading World Solar Power capacity increased 35% in 2013
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New solar power plant at Sri Lanka
Based on a concept of the Secretary to the Ministry of Defence and Urban Development Gotabaya Rajapaksa, a newly constructed 20Kw solar power plant at the SLAF Station Palavi was declared open by the Director Civil Engineering of the SLAF Air Vice Marshal C.R. Gurusinghe recently. This Solar power plant will result in a reduction … Continue reading New solar power plant at Sri Lanka
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Decarbonizing the Future: Seizing Power for Global Change
As the Intergovernmental Panel on Climate Change meets on measures to reduce the impact of climate change, the answer to the global problem remains clear: The world must stop betting on a dirty fossil fuel energy system and should instead double-down on investment in clean, sustainable renewable energy. While no easy task, the good news is that … Continue reading Decarbonizing the Future: Seizing Power for Global Change
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USTDA supports development of solar power plant in Tanzania
U.S. Trade and Development Agency awarded a grant to NextGen Solawazi Limited to support the implementation of a 5 megawatt (MW) solar photovoltaic power plant in Kigoma, Tanzania. The grant was signed by NextGen Managing Director Mayank Bhargava and USTDA Director Leocadia I. Zak. USTDA is funding an Owner’s Engineer who will provide NextGen with … Continue reading USTDA supports development of solar power plant in Tanzania
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Swiss solar power aircraft set for globe flight in 2015
A new upgraded Swiss-made solar aircraft is poised to take the first round-the-world solar flight, without any fuel, in 2015, the team has announced. The Solar Impulse 2, launched by Swiss explorer Bertrand Piccard and Andre Borschberg, is the upgraded version of Solar Impulse 1, which is the first solar plane capable of flying day … Continue reading Swiss solar power aircraft set for globe flight in 2015
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Germany moves forward on renewable energy
Angela Merkel’s government approved legislation on Tuesday revamping Germany’s sweeping plan to generate more than 40 percent of its energy needs through renewable resources by 2025 by slowing the rapid expansion of solar energy and wind farms in an effort to hold down spiraling prices. Already, 25 percent of German energy comes from renewable resources, … Continue reading Germany moves forward on renewable energy
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Enel Green Power Developing Green Energy in Latin America
With its wind power, solar power, hydropower and hybrid solutions, Enel Green Power is making its mark in Latin America thanks to new facilities in Brazil, Chile, Mexico and Costa Rica. Across Central and South America, Enel Green Power’s renewable energy operations is undergoing continuous development. The diverse range of plants being built over the … Continue reading Enel Green Power Developing Green Energy in Latin America
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Spain renewable energy cuts to cost sector 1.7bn euros
Spain’s cuts in subsidies for renewable energy will hit company revenues by about 1.7 billion euros ($2.34 billion) this year, the country’s competition regulator CNMC said in a report on Monday. The government is cutting renewable subsidies as part of a drive to reduce a 30 billion euro ($41 billion) power tariff deficit built up … Continue reading Spain renewable energy cuts to cost sector 1.7bn euros
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Indonesia set to auction 375 MW geothermal energy projects
In the middle of this year, the government is set to auction a number of areas with geothermal energy potential that can be developed, in a bid to increase the capacity of the country’s geothermal power plants. The areas to be auctioned are expected to generate at least 375 megawatts (MW) of power. The geothermal … Continue reading Indonesia set to auction 375 MW geothermal energy projects
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Renewables account for 44% of 2013’s newly-installed generating capacity
Renewable energy’s share of world electricity generation continued its steady climb last year despite a 14 per cent drop in investments to US$214.4 billion, according to a new report released today. According to Global Trends in Renewable Energy Investment 2014 – produced by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the … Continue reading Renewables account for 44% of 2013’s newly-installed generating capacity
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How the tech industry can help save the climate
A new report released by Greenpeace says that Google, Apple and Facebook are spearheading the efforts to power the Internet with 100 percent renewable energy. The report titled “Clicking Clean: How Companies are Creating the Green Internet” details how these Internet leaders along with a growing number of other tech companies have brought about a … Continue reading How the tech industry can help save the climate
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Norway wants to turn its huge oil fund greener
Oil-rich Norway moved Friday to target its huge sovereign wealth fund’s investments more closely at boosting green businesses, but environmentalists said the proposals were not strong enough. In its yearly policy paper on the fund — the world’s largest — the rightwing government also proposed giving the central bank, which manages the fund day-to-day, more … Continue reading Norway wants to turn its huge oil fund greener
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What is the future of fossil fuel?
After concluding that global warming almost certainly is man-made and poses a grave threat to humanity, the U.N.-sponsored expert panel on climate change is moving on to the next phase: what to do about it. The Intergovernmental Panel on Climate Change, or IPCC, will meet next week in Berlin to chart ways in which the … Continue reading What is the future of fossil fuel?
Continue readingAwaiting a Renewable Energy Future
Enel Green Power take part in a renewable energy conference in which some of the sector’s key players took a look at current market trends and corporate strategies within the international renewable energy industry. What does the future of renewable energy hold in store? What strategies are green energy businesses implementing internationally? In an age … Continue reading Awaiting a Renewable Energy Future
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Greenpeace report points to Google, Facebook efforts to green the Internet
Apple, which was given a low score by the environmental group two years ago, made the most gains in transparency, internal conservation efforts and the use and advocacy of renewable energy, Greenpeace said in a report. Google has been a leader in committing to renewable energy, with procurement deals to purchase wind power from utilities … Continue reading Greenpeace report points to Google, Facebook efforts to green the Internet
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First Megawatt Scale Photovoltaic PV Solar Energy Plant in Rwanda
BYD Company Ltd has just shipped Rwanda’s first photovoltaic solar energy system. The 8.58 Megawatt plant is expected to increase Rwanda’s total electrical generation by at least 8%, and it’s all renewable clean energy. The project is part of a plan to increase Rwanda’s renewable energy capacity by 500% in the immediate future. Located … Continue reading First Megawatt Scale Photovoltaic PV Solar Energy Plant in Rwanda
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