Carbon

Emerging Markets Catching Up Fast To Germany, UK, China As Top For Investments

Carbon, Deals & Finance, Energy, Head Lines, Region

Allianz Climate and Energy Monitor, which assesses the low-carbon investment climate in G20 countries, has revealed that over the past year, most G20 states improved low-carbon energy investments conditions, with several emerging market countries rapidly catching up to the leaders. Policies supporting solar and wind investments are starting to pay off and India, South Africa, Brazil and Indonesia emerge as high-need hotspots for renewable energy investments. The rapid development of the renewable energy sector is a crucial success factor for meeting the Paris climate goals.

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Wind Power Can Provide Energy On Coldest Days: Met Office, Imperial College

Carbon, Efficiency, Europe/Middle East/Africa, Wind

A new study by climate scientists has advanced the understanding of the potential for wind power to provide energy during the coldest spells of winter weather. The team, which involved scientists from the Met Office Hadley Centre, Imperial College London and the University of Reading, compared wind power availability with electricity demand in winter and they found an interesting result. The team found that during the highest 5% of energy demand days, one-third produce more wind power than the winter average. “The very coldest days are associated with a mix of different weather patterns, some of which produce high winds in parts of the UK.

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Industry, Political Leaders United In Opposition To Trump’s 2018 Budget Slasher

Americas, Carbon, Head Lines

The Trump administration has released its fiscal year 2018 budget proposal, which includes significant cuts to the DOE and EPA. Already, industry and political leaders are speaking out in response, as their fears are confirmed. The budget would make huge cuts in renewable energy research and eliminate agencies within the DOE that fund energy technology projects. Across the spectrum, many are voicing that the cuts could potentially ‘devastate’ an emerging economic sector, whilst also damaging its future prospects with major cuts to groundbreaking renewables research.

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US Wind And Solar Surge: Providing Majority of New Generating Capacity Q1 2017

Biomass, Carbon, Geothermal, Hydro, Policy

According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) “Energy Infrastructure Update” (with data through March 31, 2017), wind and solar provided 50.84% of the new electrical generating capacity added to the U.S. grid during the first quarter of 2017. Significantly, renewables power sources are now almost 20% of the total US electrical generating capacity. If current growth rates continue, renewables should top 20% before the end of this year. Generating capacity from renewable sources is now more than double that of nuclear power (9.10%) and rapidly approaching that of coal (24.25%).

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Smart Renewable Energy Forum: Digitalization Driving The New Energy World

Carbon, Solar, Technology

The digital transformation in the energy industry has fundamentally changed the electricity landscape. In the future, the energy supply will be ensured by a range of renewable energy plants, storage systems and consumers acting as prosumers. The Smart Renewable Energy Forum at Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is, therefore, focusing on new concepts and technologies for digital networking along the energy value-added chain from May 31–June 2.

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Overall Investment Down But Global Renewable Capacity Surges To Record Levels

Carbon, Region, Solar, Wind

As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 percent lower than the previous year, according to new research. For instance, new investment in solar totalled $113.7 billion, down 34 percent from the record high in 2015, yet solar capacity additions rose to an all-time high of 75 gigawatts. “The investor hunger for existing wind and solar farms is a strong signal for the world to move to renewables,” said Prof. Dr Udo Steffens, President of Frankfurt School of Finance & Management, commenting on record acquisition activity in the clean power sector, which rose 17 percent to $110.2 billion.

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Today, Every Fifth Utility Company In Germany Offers Photovoltaics To Households

Carbon, Energy, Europe/Middle East/Africa, Policy, Solar

The energy transition is changing the face of the energy market and its stakeholders. For utilities, this process also means a restructuring that will affect all areas. The energy transition involves products and services in the energy efficiency, mobility, electricity and heat sectors. It, therefore, creates numerous opportunities for utilities to grow by coming up with innovative solutions, but it also brings many risks. Customer relationships are changing. Simple power delivery is being replaced by more complex prosumer relationships. The portfolio of utility companies now consists of products such as photovoltaic installations and electrical storage systems, as well as new services in the mobility sector.

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The Evolution of Solar: 10 Years of Solar Pride in San Francisco With Intersolar

Americas, Carbon, Deals & Finance, Solar

2017 marks the 10th anniversary of Intersolar North America, a leading trade event that has grown alongside the solar industry. During this decade, the U.S solar industry has seen exponential growth. Since 2007, photovoltaic (PV) solar installations have skyrocketed from 1,063 megawatts in 2007 to 14,762 megawatts in 2016. Intersolar North America has been there every step of the way and experienced a similar boom. More than 550 exhibitors and more than 18,000 visitors participated in Intersolar and ees North America in 2016, with an even larger crowd expected to attend in 2017.

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JA Solar’s Module Shipments to India Reach 1GW; Strengthens Regional Position

Asia Pacific, Carbon, Solar

JA Solar has announced that the company’s cumulative module shipments to India have reached the milestone of 1GW of capacity equivalent to electricity generation of approximately 1.7billion kWh, which can reduce carbon emissions by 1.47 million tonnes annually. This further strengthens the company’s position in India, which is emerging as one of the largest PV markets in the world. Globally, JA Solar now has cumulative shipments of over 20 GW and the company does business in more than 92 countries around the world.

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Renewables For Philippines: Accelerated Development And Energy Independence

Biomass, Carbon, Hydro, Solar, Wind

A new report released by the IRENA, says that renewable energy policy making and institutional evolution can support Philippines’ development momentum and allow it to achieve energy independence. “Like many countries in its region, the Philippines faces a growing population and rising energy demand to power economic growth. Uniquely, the archipelago is also frequently exposed to tropical storms and natural disasters that affect its energy structure. Renewable energy can play a role in helping the country achieve greater energy security and distribution despite these challenges,” said IRENA Director-General Adnan Z. Amin.

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