Energy

Energy And Corporate Leaders Declare Wind And Solar Can Power Business In Europe

Energy, Europe/Middle East/Africa, Policy

The private sector accounts for around half of the electricity consumption in Europe. Powering corporate consumers with renewable energy could deliver massive reductions in CO2 emissions, save businesses money and make it easier for people to invest in renewables. Large energy consumers such as chemical and aluminium producers, ICT and food & drink companies gathered recently in Brussels with renewable energy producers to consider how to unlock this potential. The RE-Source 2017 event brought together industry leaders such as Google, Mars, IKEA and Alcoa with energy players EDF Energies Nouvelles, ENEL Green Power, Envision and Vestas with policymakers.

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ASEAN Eyes Clean Energy To Fuel Economic Growth And Build Climate Resilience

Biomass, Carbon, Energy, Head Lines

Governments of ASEAN and the International Renewable Energy Agency (IRENA), have established a strategy to accelerate the region’s transition to low-carbon, sustainable energy and build its climate resilience. “Increasing investment in renewable energy across Southeast Asia’s growing populations has significant social and economic benefits across the region, liberating them from expensive fossil fuel imports while boosting economic growth, supporting energy security, job creation and national resilience,” said Adnan Z. Amin, co-chair of the Dialogue.

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India’s Vast Potential – Renewable Energy Can Meet 25% Of Its Energy Demand

Asia Pacific, Carbon, Energy, Head Lines

A new IRENA report states that India can meet 25% of its overall energy needs from renewable sources. “With one of the world’s largest and most ambitious renewable energy programmes, India is taking a leading role in the energy transformation both regionally and globally,” said IRENA Director-General Adnan Z. Amin. “India possesses a wealth of renewable resources, particularly for solar and bioenergy development, which can help meet growing energy demand, power economic growth and improve energy access, as well as boost overall energy security.”

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Paradigm Shift For Fueling Transportation? Innogy Presents Alternative To Oil

Carbon, Energy, Head Lines, Technology

The energy revolution is now also picking up speed in transportation. In the “Green Capital of Europe-Essen 2017”, MS innogy was christened and put into operation as a regular passenger vessel. It’s powered by an environmentally friendly methanol fuel cell. The energy required for the whole operation comes entirely from renewables. Peter Terium, CEO, innogy SE said – “with MS innogy we are enabling people to experience the energy revolution directly; show in a very practical way what a clean energy future without oil could look like. We can do this by producing green fuels such as methanol with renewable energy and using them to drive environmentally friendly ships, aircraft and heavy goods transport”

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EV Revolution To Hit Global Auto Industry Even Harder And Faster Than Expected

Carbon, Energy, Head Lines, Region

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to new research published by Bloomberg New Energy Finance (BNEF). Tumbling battery prices mean that EVs will not just have lower lifetime costs, but will also be cheaper to buy than internal combustion engine cars (ICE) in most countries by 2025-29. Colin McKerracher, lead advanced transport analyst, BNEF, said: “We see a momentous inflexion point for the global auto industry in the second half of the 2020s.

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NRG Systems And RK Systems To Commission India’s Tallest Lattice Met Tower

Americas, Asia Pacific, Deals & Finance, Energy, Wind

RK Systems created the 150m tower for one of India’s leading clean energy Independent Power Producers. The decision to commission the tower was spurred by the growing proliferation of taller turbines. The company overcame a number of design challenges to erect the 150m tower. To keep the tower stable, secure, and under the 250kg weight limit, a design was introduced, that used square tubes – a first in India. According to Arun Mehra, Director of RK Systems, “In response to the increase in hub heights, and in order to perform accurate resource assessment campaigns that reduce uncertainty, it has become necessary to capture data at these heights.”

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SolarEdge Launches Fastest EV Charging Technology; Combining Grid With PV Power

Energy, Region, Technology

SolarEdge Technologies, Inc., has unveiled the world’s first inverter-integrated electric vehicle (EV) charger. By supplementing grid power with PV power, the new Level 2 EV charger offers charging up to six times faster than a standard Level 1 charger with its innovative solar boost mode. The company’s HD-Wave inverter, once integrated with an EV charger, will not only provide the existing management and monitoring of solar production, but will also enable EV charging from a single inverter and dashboard. The combined solution also results in considerable cost savings on both hardware and labour.

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Solar Power Exceeds Wind Installations; Can Surpass 80GW In 2017, 1TW In 2021

Energy, Europe/Middle East/Africa, Head Lines, Policy, Solar

SolarPower Europe (SPE) has launched the ‘Global Market Outlook for Solar Power 2017-2021.’ The report confirms 2016 as another record year for solar, with global annual additions for solar growing by 50% with 76.6 GW installed. There’s now a total worldwide solar power generation capacity of 306.5 GW. James Watson, CEO of SPE said: “When looking at solar, the cost reductions experienced and predicted outstrip all other power generation technologies. Today, utility-scale solar is already cheaper than new gas, coal and nuclear power plants.”

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US: Clean Energy Now Providing More Electricity Than Nuclear For The First Time

Carbon, Energy, Head Lines, Solar, Wind

The latest issue of the U.S. Energy Information’s (EIA) “Electric Power Monthly” reveals that – for the first time since the beginning of the nuclear era – renewable energy sources are now providing a greater share of the nation’s electrical generation than nuclear power. “Renewable energy is now surpassing nuclear power, a major milestone in the transformation of the U.S. energy sector,” said Tim Judson, Executive Director of the NIRS. “This gulf will only widen over the next several years, with continued strong growth of renewables and the planned retirement of at least 7% of nuclear capacity by 2025.

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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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