decarbonisation

IEA: Solar the 'brand-new king' of power, will certainly exceed for decades to find

Solar is the "brand-new king" of electrical power, the International Energy Agency has claimed, with the asset course set to release more brand-new capability after that any other innovation each year for the coming decades.

Oct 13, 2020 // Market Research, UTILITY-SCALE SOLAR, IEA, Fatih Birol, decarbonisation, covid-19, grids

BP: Up to 550GW brand-new solar and wind capacity could be included each year by 2030

Assisted by falling manufacturing costs and policies motivating a change to green energy, renewables' share of the international energy mix can rise from 5% in 2018 to nearly 60% by 2050, BP has said in its newest energy expectation report.

Sep 14, 2020 // Markets & Finance News, energy transition, bp, decarbonisation, covid-19, net zero, lightsouce bp, Bernard Looney

New 100GW US energy storage space objective 'completely practical and possible', states ESA

The United States Energy Storage Association (ESA) has actually taken on a target of 100GW of energy storage capability in the country by 2030, an ability it said would assist facilitate better penetration of renewables.

Aug 26, 2020 // Storage, USA, ENERGY STORAGE, Battery Storage, North America, Kelly Speakes-Backman, policy, decarbonisation, renewables, ESA, regulation

Nonrenewable fuel source majors have to 'develop, not buy' their way right into renewables, RWE CFO states

Oil and gas majors moving aggressively into renewables have to construct and also not buy their way in, or their contribution to worldwide carbon reduction efforts will certainly be considerably minimal, RWE's CFO Markus Krebber has actually said.

Aug 14, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Total, finance, rwe, Markus Krebber, shell, bp, decarbonisation, renewables, m&a, o&g

LONGi joins listing of solar producers dedicating to 100% renewable power

LONGi Green Energy has ended up being the current solar supplier to unveil its target of obtaining 100% of its power demand from renewables.

Aug 10, 2020 // Manufacturing News, First Solar, JinkoSolar, LONGi, Li Zhenguo, decarbonisation, renewables

First Solar indications 15-year PPAs with The golden state neighborhood teams for 100MW solar-plus-storage plant

Power purchase agreements (PPAs) have actually been authorized in between First Solar and also 2 area power utility teams for power from a 100MW solar energy plant with 50MWh of power storage space in California's Kern County.

Apr 24, 2020 // Plants, Large-Scale, Commercial, California, USA, Power Purchase Agreements, utilities, thin-film, North America, decarbonisation, community energy, vertical integration, Tom Habashi, Girish Balachandran

Renewables set new records in Germany, but ‘second pillar’ solar needs to accelerate even further

Renewables contributed some 43% of electricity consumption in Germany in the first nine months of 2019 – a new record – however doubts remain over the country’s chances of meeting future targets.

Nov 1, 2019 // Markets & Finance News, Germany, solar pv, Europe, decarbonisation, renewables, Stefan Kapferer, Frithjof Staiß

Government-backed solar farm to help power Australia mining hub

An Australian utility is to develop a 60MW solar farm that will be connected to two iron mines in Australia, transforming them into the first to be run entirely by renewables during the day.

Oct 20, 2019 // Plants, Large-Scale, Commercial, Australia, pv power plants, solar pv, solar-plus-storage, Oceania, mining, Darren Miller, baywa r.e., decarbonisation

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