Funding rounds for off-grid solar continue to scale, as does the list of traditional energy companies as backers. Nearly two months after solar lantern startup d.light design expanded its pay-as-you-go financing system for solar lanterns and home solar systems, the company has raised $22.5 million in a Series D debt and equity round to help… Keep reading →
The global coal industry continues to expand with new coal-fired power plants planned or being built throughout the developing world, especially in Asia where coal remains the preferred low-cost fuel option for power generation. Building up coal mining operations, constructing new coal-fired power plants and developing infrastructure requires billions of dollars in initial investments. Where… Keep reading →
Here’s something to keep in mind when you encounter a story detailing the fast rate of growth of renewable energy somewhere: It’s not good enough. Big change is afoot, and some learned observers are less pessimistic than others, but there’s little mistaking what a desperate situation the world is in. The latest reminder comes in… Keep reading →
This is the latest installment in our Energy Startup Series that gives executives at cutting-edge energy firms an opportunity to share insights and experiences about the energy industry, their careers and their companies. With a background in finance and advising multinational companies, Mark Borman has found his calling at an innovative wind turbine company out of… Keep reading →
Italian firm Eni won rights to develop the Offshore Cape Three Points (OCTP) block in Ghana that is expected to start up in 2017. “This project promises to deliver up to 170 million cubic feet of gas per day for the next 20 years and put Ghana on its way to a future where one… Keep reading →
Notoriously complex global energy issues encompass science, economics, politics, the environment, demographics and social dynamics. And sometimes it seems nothing is more complicated than charting a course that effectively mitigates the worst impacts of climate change. One of the most stubborn problems is finding a way to simultaneously address energy poverty while reducing global carbon… Keep reading →
The energy poverty issue is being drawn into stark relief in India, where the government is pursuing an aggressive coal expansion strategy as it seeks to bring electricity to the over 300 million people without. The New York Times reports air quality in cities is worse than China, rising seas will impact the country disproportionately… Keep reading →
The main reason carbon emissions are unlikely to decrease in the short term? Coal. Leave it to Manhattan Institute Senior Fellow Robert Bryce to rain on the renewable energy parade. It’s not that he is anti-renewable energy, or even pro coal, but his analysis starkly demonstrates current energy fundamentals and projected trends, which are heavily… Keep reading →
In September, India’s new environmental minister, Prakash Javadekar, caught world leaders off-guard at the UN Climate Summit when he told The New York Times that his country’s carbon-dioxide emissions were expected to continue to rise for the next 30 years. Considering India’s energy needs today, and how it hopes to develop in the coming decades,… Keep reading →
Lighting “consumes about 19% of the world’s electric power, more than all nuclear and hydroelectric plants can produce together (which is about 15% in total),” according to Grant Feller of the World Economic Forum. With significant future projected power demand and over a billion people without proper access to electricity (see Breaking Energy ‘energy poverty’… Keep reading →
