AES, one of the world’s largest energy companies worth some $37 billion, operates 35,000 megawatts in power plants across the globe. However, within a few weeks, this will all change. By acquiring sPower, this M&A transaction poses a new trend to the renewable energy sector: purchasing larger portfolios verses a project management approach to grow… Keep reading →
“Let me go to the trash and download your attachment.” — a statement coming near you.
A groundbreaking, just-filed blueprint to bring distributed solar, batteries, EVs and more into billion-dollar grid investment plans. Two years ago, California told its three big investor-owned utilities to do something they’ve never done before — make distributed energy resources (DERs for short) a fundamental part of their billion-dollar distribution grid investment plans. Under state law… Keep reading →
The Vatican may consider divesting its holdings in fossil fuels without a categorical commitment, a Catholic church official has stated, despite Pope Francis’s call for bold action to fight climate change and global warming. “The statement – made at a press conference on Wednesday to discuss the pope’s recently released encyclical on the environment –… Keep reading →
2015 is gearing up to be a very interesting year for the United States’ solar Market. The US installed 6.2 GW of solar in 2014, that’s a 30% increase over installed capacity in the previous year. All available indicators point to even more capacity added this year. Solar modules and installation costs have decreased dramatically,… Keep reading →
The International Renewable Energy Agency (IRENA) has just published its 2015 Annual Review on “Renewable Energy and Jobs” and estimates that globally renewable energy jobs (excluding large hydropower) reached approximately 7.7 million in 2014. Renewable Energy Employment in Selected Countries Source: IRENA The graphic above illustrates that familiar suspects can be found among the world’s… Keep reading →
Brazil’s federal government appears to be dedicating serious effort – at long last – to developing the country’s solar industry. Although Brazil has a population of nearly 200 million, it only has 42 MW of cumulative installed capacity. For the sake of comparison, that level of capacity is roughly on par with the state of… Keep reading →
Prices of solar cells and solar panels have fallen dramatically over the last few years. This (and state subsidies) has been good for the advancement of this amazing renewable energy source, and solar energy can today be seen as an established energy source, reliable and well distributed, cost competitive with traditional non-renewable energy sources and… Keep reading →
Solar power is on the brink of becoming profitable in Japan and when it does, the technology will have achieved “commercial viability” in all of the G7 countries, Reuters is reporting. “Solar has come of age in Japan and from now on will be replacing imported uranium and fossil fuels,” said Tomas Kåberger, executive board chairman of Japan… Keep reading →
SolaRoad Performs Better Than Expected, Remains Pointless
By Pete DankoHere we go again. Last week it was a wind turbine without a turbine that won the Internet. This week, a solar bike path in the Netherlands – a fun extravagance that has no hope of making a meaningful difference in anyone’s energy future – is drawing massive attention. What will it be next week? I predict… Keep reading →