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Energy Transition

Unused Green Energy Tests China’s Energy Leadership

Increasing amounts of that green energy have gone unused as China struggles to integrate wind and solar farms into an outdated and balkanized electricity network dominated by coal. China’s scramble to curb pollution has made it the world leader in renewable energy development, yet increasing amounts of that green energy have gone unused as the […]

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Renewable Energy Employs 9.8 Million People Worldwide: IRENA

“Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […]

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Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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Ripple effect of India’s energy shift visible globally

The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […]

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Renewable energy in key markets will see global power investment reach $443.5 billion in 2017: Frost & Sullivan

Frost & Sullivan notes that solar photovoltaic (PV) will be the fastest growing segment, followed by wind power, accounting for 37.5 percent and 21 percent of global investment, respectively, by 2020. Continued regulatory support for renewable energy in key markets will see global power investment reach $443.5 billion in 2017 said Frost & Sullivan in its report. […]

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ET Energy Commissions 26 MWp of Solar Projects in the UK

ET Energy acquired the development rights to these solar power projects during 2016 and sold them to funds managed by Octopus Energy Investments at the end of the year. ET Energy has built six solar power projects totaling 26 MWp in the United Kingdom on behalf of funds managed by Octopus Energy Investments. The solar […]

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Apple to Utilize 100 Percent Renewable Energy for Manufacturing in Japan

Apple has partnered with component supplier Ibiden to power all of its manufacturing in Japan with 100 percent renewable energy. Component supplier Ibiden is the first company in Japan to pledge it will power all of its Apple manufacturing with 100 percent renewable energy — a new milestone for Apple and Japan. The announcement marks […]

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Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding

ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […]

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