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World Bank Commits $54.4 Million To Reliable Electricity & Renewables In Mongolia
The World Bank announced last week that it would contribute $54.4 million in financing to help the Mongolian government address important electricity reliability issues while also supporting the development of the country’s...
Report: Community Energy Projects Powering 130,000 UK Homes
More than 200 community energy organisations are now operating enough solar, hydro and wind schemes across the UK to power 130,000 homes, a new analysis of the nascent sector has revealed.
The first...
Thrive Renewables Funds 11.5 MW of Scottish Wind
British firm Thrive Renewables has supported 11.5 MW of wind power projects in Scotland with mezzanine loans, it said Thursday.
Financing from Thrive Renewables has helped Renewable Energy Ventures (REV) complete in time...
Renewables Generate 5% of Luxembourg’s Energy
Luxembourg’s has more than doubled the amount of renewable energy it generates since 2004, Eurostat figures show.
The proportion generated rose from 2.8% to 6.2% in 2015. As a proportion of energy consumed,...
Renewable Energy Enables EU Climate Target Achievement At Lower Cost
Renewable energy can be developed in Europe at significantly lower cost than assumed in the modelling assessments accompanying the “Clean Energy for All Europeans”-Package. Since wind and solar energy are by far...
BNEF: Renewables to Provide Nearly Half of Global Power Capacity by 2040
The dramatic collapse in renewable energy costs is showing no sign of abating, according to the latest report from Bloomberg New Energy Finance (BNEF).
The influential analyst firm yesterday published its annual New...
Duke Energy Behind North Carolina’s Proposed Solar Policy Change
Alongside Highway 401 in northern North Carolina is a 21st-century twist on a classic rural scene. A few miles outside of Roxboro, sheep graze among 5,000 panels at the Person County Solar...
NextEnergy Invests in ‘Subsidy-Free’ UK Solar Projects
In what could prove to be a major turning point for the UK's embattled solar market, NextEnergy Solar Fund Ltd (NESF) has this week announced it has acquired a portfolio of projects...
Wind, Solar, & Energy Efficiency Replacing Coal In The UK
Wind and solar energy, as well as energy efficiency measures, are serving to replace the overwhelming majority of power which in the UK had previously been supplied by coal power, according to...
Tesla Now Powers this Island with Solar Energy
American automaker Tesla has recently built a solar energy project in Kauai in Hawaii, The Verge reported.
The Kauai project consists of a 52 megawatt-hour battery installation plus a 13 megawatt SolarCity solar...
Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis
More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes...
IRENA To Work With State Grid Of China To Accelerate Energy Transition
The International Renewable Energy Agency and the State Grid Corporation of China announced their intention last week to increase their cooperation with the intent to advance China’s energy transition.
The State Grid Corporation...
Red States Lead on Renewables
A sweeping bipartisan bill to reform energy policies and encourage the growth of renewable energy was introduced by conservative lawmakers in the North Carolina legislature this week. The consensus bill, the result...
In Germany, Solar Panels are Transforming Home Life and Offering Energy Independence
In Germany, something of an energy transition is taking place. In 2016, renewables made up 29 percent of gross electricity generation, with wind power, biomass and solar photovoltaics leading the way.
Now, a...
DONG Energy to Power Up 2MW Battery Storage System at Burbo Bank Wind Farm
DONG Energy has unveiled plans to install a 2MW battery storage system at its existing Burbo Bank offshore wind farm in the Irish Sea by the end of the year in order...
Record Amounts of Green Energy Added to Global Grid in 2016
The world is still building new wind and solar farms at breakneck speed despite a slowdown in investment coming into the sector, new figures published today by REN21 reveal.
A record 161GW of...
