Scaling up renewable energy in the Gulf Cooperation Council (GCC) countries would reap multiple benefits, according to a report released today by the International Renewable Energy Agency (IRENA). Renewable Energy Market Analysis: The GCC Region, finds that GCC countries could save 11 trillion litres of water withdrawal (a 16 per cent decrease), save 400 million […]
R&D
Late 2015 Pipeline Growth Signals Impending Rise in Global Energy Storage Market, IHS Says
Battery cost reductions, government funding programs and utility tenders led to a 45 percent increase in the global energy storage pipeline in the fourth quarter (Q4) of 2015 compared to the previous quarter. According to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, the global pipeline of planned battery and […]
The PV Market Alliance (PVMA) estimates photovoltaic installations of at least 51GW in 2015, perfectly in line with its last year report forecast,and short of most too optimistic expectations.
After 40 GW of PV installations in 2014, a confirmation of PVMA last January early estimate, 2015 experienced a significant growth with a market reaching at least 51 GW, exactly matching last year PVMA central scenario forecast. Strong growth was observed in all major markets while more emerging market started to contribute to the global […]
Creating successful business cases for solar-plus-storage
With rapidly developing technology, falling costs and innovative business models, solar-plus-storage is attracting a lot of attention at the moment, and with good reason. With every industry shakeup, there comes a range of business opportunities for those who are proactive and willing to adapt. Already a number of companies are clearly positioning themselves early in […]
A Roadmap for the New Power Generation
Industry estimates show that non-OECD countries will have to double their investments in electricity by 2040 to keep pace with demand. A new report from the World Economic Forum, released today, offers solutions to improve investment attractiveness of the power sector that would help to bridge this critical investment gap, as the countries face increased […]
Cheaper solar cells with greater efficiency in the offing
Scientists led by an Indian-origin researcher have developed a solar-panel material that can cut down on photovoltaic costs while achieving competitive power-conversion efficiency of over 20 per cent.Some of the most promising solar cells today use light-harvesting films made from perovskites – a group of materials that share a characteristic molecular structure.However, perovskite-based solar cells […]
Clean energy defies fossil fuel price crash to attract record $329bn global investment in 2015
Clean energy investment surged in China, Africa, the US, Latin America and India in 2015, driving the world total to its highest ever figure, of $329.3bn, up 4% from 2014’s revised $315.9bn and beating the previous record, set in 2011 by 3%.The latest figures from Bloomberg New Energy Finance show dollar investment globally growing in […]
India’s clean energy investments cross $10bn on solar surge
Renewable energy investments in India jumped to $10.9bn in 2015, up from an annual average of $8bn in the last three years. Solar PV investment leaped ahead of wind investments for the first time during the year due to a strong policy push for power from the sun. Investment in India’s renewable industry increased more than 22% in […]
Comprehensive Modeling Analysis shows that the Clean Power Plan is Achievable with a Range of Options to Boost Savings
M.J. Bradley & Associates has published a comprehensive modeling analysis of the Environmental Protection Agency’s final Clean Power Plan. The study released today finds that it can achieve significant reductions of carbon pollution from the nation’s power sector while preserving a diverse energy mix. Further, the analysis shows that the Clean Power Plan will increase […]
Clean energy to conquer new markets in 2016
The year 2015 has been characterized by the world’s commitment to clean energy. At least since the climate agreement at the United Nations Climate Change Conference, held in December 2015 in Paris, there is a global consent to reduce CO2 emissions and to encourage the usage of clean energy sources. The Swiss-based solar energy provider […]