Tech companies are leading the charge to power their operations with renewable energy. By the end of 2020, Amazon had moved to the front of the pack, surpassing Google for the first time. More companies are signing on to science-based decarbonization targets, in which one key aim is to use only fossil-fuel-free electricity. But when […]
Why Africa Hasn’t Kickstarted Its Renewable Energy Boom
Africa has a solar energy potential of as much as 1,000 GW and wind potential of 110 GW, not to mention 350 GW in hydropower potential and 15 GW of geothermal potential. And yet, all this huge potential remains largely untapped, even though solar and wind farms are getting so cheap, they are said to […]
Japan lags as economies worldwide shift to renewable power
Flexibility in grid operation holds key to expanding green energy TOKYO/FRANKFURT: The 21st century is becoming the age of renewable power as economies around the world ramp up their decarbonization efforts. But as the costs of solar and wind generation dramatically decline, Japan is lagging behind in its efforts to implement green electricity. In the […]
Japan on track to achieve 2030 renewable power goal
Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal. But cost pressure could grow further as the country’s consumer surcharge to fund renewable electricity is set to rise higher than previously predicted. Japan’s renewable power sources will account for 22pc […]
Clean Energy, Total sign JV for renewable natural gas production
The joint venture, owned equally by both firms, will have an initial firm commitment of $100 million to build renewable gas production facilities U.S. alternative fuels supplier Clean Energy Fuels Corp and its largest shareholder, European oil and gas producer Total SE, announced terms of a new joint venture on Thursday focused on renewable natural […]
US-China tensions threaten global climate change efforts
The fast cuts in carbon needed to stave off the worst of climate change are all but impossible unless these countries work together and basically trust each other’s pledges. The world’s hopes for curbing climate change hinge on action by two giant nations whose relations are deteriorating: China and the United States. The two countries […]
Tata Power DDL rolls out live peer-to-peer solar energy trading project
Tata Power DDL and Power Ledger in collaboration with India Smart Grid Forum (ISGF) have rolled out live peer-to-peer (P2P) solar energy trading, a first-of-its-kind pilot project in Delhi, a statement said. Tata Power Delhi Distribution and Australian tech firm Power Ledger on Wednesday announced the launch of the first live peer-to-peer solar energy trading […]
Spanish energy companies to carry the torch for renewable deals
Rising demand for environmentally friendly investments is focusing attention on Spain’s under-exploited solar and more established wind sector MADRID/LONDON : Several Spanish clean energy companies are planning stock market listings or stake sales within the next two years, taking advantage of a market boom in green assets to raise funds to build more wind farms […]
How crowdfunding can accelerate Indonesia’s renewable energy development
MENAFN: The Conversation Indonesia’s increasing internet penetration is a boost for crowdfunding , which gathers small amounts of capital from a large number of individuals to finance a new business venture. It’s a powerful tool to gather funds quickly, cheaply and easily from the general public. A study by Statista estimates the value of crowdfunding […]
Renewable energy listed for first time as one of Australia’s top infrastructure priorities
Australia should prioritise large-scale renewable energy options to replace ageing thermal generators, infrastructure body says Renewable energy zones and dispatchable energy storage have been listed as “high priority initiatives” by Infrastructure Australia for the first time. The energy initiatives are among 44 new infrastructure proposals on the priority list, released on Friday, which together represent […]