Vancouver : Clir Renewables, the leading provider of performance assessment software for renewable energy, has today announced a partnership agreement with Lake Turkana Wind Power (LTWP), leaders in African renewable energy generation. Clir will enhance LTWP’s wind farm performance tracking and support its Kenya-based team in realizing potential opportunities for optimization. Kenya has committed to […]
The Future of Stationary Energy Storage is Led by Policy & Renewables
Electricity generation from renewable energies is growing on a daily basis and, to integrate their variable nature, energy storage systems are growing in parallel. IDTechEx have investigated the evolution of the energy storage market, forecasting its growth in the next ten years, in the new report: “Batteries for Stationary Energy Storage 2021-2031”. The evolving energy […]
Enel, Qatar’s Sovereign Fund to Develop Renewables in Africa
Enel SpA has signed a joint venture agreement with Qatar Investment Authority, the Middle East nation’s sovereign wealth fund, to own and develop renewable energy projects in Africa. Enel Green Power, a unit of the Italian utility, will partner with QIA, which will acquire a 50% stake in about 800 megawatts of projects built and […]
‘Growing momentum’ to make 2021 the global action year for sustainable energy
In a bid of optimism for the new year, the UN Development Programme (UNDP) expressed confidence that clean energy would grow in 2021. Despite that the world is not on track to meet climate objectives and achieve Sustainable Development Goal 7 (SDG7) for universal access to clean, affordable and reliable energy, Marcel Alers, UNDP Head […]
Cost of hydrogen from renewables could fall more than 50% by 2030, says TERI; projects five-fold demand growth by 2050
TERI’s new report states hydrogen can start to compete with fossil fuels in certain industrial applications by 2030, given enough government support We see hydrogen as our next big sunrise sector, Dr Rajiv Kumar, Vice Chairman, Niti Aayog, said at the launch December 16, New Delhi: The demand for hydrogen in India can grow […]
Report Outlines How US Could Reach 50% Renewables by 2030
Biden administration actions could double renewables by 2030, but new laws will be needed to achieve greater gains, Wood Mackenzie finds. The U.S. can get half of its electricity from renewables by 2030 — but it will take more than executive actions from the incoming Biden-Harris administration to get there. So finds a new report […]
I Squared Sells Grupo T-Solar to Cubico for $1.8 Billion
Infrastructure investment manager I Squared Capital has agreed to sell Grupo T-Solar to Cubico Sustainable Investments Ltd. for 1.5 billion euros ($1.8 billion). T-Solar has 274 megawatts of installed and regulated solar power capacity in Spain and Italy, according to an emailed statement from I Squared. The internal rate of return for the deal was […]
EQ Webinar on Role of Hydrogen in Renewables
Abu Dhabi Wealth Fund Targets Africa, Renewables to Lift Returns
Abu Dhabi’s top sovereign wealth fund is looking to Africa and renewable energy to generate greater returns, while relying more on artificial intelligence to mine data and spot new investment opportunities. “With an abundance of natural resources and young, growing and increasingly educated populations, African countries are among those offering the greatest potential for long-term […]
Philippines to save P13.5 billion yearly from shift to renewables
MANILA, Philippines : The Philippines is seen to save P13.5 billion annually if off-grid areas shift their power source from diesel to renewables, according to a report made by the Institute for Energy Economics and Financial Analysis (IEEFA). The report said an additional P1.4 billion to P1.7 billion could be saved by electric cooperatives (ECs) […]
