Indonesia aims to double its use of renewable energy in 10 years. It plans to have 30,000 megawatts of power generated from geothermal, hydro, wave and solar energy. But the high initial investment in green infrastructure and limited state budget is a major deterrent. And Jakarta is inviting private sectors to chip in as … Continue reading Indonesia plans to have 30,000 megawatts from geothermal energy, hydro, wave and solar energy
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Proposed clean power plan would accelerate renewable energy additions and coal plant retirements
EIA’s analysis of the Environmental Protection Agency’s proposed Clean Power Plan (CPP) shows that renewables play a critical role under a range of different market conditions and policy assumptions. The key difference across the various scenarios analyzed involves the timing and the extent that wind and solar electric generating capacity additions occur, as well as … Continue reading Proposed clean power plan would accelerate renewable energy additions and coal plant retirements
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New U.N. climate fund to take risks to promote renewable energy
A new United Nations fund set up to help developing nations tackle climate change will take bigger risks than many international lenders to promote innovative green technologies, the head of the fund said on Friday. Hela Cheikhrouhou, executive director of the Green Climate Fund (GCF), told Reuters that donor pledges of $10.2 billion so … Continue reading New U.N. climate fund to take risks to promote renewable energy
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Ikea allocates EUR 600m more for wind energy and solar power
IKEA, the world’s biggest furniture retailer, plans to spend 1 billion euros ($1.13 billion) on renewable energy and steps to help poor nations cope with climate change, the latest example of firms upstaging governments in efforts to slow warming. Chief Executive Peter Agnefjall said the measures would “absolutely not” push up prices at the … Continue reading Ikea allocates EUR 600m more for wind energy and solar power
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Acciona to expand renewable energy in southern Africa
Spanish renewable energy firm Acciona aims to intensify its footprint in the green energy business in Southern Africa to ride the wave of a market it sees trebling by 2050, an official said on Tuesday. The Madrid-listed firm last year linked its solar plant in South Africa’s Northern Cape to the ailing power grid, … Continue reading Acciona to expand renewable energy in southern Africa
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India’s renewable energy capacity is 33,000 MW
India, under Prime Minister Narendra Modi, has set ambitious renewable energy (RE) targets of 100,000 MW of solar power, 60,000 MW of wind power, 10,000 MW of energy from biomass and 5,000 MW from small hydroelectric projects (175 GW of total renewables) by 2022. Currently, India’s clean energy capacity is 33,000 MW. Improving education … Continue reading India’s renewable energy capacity is 33,000 MW
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China’s investment in renewable energy soars
China invested more than US$89 billion in renewable energy projects in the country in 2014 – a growth of 31% on the previous year, according to a detailed report on the country’s energy sector. The soaring increase is revealed in a report by the US government’s Energy Information Administration (EIA). But it adds that … Continue reading China’s investment in renewable energy soars
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Renewable Energy Must Be Key Component of U.S. Energy Policy
Energy industry leaders will meet today in Washington D.C., to discuss renewable energy as an important component of U.S. energy policy – key to addressing the issues of climate change, energy security, and economic development. According to an earlier IRENA report released earlier this year, the U.S. can increase the use of renewable energy in … Continue reading Renewable Energy Must Be Key Component of U.S. Energy Policy
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Potential of renewable energy sources in Azerbaijan exceeds 12,000 megawatts
Wind energy accounts for 4,500 megawatts, biomass – 1,500 megawatts, geothermal energy – 800 megawatts, and the remaining 350 megawatts from small hydro power plants. Despite the fact, that solar power is most profitable in comparison with other alternative resources in Azerbaijan now, the difference between solar and wind energy is not drastic. Moreover, a … Continue reading Potential of renewable energy sources in Azerbaijan exceeds 12,000 megawatts
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U.S. Renewable Energy use highest since 1930s
Renewable energy use in the United States hit its highest level last year since the 1930s. The country used green energy to meet 9.8% of its total energy needs, the Energy Information Administration reported Thursday. Total energy includes power used for homes, buildings, industry, vehicles and other uses. It was the highest percent of … Continue reading U.S. Renewable Energy use highest since 1930s
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GE Energy Consulting Study Shows Western Grid Can Withstand Disturbances under High Renewable Penetrations
This week, at the American Wind Energy Association’s (AWEA) WINDPOWER 2015 conference and exhibition, GE’s Energy Consulting business (NYSE: GE) presented the results of the Western Wind and Solar Integration Study Phase 3 (WWSIS-3). The study, a collaborative effort between the National Renewable Energy Laboratory (NREL) and GE, showed that, with the use of good, … Continue reading GE Energy Consulting Study Shows Western Grid Can Withstand Disturbances under High Renewable Penetrations
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Renewable energy, wind power and solar energy, seen generating one million jobs in India
The renewable energy sector, a particular focus of attention for Prime Minister Narendra Modi, has generated 400,000 jobs till 2014, according to a report released by the International Renewable Energy Agency (IRENA). The sector could generate a million jobs by 2022, if the government reaches its goal of 100 giga watts (GW) of solar … Continue reading Renewable energy, wind power and solar energy, seen generating one million jobs in India
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Renewable energy, geothermal energy, solar energy and wind power resources, can satisfy Djibouti’s power needs
The IRENA report has suggested that Djibouti tap into geothermal energy, solar energy and wind power resources to generate more electricity. In the report titled Djibouti Renewable Readiness Assessment, the target could be achieved by shifting focus to geothermal, wind and solar, in addition to strengthening the existing interconnection with the Ethiopian power grid … Continue reading Renewable energy, geothermal energy, solar energy and wind power resources, can satisfy Djibouti’s power needs
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Brazil and Chile Leading Strong South American Renewable Energy Growth to 201
Brazil’s cumulative installed capacity for renewable energy will grow from 19.8 Gigawatts (GW) in 2013 to over 32.9 GW by 2017. Wind power will overtake biomass as Brazil’s leading renewable energy market during the forecast period, says report. Brazil will spearhead renewable energy additions in South America to 2017, with the country’s cumulative installed … Continue reading Brazil and Chile Leading Strong South American Renewable Energy Growth to 201
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Renewable Energy Employs 7.7 Million People Worldwide
More than 7.7 million people worldwide are now employed by the renewable energy industry, according to a new report released today by the International Renewable Energy Agency (IRENA). This is an 18 per cent increase from last year’s figure of 6.5 million. The report, Renewable Energy and Jobs – Annual Review 2015, also provides a … Continue reading Renewable Energy Employs 7.7 Million People Worldwide
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Renewable Energy Target in Australia: 33,000 gigawatt hours which equates to about 24 per cent of wind power and solar energy
Under the new deal, the RET – which was a bipartisan commitment of five per cent clean energy by 2020 – will be cut from 41,000 gigawatt hours to 33,000 gigawatt hours which equates to about 24 per cent of wind power and solar energy by the end of the decade. After more than … Continue reading Renewable Energy Target in Australia: 33,000 gigawatt hours which equates to about 24 per cent of wind power and solar energy
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Queensland targeting 50% renewable energy by 2030
Minister for Energy and Water Supply Mark Bailey said Queensland is open for business and keen to capitalise on the state’s world class solar resources. Mr Bailey told the Australian Solar Council in Melbourne this week the government had a vision to see projects of the future become a reality – like the Mount Emerald … Continue reading Queensland targeting 50% renewable energy by 2030
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The Great Transition to Renewable Energy, Solar Power and Wind energy
The global transition to clean, renewable energy and away from nuclear and fossils is well under way, with remarkable developments happening every day. The Great Transition by Lester Brown, Janet Larsen, Matt Roney, and Emily Adams lays out a tremendous range of these developments – here are seven that may surprise you. 1. … Continue reading The Great Transition to Renewable Energy, Solar Power and Wind energy
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Bahrain government pushes for solar energy
Plans to increase the adoption of renewable energy in Bahrain will be prepared by the Cabinet as it explores green alternatives to traditional power sources. Information Affairs Minister Isa Al Hammadi told a Press conference after the weekly Cabinet session yesterday (May 11) that the government would work on a futuristic programme for the energy … Continue reading Bahrain government pushes for solar energy
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Hawaii Lawmakers Pass Nation’s First 100% Renewable Energy Requirement
Hawaii lawmakers voted 74-2 this week to pass the nation’s first 100% renewable energy requirement. The measure, House Bill 623, makes Hawaii a global leader in renewable energy policy by requiring that 100% of the islands’ electricity must be generated from renewable energy resources–such as wind energy, solar power, and geothermal energy-no later than 2045. … Continue reading Hawaii Lawmakers Pass Nation’s First 100% Renewable Energy Requirement
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