Molten salt batteries still account for a majority of existing grid storage installations, but Li-ion is rapidly taking over as the market matures, says Lux Research. Lithium-ion (Li-ion) batteries have become the dominant technology in grid storage, capturing a 90% share of systems proposed last year. Molten salt batteries still account for a majority of … Continue reading Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals
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Revenue from Electric Vehicle Charging Services is Expected to Reach $2.9 Billion Annually by 2023
A new report from Navigant Research analyzes the global market for PEV charging equipment sales and charging services, including global market forecasts for residential and commercial charging system unit sales and revenue from charging services through 2023. The market for plug-in electric vehicle (PEV) charging equipment (also known as electric vehicle supply equipment, or … Continue reading Revenue from Electric Vehicle Charging Services is Expected to Reach $2.9 Billion Annually by 2023
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Turkey aims to add 20 GW of wind energy, 5 GW of solar energy and 1 GW of geothermal energy by 2023
Turkey aims to add 34 GW of hydropower, 20 GW of wind energy, 5 GW of solar energy, 1 GW of geothermal and 1 GW of biomass by 2023. The European Bank for Reconstruction and Development (EBRD) and the Turkish Energy Ministry are joining forces to develop a renewable-energy action plan, the bank said … Continue reading Turkey aims to add 20 GW of wind energy, 5 GW of solar energy and 1 GW of geothermal energy by 2023
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Renewable Energy Can Fuel India’s Economic Growth
Scaling up renewable energy in India is the topic of the day as government officials, investors, and energy industry leaders gather in New Delhi, India to attend RE-Invest, the First Renewable Energy Global Investors’ Meet & Expo. The Director-General of the International Renewable Energy Agency (IRENA) Adnan Z. Amin, delivered today’s keynote address, stressing … Continue reading Renewable Energy Can Fuel India’s Economic Growth
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Maine Governor LePage and Iberdrola Chairman Ignacio Galan Discuss Recent Investments and Maine’s Energy Future
Investments in Maine’s energy infrastructure and plans for Maine’s energy future were the topic of discussion today when Governor Paul LePage met with Ignacio Galan, chairman of Iberdrola, Central Maine Power Company’s (CMP) corporate parent. Also attending the meeting were Bob Kump, chief corporate officer of Iberdrola USA and Sara Burns, president and CEO of … Continue reading Maine Governor LePage and Iberdrola Chairman Ignacio Galan Discuss Recent Investments and Maine’s Energy Future
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NordLink HVDC interconnector between Norway and Germany will use Nexans’ subsea power cables
First ever power interconnector between Norway and Germany will be Nexans’ largest subsea power cable contract to date in terms of length and value Contract value is approximately 0,5 Bn Euros. The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high … Continue reading NordLink HVDC interconnector between Norway and Germany will use Nexans’ subsea power cables
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Iberdrola and BMW launch corporate electric car sharing service
Iberdrola and BMW have launched the first corporate electric car sharing service in Spain, based on the i3 model by the German manufacturer. This 100% electric vehicle will be used at the electric utility’s centres in Madrid, Bilbao, Barcelona and Valencia. Alphabet, the contract hire , fleet management and corporate mobility company belonging to … Continue reading Iberdrola and BMW launch corporate electric car sharing service
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The cost of wind energy and solar power keeps dropping
A new study from the International Renewable Energy Agency laying it out in detail. Large wind power farms got cheaper between 2010 and 2014. Large-scale solar power got a lot cheaper. And at least some renewable plants are even becoming competitive with new fossil-fuel plants: The chart shows the “levelized cost of electricity” for different … Continue reading The cost of wind energy and solar power keeps dropping
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Electric Vehicles and the Grid: Business Opportunities for Vehicle-to-Grid (V2G) Integration Technologies
The growing number of plug in electric vehicles (PEVs) on roads will likely have profound impacts on the grid if the adoption of PEVs is not aligned with the spread of vehicle-grid integration (VGI) technologies. These VGI technologies enable grid operators to communicate with the PEV or its associated electric vehicle supply equipment (EVSE), to … Continue reading Electric Vehicles and the Grid: Business Opportunities for Vehicle-to-Grid (V2G) Integration Technologies
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The world’s largest direct-current grid connection at 800 megawatts (MW) has now taken up commercial operation
With this grid connection it is now possible to transmit 800 MW of clean electricity from wind power, enough to supply around one million German households. Siemens has handed over the first North Sea grid connection, BorWin2, to its customer TenneT. The German-Dutch transmission grid operator has accepted the project following successful completion of test … Continue reading The world’s largest direct-current grid connection at 800 megawatts (MW) has now taken up commercial operation
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Sales of Electric Trucks and Buses Are Expected to Reach Nearly 160,000 Annually by 2023
A new report from Navigant Research analyzes the global market for commercial vehicles that use electric drive vehicle technology, including global market forecasts for sales and the number of vehicles in use, segmented by country, drivetrain, and liquid fuel, through 2023. All electric power for commercial vehicles has always been a challenge, because … Continue reading Sales of Electric Trucks and Buses Are Expected to Reach Nearly 160,000 Annually by 2023
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Coal production drops in China
The country has quickly become a world leader in solar power and wind energy and aims to produce 20 percent of its electricity through non-fossil fuel sources by 2030, double the current share. China recorded its first drop in coal production since 2000 last year, as the world’s biggest greenhouse gas emitter pulls back on … Continue reading Coal production drops in China
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Renewable energy now cost advantageous, especially when cost of pollution is factored in
The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, the International Renewable Energy Agency (IRENA) revealed in a new report today. The landmark report, Renewable Power Generation Costs in 2014, concludes that biomass, hydropower, … Continue reading Renewable energy now cost advantageous, especially when cost of pollution is factored in
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Renewable energy costs in 2014: Wind energy and solar power now cheaper than fossil
The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies, the International Renewable Energy Agency (Irena) has revealed. Irena’s “Renewable Power Generation Costs in 2014” report concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, … Continue reading Renewable energy costs in 2014: Wind energy and solar power now cheaper than fossil
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Wind energy and solar power projects expected to add 78 megawatts in Jamaica
These are: a wind energy development, which is expected to provide an additional 58 MW, to complement the 30 MW currently generated by Wigton Wind farm in Manchester; and a solar power facility to generate approximately 20 MW of power, which is slated for Content in Clarendon. Science, Technology, Energy and Mining Minister, Phillip … Continue reading Wind energy and solar power projects expected to add 78 megawatts in Jamaica
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Chevy Bolt electric car could be the first mass-market EV success
General Motors on Monday showed its Chevrolet Bolt concept car with an electric driving range of more than 300 kilometres and a $30,000 price tag, offering a view into where the U.S. auto maker is pushing in development of electric vehicles. The all-electric Bolt is a concept car not currently slated for production, but Chief … Continue reading Chevy Bolt electric car could be the first mass-market EV success
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Rebound in clean energy investment in 2014 beats expectations
Surges in investment in offshore wind energy in Europe, and solar power in China and the US, helped to drive the 2014 global clean energy total up 16% to $310bn. Clean energy investment rose for the first time in three years in 2014, overcoming a slump in oil prices that unsettled the outlook for the … Continue reading Rebound in clean energy investment in 2014 beats expectations
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China cuts wind energy prices for wind farm projects
China has decided to cut wind energy prices of new wind farm projects that are approved after the end of last year and those completed after the end of 2015 by less than expected. A circular has been dispatched from energy industry regulator National Development and Reform Commission to local authorities and companies which said … Continue reading China cuts wind energy prices for wind farm projects
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Denmark Sets World Record For Wind Power Production
Denmark has been long been a pioneer in wind power, having installed its first wind turbines in the mid-1970s when oil shocks sent the import-dependent nation on a quest for energy security. Thirty-seven years later, the country has set a new world record for wind production by getting 39.1 percent of its overall electricity from … Continue reading Denmark Sets World Record For Wind Power Production
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Pakistan to pull solar power into grid
Pakistan has approved the use of grid-connected solar energy, rooftop solar installations and mortgage financing for home solar panels to boost uptake of clean energy in the country. The government has also reversed course and eliminated a 32.5 percent tax imposed on imported solar equipment in the country´s 2014-2015 budget. The reversal aims … Continue reading Pakistan to pull solar power into grid
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