Author / Calvin Cao
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World Bank Offers $1 Billion for Batteries in Emerging Markets
The World Bank Group committed $1 billion to finance battery-storage systems in developing and middle-income countries, and expects its participation to attract another $4 billion in backing from investors as well as public and private funds. Source: Renewable Energy
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US Production, Consumption of Non-Hydro Renewables Hit Record High in 1H 2018
Non-hydro renewable energy sources (i.e., biofuels, biomass, geothermal, solar, wind) set new U.S. records for both production and consumption in the first half of 2018, according to a SUN DAY Campaign analysis of data just released by the U.S. Energy Information Administration (EIA). Source: Renewable Energy
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Renewables in UK Energy Mix Hit All-time High
The share of renewables in the UK’s electricity generation hit a record high of 31.7 per cent in the second quarter of 2018, while coal dropped to an all-time low of only 1.6 per cent. Source: Renewable Energy
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Corbyn Vows to ‘Kickstart a Green Energy Revolution’ in the UK
The Leader of the Opposition in the UK has vowed to “kickstart a green jobs revolution that will help tackle climate change, provide sustainable energy for the future and create skilled jobs in every nation and region” of Britain. Source: Renewable Energy
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Statkraft plans annual investments of US$1.2 billion in renewable energy, including hydropower
Statkraft has announced it is planning annual investments of about NOK10 billion (US$1.2 billion) in renewable energy from 2019 to 2025, including “large upgrades of Nordic hydropower.” Source: Renewable Energy
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Indian Solar Tariff Questions Answered: Will They Delay Modi's Goals?
India has imposed duties on imports of solar equipment from China and Malaysia lasting two years. The aim is to kick-start a domestic industry that’s failed to take off in the face of ever-cheaper imports of solar cells and modules. China accounted for 89 percent of imports in the last financial year. The protectionist move…
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Former Coal Plant Now Home to Community Solar + Storage Facility
On Tuesday, ENGIE North American and Holyoke Gas and Electric (HG&E) christened the largest grid-scale energy storage system in the commonwealth of Massachusetts. The 3-MW / 6-MWh system is integrated with the 5.6-MW Mt. Tom community solar farm, one of the largest community solar farms in the state. The solar farm went online in 2017.…
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China Sets New Renewables Target of 35 Percent by 2030
China is stepping up its push into renewable energy, proposing higher green power consumption targets and penalizing those who fail to meet those goals to help fund government subsidies to producers. Source: Renewable Energy
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Rhode Island Charts a Course for a Cleaner Grid
Rhode Island is a small state with big energy ambitions. Like many states, however, those ambitions are complicated by an outdated electric grid. Source: Renewable Energy
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Michigan Utilities Upgrade Pumped Storage Plant ahead of Renewable Push
The Ludington Pumped Storage Plant along Lake Michigan could play a bigger role on the grid as utilities use more variable renewables. Source: Renewable Energy