9 August 2016 10:04 AM GMT

The U.S Department of Energy (DOE) has announced up to $7 million in project funding to accelerate the introduction of affordable, scalable, and sustainable high-performance fuels for use in high-efficiency, low-emission engines as part of the Co-Optimization of Fuels and Engines (Co-Optima) initiative.

August 4th 2016
UBM Focuses On Indonesia: Launches New Renewable Energy & Energy Efficiency Show

UBM has launched a major Renewable Energy & Energy Efficiency trade show in Indonesia; with an emphasis on optimizing the potential of renewable energy. It also has a strong focus on supporting the sector and contributing to national energy security. Tri Mumpuni – CEO of Institute of Public Business and Economic (IBEKA), attending the press launch of Renewable Energy Indonesia said: “The economic growth will boost domestic energy needs and this will, in turn, open up opportunities for public and private investments. The […]

August 3rd 2016
New York State To Generate 50% Of Its Electricity From Clean Energy By 2030

The third-largest state economy in the US will soon obtain half of its electricity needs from renewable energy thanks to a new measure approved by the New York Public Service commission. The Empire State’s new Clean Energy Standard will diversify the state’s electricity by requiring utilities and other energy suppliers to procure over 26 percent of the state’s electricity mix with clean and renewable energy resources, including solar and wind power, in 2017, and over 30 percent by 2021, rising to 50 percent by 2030.

July 20th 2016
SoftBank Investment In India Could Exceed $10 billion. Emphasis On Clean Energy

With a series of investments in India already, SoftBank claims its investments in the country will exceed $10 billion during the next 5 to 10 years. Masayoshi Son, Chairman, and CEO of SoftBank stated that the Japanese telecom and internet giant will make its first $350 million investment in a solar project in India. “We have already invested US $2 billion and we are interested in investing more,” he said. “India has a great future. We are interested in investing in Internet companies and also in solar energy. We would make strong commitments.”

July 14th 2016
Energy Generation: IEA Finds Notable Growth In Renewables, Decline in Coal, Oil

The International Energy Agency (IEA) shared that energy generation from renewable energy sources grew by 16% across the 34 nations of the Organization for Economic Cooperation and Development (OECD) in 2015. A 1% decrease in combustible fuels was also noticed; such as coal, gas, and oil, as well as combustible renewables and waste energy sources.

 
July 11th 2016
IT Innovation Essential For Upcoming Grid Integration Challenges Ahead

Modern IT solutions can act as a catalyst to accelerate the development of renewable energies, as they play a key role in adapting demand to the prevailing sun and wind conditions. Ulrich Dietz, CEO of GFT Technologies AG stated that successful implementation will require huge investments in the intelligent controlling and grid integration of wind and solar power. He believes that, in Germany, in particular, the IT industry can play a significant role in this change by formulating creative solutions. “If we are fast, we can create 50,000 new jobs in this field over the coming years at IT companies alone”. Experts forecast that 25 to 30 billion euros will have to be invested in Germany by 2030 and that the opportunities for German energy technology and the IT industry on the global markets for smart grids are immense.

July 5th 2016
Report: Renewables Can Supply All Of USA Power Needs

A new report lays out the reasons and means to alter the United States’s energy supply entirely to renewable energies. It examines the fall in wind and solar costs and the fact that solar growth has exceeded energy advocates’ expectations. It states that The United States has the technical potential to achieve its electricity needs more than 100 times over with solar energy and more than 10 times over with wind energy. Detailed studies on clean energy systems have shown that there are no obstacles in achieving a move to 100% renewable energy; it is entirely possible to make a complete transition at a cost that would be comparable or less than is currently spent on dirty energy.

July 4th 2016
Africa Sets 300GW by 2030 Clean Energy Target

Africa has launched the African Renewable Energy Initiative which aims to produce 300 gigawatts of clean energy for the continent by 2030.

June 29th 2016
E.ON CEO Unimpressed With Government Policy Changes; Calls For Market Stability

Michael Lewis, CEO of E.ON Climate and Renewables GmbH, has voiced caution on the UK government clean energy policy reversals. “The UK has been E.ON’s largest market in terms of gross investment but since the election last year, there have been a number of very substantial policy reversals here. This sends completely the wrong signals to investors.” He outlined that, the “EU generally and the UK specifically needs to come together and deliver some coherent policies across the renewable energy area”.

June 24th 2016
Chile Emerges As The Clean Energy ‘Tiger’ Of Latin America

Chile now plays host to the largest PV plants in Latin America. According to a CIFES report, the first quarter of the year saw an increase of around 254MW in solar, in addition to 6MW wind and small hydro and biomass projects. With this, the country continues to hold its position as the largest solar market in Latin America. While 10% of Chile’s power demand is now successfully met through renewable energy, their current volume is set to double under mandates set by new legislation, setting a new objective of 20% renewable energy in 2025, as well as further targets during the preceding years.

June 19th 2016
Stunning Growth of Clean Energy In Mexico

The recent state power auction in Mexico awarded 5.38 million megawatt-hours of energy to renewable energies; solar won 74 percent and wind won the remaining 26 percent. Solar in Mexico will now grow by an astonishing 521 percent in 2016, far exceeding projections made only months earlier. With the concentration of project developers in the country now matching the strategic objectives of its government, Mexico has the resources to become a strong and internationally significant clean energy hub.

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