10 June 2016 10:34 AM GMT

Even with the 2nd largest energy consumption and expenditure in the USA , California has some of the lowest per capita consumption patterns in the country. This; when combined with its robust renewable energy production (nearly 4000MW solar projects installed), and a more diversified energy portfolio, sees it trailblazing towards its landmark energy targets. In addition, shielding its economy from the volatility of oil prices, California provides a model that can be used nationally, as well as globally.

June 6th 2016
A World After Oil: Saudi Arabia Plans $2 Trillion Fund Transforming Its Economy

Saudi Arabia is planning to create a $2 trillion sovereign wealth fund to reduce the country’s reliance on oil and fundamentally change its economy. The fund will then be in a position to buy the four largest publicly traded companies in the world; among them Apple Inc., Alphabet Inc. (Google parent company), Microsoft Corp. and Berkshire Hathaway Inc. and still be left with over a billion remaining. It’s a vision driven by the Deputy Crown Prince Mohammed bin Salman of Saudi Arabia who stated “undoubtedly, it will be the largest fund on Earth.

May 30th 2016
Masdar Boosts Small-Scale Projects In Remote Pacific Islands With $50Mn Fund

Abu Dhabi’s state-owned renewable energy company Masdar has announced the inauguration of a series of renewable energy projects in the Pacific Island countries and territories, made possible by the $50 million UAE-Pacific Partnership Fund (UAE-PPF). The projects are designed to drive economic growth and sustainable development across the islands, in addition to job creation and capacity-building efforts. Highlights included cyclone-proof wind turbines, space-optimising solar solutions, and plants providing 50 percent of local energy requirements.

May 26th 2016
Unprecedented Unity As Record Numbers Of Nations Sign Climate Change Agreement

To enter legal force, the Paris Agreement needs a minimum endorsement from 55 countries, representing no less than 55% of greenhouse gas emissions. The World Resources Institute states that with more than 171 countries signing, these represent a total of 93% of global emissions. Among the most welcome surprises were the world’s biggest greenhouse gas emitters; China, India, Brazil and the US, who all signed the treaty. The volume of first-day-signatures broke the record held by any international treaty to date.

May 17th 2016
Facebook, Google Lead Initiative To Add 60GW Of Clean Energy To US Grid By 2025

Microsoft, Facebook, and Google/Alphabet, along with power group Invenergy, GM, Honda, and Amazon, are among the 60 companies backing a group which aims to add 60GW of clean energy and renewable power capacity to the US grid by 2025. Four non-governmental organisations have come together to form the Renewable Energy Buyers Alliance (REBA), a new coalition to inspire and empower multinational companies to transform electricity systems with clean and renewable energy.

 
May 1st 2016
Renewable Energy Generation Investment Surges, Outstripping Coal and Gas

In 2015, coal and gas-fired electrical energy generation drew less than half the record investment made in wind, solar and other renewables; one of numerous important firsts for clean energy. For the first time in 2015, developing world investments in renewables surpassed those of developed nations. The renewable market was dominated by wind and solar PV, which added a combined 118GW in generating capacity. Global investments in renewable energy since 2004, now total $2.3 trillion.

April 27th 2016
Australia’s CEFC Commits US$72 Million to Bioenergy Fund

Australia’s Clean Energy Finance Corp. has committed A$100 million (US$72 million) to the new Australian Bioenergy Fund.

April 22nd 2016
Earth Day Call For Vision And Courage To Meet Climate Targets

The Global CCS Institute has called for urgent action to address carbon dioxide (CO2) emissions through proven carbon capture and storage (CCS) technology. With 155 countries indicating their intention to sign the historic Paris COP21 agreement, Page calls upon them to “reduce emissions from every possible sector of the global economy – urgently and without bias,”. “All low carbon technologies must be part of the conversation – including renewables, nuclear power, energy efficiency, and CCS.

April 17th 2016
Concord Blue, Lockheed Martin Pen $43m Contract For 5MW Energy From Waste Plant

Five thousand homes and businesses in Herten, Germany, will soon benefit from a clean, renewable energy source as Lockheed Martin and Concord Blue begin phase two of a new power generation facility that will transform waste into energy. Under phase two, Concord Blue has awarded Lockheed Martin Energy a $43 million contract to proceed with all engineering, procurement and construction of the 5MW plant with a planned completion date in 2017. In 2014, the two companies announced plans to build the facility […]

April 1st 2016
Reliable, Affordable and Clean Energy: SDG&E Announces Major Contracts

San Diego Gas & Electric (SDG&E) has signed a 20MW energy storage facility agreement, capable of storing enough electricity to power 28,000 homes for up to 4 hours. The project can store supplies of solar, wind and other resources when they are abundant and inexpensive, releasing this during peak hours when customer demand is high. The company also signed an 18.5MW energy efficiency agreement. Both contracts aim to provide customers with reliable, affordable and clean energy.

March 30th 2016
Climate Scientist Calls For Pricing Fossil Fuels To Accelerate Energy Transition

Former NASA climate director and Columbia University scientist, James Hansen has long called for a straightforward rising price on greenhouse gas emissions, which he argues would “quicken the transition to cleaner energy.” We could already be phasing out fossil fuel emissions, if only we stopped allowing the fossil fuel industry to use the atmosphere as a free dumping ground for their waste. “This is a tragic situation, because it is unnecessary,” he says

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