20 May 2018 08:45 AM GMT

European lawmakers have called for a renewable energy target of 35% for 2030 – rather than the 27% which the European Commission proposed in 2016. The MEPs have now backed measures substantially raising the European Union’s clean-energy ambitions. By 2030, more than one-third of energy consumed in the EU should be from renewable sources such as wind and solar power. The measures are intended to help cut carbon dioxide emissions. The EU is the world’s third-largest emitter of greenhouse gases after China and the United States, releasing about 10% of global emissions. 

May 15th 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

January 19th 2018
Energy Efficient, Award-winning Water Technology Launches Kickstarter Campaign

Solable, has announced a €30k Kickstarter crowdfunding campaign for its LaVie innovation at the Consumer Electronics Show (CES). LaVie is a patented technology that transforms tap water into pure mineral water without the need for a filter or add-on products. A household that consumes 1.5 litres of water per day indirectly consumes 500 litres of oil through the production and transportation of that water. For the first time, Lavie offers consumers the ability to purify water in a cost-effective and sustainable way – as a replacement for plastic bottled water.

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 

 
January 5th 2018
Hype Or The Future? Sectoral Coupling With Electricity-Based Fuels

Electricity-based fuels are at an early stage and deploying electricity from renewable energies to produce fuels such as hydrogen, synthetic liquid fuels or methane is crucial to avoid greenhouse gas emissions. There are significant reasons to boost this new and potentially massive sector. The German Federal Ministry for Economic Affairs and Energy (BMWi) is making around 130 million Euro available for creating incentives to utilise synergies for linking energy, transport and maritime industries. 

January 5th 2018
Nordex Benefiting Increasingly From Renaissance Of Spanish Wind Energy Market

The Nordex Group is benefiting increasingly from the renaissance of the Spanish wind power market: utility Gas Natural Fenosa Renovables (GNFR) has now ordered 58 AW132/3300 from the company in December. The contract covers the installation of six wind farms as well as multi-year services for the turbines. Construction of the first turbines will commence in the summer of 2018 and all the projects are located in regions of Spain where the Nordex Group has manufacturing facilities. In addition, the towers will be produced locally using the process developed by the company.

December 27th 2017
Rooftop PV Presents a $23 Billion Opportunity in India Over The Next 5 Years

India is accelerating development of renewable energy projects to provide cheap, reliable and clean power to its 1.3 billion people. The country’s per-capita on-grid electricity consumption has increased significantly over the four years; due to increased industrial activity, higher uptake of electrical appliances by residential electricity users and the addition of new consumers to the grid. During this period, the cost of electricity from rooftop PV has halved, due to fierce competition in the market and a drop in equipment prices. In contrast, average retail electricity rates have increased by 22% in the same period. This has made rooftop PV cheaper than commercial and industrial grid tariffs in all major states in India.

December 27th 2017
Volkswagen Strongly Commits To E-Mobility And Digitalisation, Investing €34 Bn

The Volkswagen Group has made a major announcement regarding its strategic goals until 2025. By the end of 2022: more than €34 billion is planned for the development of e-mobility, autonomous driving, new mobility services and digitalisation. Financial markets reacted positively to the Group’s strategic focus and Volkswagen’s share price were back at the pre-crisis levels. CEO Matthias Müller stated “We are reinventing the car. To achieve that, we are making targeted investments to provide the necessary funds from our own resources.” The Group has said it would electrify its entire model portfolio by 2030. 

December 23rd 2017
Veolia Awarded €95m Contract To Operate, Improve Reims Waste To Energy Plant

Veolia’s recycling and waste recovery business in France has been awarded a nine-year contract worth €95 million to operate and improve the Reims waste to energy plant. Treating the 60,000 metric tons of final waste generated each year by the Greater Reims population of 300,0000, this public service delegation contract maintains the target of continuously improving the site’s energy performance. This will be increased to 65% after works have been completed. This project to improve the plant also aims to greatly benefit the region.

December 15th 2017
Beyond Petroleum. BP Returns To Solar; Following Shell, Total Into Clean Energy

BP and Lightsource have announced a strategic partnership combining BP’s global scale with Lightsource’s solar expertise. BP will acquire 43% equity share in Lightsource for $200 million, with the majority of the investment funding Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP. BP is not alone in moving away from oil and gas and towards clean energy. Anglo-Dutch Shell is purchasing electric car infrastructure companies, France’s Total is acquiring battery storage firms and Norway’s Statoil is pioneering floating wind farms.

December 15th 2017
Vestas Strengthens In India. Wins 250 MW Wind Project: Its Largest Order To Date

Vestas’ has just gained strength in a strategically significant market for the company. Its extensive experience from around 4 GW of turnkey projects across the globe has secured its largest project in India to date. The record order was placed by Ostro Kutch Power Private Limited and awarded through India’s first wind power auction held in February 2017. The 250 MW turnkey order follows another 100 MW turnkey project in India earlier this year, taking the total order intake in India to more than 480 MW in 2017. The project starts in the third quarter of 2018, and includes delivery, installation, commissioning and servicing of the 125 turbines.

December 13th 2017
EDF Commissions 179 MW At Two Solar Power Plants In Nevada

Policy makers led by US Senator Harry Reid were present at a celebration formally recognising Switch Stations 1 and 2 solar power plants, with a combined generation capacity of 179 MWac, as fully commissioned and in commercial operation. Senator Reid stated “Less than a decade ago, Nevada’s solar energy landscape was nonexistent, but this commissioning helps fulfil the vision I had to make our state the leader in renewable energy development. A technology giant like Switch committing to using 100% renewable energy is truly visionary and grows our clean energy economy by creating hundreds of good-paying construction jobs here.”

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