15 September 2017 11:15 AM GMT

Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting is the largest such ministerial gathering dedicated to geothermal energy development. Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 GW.

September 14th 2017
IKEA, Solarcentury Revolutionise Home Energy Market With Solar Battery Storage

Home furnishings expert IKEA has teamed up with leading solar firm Solarcentury to launch a new Solar Battery Storage solution to help homeowners make huge savings on their electricity bills by using more of the electricity that’s generated by solar panels. In addition, the battery storage system also increases the rate at which users can reap the benefits from their solar investment. With prices for Solar Panel and Battery Storage from IKEA and Solarcentury starting from as little as £3000, the new solutions can provide savings of up to £560 a year. Following Government plans to invest £246m in battery technology, saving consumers £40bn by 2050, battery storage is set to revolutionise the UK and international energy markets.

September 13th 2017
Italy: Local Government Works With Enel To Make Florence A Leading Smart City

Public and private electric mobility and energy efficiency are the cornerstones of the partnership between the Municipality of Florence and Enel. The historic city has now made a bid to become Italy’s most cutting-edge smart city and a recent meeting between the two provided the opportunity to take stock of the current situation and plan the next moves for projects that include, and are not limited to, energy efficiency, smart grids, smart lighting, district heating with solar storage, e-mobility and the Internet of Things (IOT); complete with resilience, security and smart waste.

September 12th 2017
Methanol ‘Green’ Fuel Cell Has Potential To Transform Large Scale Transport

Earlier this week, the MS innogy commenced operations for green tours on the beautiful Lake Baldeneysee. The passenger vessel, is the first in Germany to be powered by methanol fuel cells, is a part of innogy’s “greenfuel” project where they demonstrate the entire value chain of environmentally friendly methanol, from a green production of methanol using CO2 from the surrounding air, green electricity, and water, to the use of methanol as a fuel in the excursion vessel and in cars, ships, and aircraft. The demonstration took place in Essen – this year’s “Green Capital of Europe” and went hand in hand with the ambitious transition the city is undergoing in reinventing itself as a “Green City”.

September 11th 2017
Offshore Wind Prices Drop By 50% In 5 Years. Now Cheaper Than Nuclear And Gas

Offshore wind continues to highlight UK market leadership. During the last decade; government support and innovation combined with increases in turbine efficiency and sizes have resulted in the UK heading the global ‘installed capacity’ charts. Figures just published show that offshore wind is now the lowest cost option for large-scale, low-carbon power. Advances in turbine technology have contributed significantly to recent reductions in costs per megawatt hour. Huge blades, with a single rotation, now can generate enough energy to power a home for 24 hours. Impressively, by the mid-2020s turbine, capacities are set to double again.

 
September 1st 2017
India’s Vast Potential – Renewable Energy Can Meet 25% Of Its Energy Demand  

A new IRENA report states that India can meet 25% of its overall energy needs from renewable sources. “With one of the world’s largest and most ambitious renewable energy programmes, India is taking a leading role in the energy transformation both regionally and globally,” said IRENA Director-General Adnan Z. Amin. “India possesses a wealth of renewable resources, particularly for solar and bioenergy development, which can help meet growing energy demand, power economic growth and improve energy access, as well as boost overall energy security.”

August 30th 2017
US Electricity Generation – Renewables Level With Nuclear; Solar Growth Surges

The latest issue of the U.S. Energy Information’s (EIA) “Electric Power Monthly” reveals that renewable energy sources are level with nuclear power, in regards to their respective shares of the nation’s electricity generation, with each providing roughly 20% of the total. While renewables and nuclear are each likely to continue to provide roughly one-fifth of the nation’s electricity generation in the near-term, the trend line clearly favors a rapidly expanding market share by renewables compared to a stagnating, if not declining, one for nuclear power.

August 30th 2017
Paradigm Shift For Fueling Transportation? Innogy Presents Alternative To Oil

The energy revolution is now also picking up speed in transportation. In the “Green Capital of Europe-Essen 2017”, MS innogy was christened and put into operation as a regular passenger vessel. It’s powered by an environmentally friendly methanol fuel cell. The energy required for the whole operation comes entirely from renewables. Peter Terium, CEO, innogy SE said – “with MS innogy we are enabling people to experience the energy revolution directly; show in a very practical way what a clean energy future without oil could look like. We can do this by producing green fuels such as methanol with renewable energy and using them to drive environmentally friendly ships, aircraft and heavy goods transport”

August 30th 2017
French Giant ENGIE Develops 55 MW Wind Farm; First Mongolian Renewable Project

ENGIE has announced that it will build and operate the Sainshand wind farm in Mongolia, its first renewable project in the country, located in the Gobi desert. This project, which is the third privately financed wind farm in Mongolia, will support the government’s objective to evolve towards a greener economy and a better environment. A US$120m project financing package has recently been signed by a group of international investors and financial institutions to develop the project. The wind farm will have a total installed capacity of 55 MW and will provide the equivalent of the electricity consumption of 130,000 people in Mongolia.

August 25th 2017
Vestas Wins 424 MW Project; Largest Mexican Wind Park, And Strengthens Position

Vestas has received an order for the largest wind park in Mexico. The order consists of 123 V136-3.45 MW turbines for a 424 MW project in Mexico. With this contract, Vestas’ order intake from Mexico’s energy auctions reaches almost 500 MW. Zuma Energía placed the order for the Parque Eólico Reynosa project in the northeastern state of Tamaulipas, which will be one of the largest wind power projects in Latin America. The order consists of 123 V136-3.45 MW turbines for a 424 MW project in Mexico. With this contract, Vestas’ order intake from Mexico’s energy auctions reaches almost 500 MW.

August 17th 2017
Siemens Gamesa Installs Asia’s Tallest Turbines, Whilst Stepping Up Integration

Siemens Gamesa has set a new record in Asia by installing this year the tallest wind turbines on the continent. The turbines are equipped with 153-metre tall towers, and with the 56-metre blades, they reach a total height of 210 metres. Presently, a major focus for the company is the integration of the entities of Siemens and Gamesa. This has the objective of realising the new company’s substantial potential, thanks to its bigger scale and global reach: a presence in more than 90 countries, an installed base of 75 GW, and an order book of €21bn.

August 14th 2017
Offshore Wind Drives 6.1 GW Of European Wind Installations In First Half Of 2017

6.1 GW of extra wind energy capacity was installed in Europe in the first half of 2017, according to figures released by WindEurope. The figure puts Europe on course for a bumper year for installations, although hides some worrying trends. WindEurope Chief Policy Officer, Pierre Tardieu, said: “We are on track for a good year in wind capacity installations but growth is driven by a handful of markets. At least ten EU countries have yet to install a single MW so far this year. Although this won’t translate into lower installations for another few years, the industry needs clarity on volumes for the post-2020 period to maintain the current cost reduction trend”.

August 10th 2017
Major Realignment In Motorsport As Porsche Prioritises Formula E Over Le Mans

Significant changes in motorsport are taking place as Porsche implements its strategy to develop a combination of pure GT vehicles and fully electric sports cars, such as the first fully battery-powered Mission E road car. “Entering Formula E and achieving success in this category are the logical outcomes of our Mission E”, says Michael Steiner, Executive Board Member, R&D at Porsche AG. “For us, Formula E is the ultimate competitive environment for driving forward the development of high-performance vehicles in areas such as environmental friendliness, efficiency and sustainability”.

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