21 May 2017 09:15 AM GMT

Russia can increase the share of renewables in its energy mix from roughly 3 percent today to more than 11 percent by 2030, according to new findings by IRENA. The growth in renewable energy use would represent nearly a fourfold increase in the share of renewables between 2014 and 2030. To implement the study’s recommendations, an annual investment of approximately USD 15 billion per year between 2015 and 2050 is required, but IRENA shows that the benefits can exceed costs when externalities related to human health and climate change are considered. According to current estimates Russia has the largest wind potential in the world.

May 21st 2017
US Wind And Solar Surge: Providing Majority of New Generating Capacity Q1 2017

According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) “Energy Infrastructure Update” (with data through March 31, 2017), wind and solar provided 50.84% of the new electrical generating capacity added to the U.S. grid during the first quarter of 2017. Significantly, renewables power sources are now almost 20% of the total US electrical generating capacity. If current growth rates continue, renewables should top 20% before the end of this year. Generating capacity from renewable sources is now more than double that of nuclear power (9.10%) and rapidly approaching that of coal (24.25%).

May 11th 2017
Today, Every Fifth Utility Company In Germany Offers Photovoltaics To Households

The energy transition is changing the face of the energy market and its stakeholders. For utilities, this process also means a restructuring that will affect all areas. The energy transition involves products and services in the energy efficiency, mobility, electricity and heat sectors. It, therefore, creates numerous opportunities for utilities to grow by coming up with innovative solutions, but it also brings many risks. Customer relationships are changing. Simple power delivery is being replaced by more complex prosumer relationships. The portfolio of utility companies now consists of products such as photovoltaic installations and electrical storage systems, as well as new services in the mobility sector.

April 24th 2017
India’s Solar Objectives Get Major Boost with 750MW Rewa Ultra Mega Solar Park

India’s State Government of Madhya Pradesh has signed agreements making Rewa Ultra Mega Solar Park a reality and helping India get closer to its 100 GW solar energy goal by 2022. IFC, a member of the World Bank Group, is the lead transaction advisor for the project that will mobilise $550 million in private investment and avoid a million tonnes of GHG emissions. The 750 MW capacity project was auctioned in three packages of 250 MW each and will be one of the biggest single site solar projects in the world.

April 15th 2017
Intersolar North America In Its 10th Year: Blazing a Trail Where Others Follow

Celebrating its 10-year anniversary, Intersolar North America will once again be the first major solar event of the year. It takes place July 11-13 at the Moscone Center in San Francisco and is co-located with ees North America and SEMICON West. These combined events bring together professionals from the solar, energy storage and semiconductor industries to share knowledge and innovation, network, and accelerate business goals. With its consistent growth to 18,000+ attendees in 2017, Intersolar North America is the most-attended solar event in North America.

 
April 5th 2017
Large-Scale PV Finance Amongst Hot Topics At Intersolar Europe Conference 2017

The increasing number of investments in large-scale PV plant constructions worldwide are raising new questions about the industry. What options are available for financing PV power plants? Which markets will be relevant in the future? What is the role of smart renewable energy, i.e. combining energy generation, storage, and management? Experts are set to discuss these at the Intersolar Europe Conference, taking place in Munich (May 30–31). The event runs alongside Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, (May 31–June 2).

March 28th 2017
Can Women Solve The Skills Gap Problem In A Rapidly Growing Clean Energy Sector?

Women can and should address the skills gap problem in the rapidly growing clean energy sector – globally. That is the bold declaration from Dr. Nina Skorupska CBE, Chief Executive of the Renewable Energy Association (REA); who addressed a significant consequence of the pace of the global energy transition upon the release of Global Energy Talent Index (GETI), the world’s largest global energy sector skills, recruitment, and employment trends report, released by Energyjobline and Airswift.

March 28th 2017
Xcel Files 1,230 MW Wind Proposal Claiming $2.8Bn Customer Savings Over 30 Years

Xcel Energy has filed a proposal, seeking approval to construct the 522MW Sagamore wind facility in New Mexico and the 478MW Hale wind facility in Texas, as well as a long-term PPA in Texas for 230MW supplied by the Bonita wind facility. The utility company forecasts that this will save customers located in both states approximately $2.8 billion over a 30-year period, borne from integrating the lower-cost wind energy resources into the company’s energy portfolio. The additional 1,230 MW of wind energy is enough electricity to power more than 440,000 typical homes, according to Xcel.

March 16th 2017
World Bank Approves $480m Guarantee As Argentina Drives Towards Clean Energy

The World Bank has approved a $480 million guarantee to stimulate investment in clean energy in Argentina. The Bank guarantee will support the Fund for the Development of Renewable Energy (FODER), which facilitates financing of projects under the RenovAr program of the country’s Ministry of Energy and Mining. This initiative seeks to stimulate power generation from wind, solar, biomass, biogas and small-scale hydro sources to achieve the country’s 20 percent renewable energy target by 2025.

March 5th 2017
DEWA To Build 97 New Substations To Meet Future Energy Demand

DEWA plans to build 97 new 132/11 kilovolt (kV) substations over the next three years, at a projected cost of AED 10 billion, supporting the directives of its leadership and showing DEWA’s commitment to meeting growing demand for energy in Dubai. The new substations will be located at Hassyan, the Mohammed bin Rashid Al Maktoum Solar Park, and other locations to support the expansion of other power plants in Jebel Ali and Al Aweer.

February 24th 2017
Indian Surge Propels Ingeteam To Become Top Supplier Of Wind Power Converters

Ingeteam has announced that it achieved a new record year for the deliveries of its wind power converters worldwide. With nearly 5 GW of new capacity added in 2016 alone, a total of 36.5 GW of wind turbines have been equipped with Ingeteam’s technology since 1995, making the Spanish company the world’s number one supplier of wind power converters. Its record performance was particularly impressive in large emerging wind markets, despite intense competition. Deliveries to India and Brazil reached a peak volume of 1,268 MW and 837 MW, respectively, in 2016.

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