Global renewable energy capacity rose 8.3 percent in 2013, fueled by technological advances, cost reductions and supportive government policies, particularly among developing countries, according to REN21’s sixth annual review. Solar power capacity has grown an average of over 54 percent over the past five years.
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If we implement the right policies and frameworks, we can achieve large-scale deployment of renewable energy that creates jobs, increases incomes, improves trade balances and contributes to industrial development, according to a new report by the Clean Energy Ministerial’s Multilateral Solar and Wind Working Group.
The report, econValue – The Socio-economic Benefits of Solar and Wind Energy, analyzes the circumstances under which renewable energy can boost economies and benefit communities by studying the effects of solar and wind energy on the environment, economy, and society. Produced by the International Renewable Energy Agency (IRENA), the report provides a framework to help policy makers analyse the various economic opportunities that may be offered by solar and wind sector development and the potential of various policy instruments to best realise those opportunities.
Jonathan Bas is VP of communications for SolarCity. I spent some time talking to Jonathan about SolarCity’s success and the state of the solar industry today.
Absent a high-enough price on carbon, a carbon tax, or direct levies on fossil fuel suppliers, “nuclear, hydro and natural gas combined cycle have far more net benefits than either wind or solar,” according to Brookings’ Charles R. Frank, Jr. The assumptions underlying and supporting the analysis highlight the shortcomings of economic models and thinking, however.
California businesses shoulder most of the burden of power demand charges that are among the highest in the nation. Installing Green Charge Networks’ intelligent energy storage-power management system could cut the Shore Hotel’s demand charges as much as 50 percent, and help it achieve LEED Platinum certification.
Last week was a busy and eventful one for the solar energy industry as market participants from across the U.S., and around the world, gathered in Anaheim, Calif. for the Department of Energy’s (DOE) “SunShot Grand Challenge Summit 2014.” Among the highlights: The Energy Department launched a $1 million solar “soft costs” innovation crowdsourcing contest and $10 million in R&D funding for six thermochemical energy storage projects.
The Hanwha solar profile will dominate the diversified company’s public image, thanks to a solar makeover for its Seoul headquarters.
Energy use in commercial buildings accounts for 17 percent of U.S. greenhouse gas emissions at a cost of more than $100 billion per year, according to the EPA.
Rather than fight over limited outlets and drive up electric bills, a few innovative companies are finding ways to offer renewable, free solar energy charging stations for community use.
Concentrating solar power is poised on the cusp of a major advance as the goal of integrating grid-scale thermal energy storage appears within reach. Aiming to keep the momentum going, the DOE released a new CSP industry report and announced $10 million in new R&D funding to develop cheaper and more efficient thermal energy storage technology.
“Vehicles capable of being charged directly from the road during operation could become the next pioneering step in the development towards reduced environmental impact,” says Volvo Group’s Niklas Gustavsson.
Fast fashion has become the hundred-billion dollar industry it is today on a very simple premise: As consumers, on face value, we will always chose the similarly styled $10 T-shirt over the $25 T-shirt. It’s unfortunately not that cut and dry.
Looking to replicate the success it has had in the U.S., the partnership with the United Nations Industrial Development Organization (UNIDO) and Global Environment Facility (GEF) will enable Cleantech Open to scale-up its startup accelerator programs geometrically as it expands across six countries whose economies are in transition.