Originally published on Sustainnovate. The top Chinese electric vehicle firm BYD has signed a new “preferred partner” agreement with the United Arab Emirate’s state-firm Masdar, according to recent reports. The agreement will see BYD help Masdar in the promotion of electric vehicles, battery energy storage systems, and reportedly autonomous vehicles … [continued]
Originally published on Sustainnovate. The MENA region — comprised of the Middle East and North Africa — will see a net benefit of $750 billion if the region’s current 2030 renewable energy targets are achieved, according to the International Renewable Energy Agency (IRENA) director general Adnan Amin. The comments — … [continued]
Renewables accounted for the lion’s share of all power and utility transactions during 2015, according to a new report from EY. EY’s new report, Power Transactions and Trends: 2015 review and 2016 outlook, highlights the increasing evidence that utilities and investors are using mergers and acquisitions (M&A) “as a strategic tool … [continued]
Originally published on Sustainnovate. By Henry Lindon The first phase of the Noor solar thermal project in Morocco — which totals 160 megawatts (MW) in capacity — was recently completed and connected to the country’s grid, according to reports. Once completed, the project — located in the Ouarzazate province of … [continued]
Originally published on Sustainnovate. By Henry Lindon Global energy efficiency investment will reach the $5.8 trillion mark by the year 2030, according to a new report from the International Renewable Energy Authority (IRENA). By that point, yearly energy efficiency investment will total around $385 billion, according to the report. This … [continued]
A new report from Bloomberg New Energy Finance has concluded that the levelized cost of electricity is closing between wind and solar with gas and coal. Bloomberg New Energy Finance (BNEF) published its Levelised Cost of Electricity Update for the second half of 2015 this week, and concluded that onshore … [continued]
A FOUR-PART SERIES ON THE POPE’S VISIT TO THE UNITED STATES The Catholic leader moved to a wider venue than Washington for his address to the United Nations General Assembly in New York City on Friday morning— wider because this time he spoke to the people of the entire world … [continued]
MAKE has updated its Global Wind Power Market Outlook Update with a global upgrade of 0.3% over the next 10 years. A global insight company focusing on renewable energy, MAKE Consulting published the Q3/2015 Global Wind Power Market Outlook Update on Tuesday, revealing a growing corporate and industrial class of offtakers … [continued]
Originally published on RenewEconomy The big fall in solar PV costs over the last five years is helping redefine the future of energy generation across the world, with grid parity in the retail market achieved in dozens of countries, and even beating wholesale prices in markets such as Chile and … [continued]
For the first time, research has conclusively demonstrated the link between climate change and human conflict. Colin P. Kelley, now of the University of California, Santa Barbara, and formerly of Columbia University’s Lamont-Doherty Earth Observatory, where the research was conducted, and three colleagues published their groundbreaking study in the online pre-print edition … [continued]
