Global clean energy investment slumped in the first quarter of 2015 to its lowest level in two years, down 15% from Q1’2014, according to Bloomberg New Energy Finance, which released its latest tracking statistics for the January to March period. Investment dropped to $50.5 billion in the first quarter, and … [continued]
So who’s left on the villains list — the roster of top national polluters in the developed world who have not yet made their contributions? For various reasons, Japan, Canada, Australia, South Korea, and South Africa have missed their INDC deadlines. Franz Perrez, the Swiss climate representative, told the Sydney … [continued]
German wind turbine manufacturer Nordex has secured an order to supply wind turbines to a project by Enel Green Power in South Africa. Nordex will supply 37 N117/3000 wind turbines to the 111 MW project by Enel Green Power at Gibson Bay in Eastern Cape province. According the Nordex, the project … [continued]
Enel Green Power has set the ball rolling on one of the wind energy projects it secured in auctions under the South African Renewable Energy Independent Power Producer Procurement Programme. Enel Green Power has secured a loan worth $170 million to set up a 111 MW onshore wind energy project at … [continued]
No longer is it simply the choice between CSP and PV plants for generating renewable electricity from our sun. A growing number of hybrid plants are being launched that combine the assets of concentrating solar power with photovoltaic elements. Almost one year ago, US-based SolarReserve announced its Copiapó CSP-PV hybrid … [continued]
This morning the United Nations Environment Program released its 9th annual report on Global Trends in Renewable Energy Investment. The news is very good: 2014 was the best year ever for newly installed renewable capacity. The Frankfurt School–UNEP Collaborating Centre and Bloomberg New Energy Finance prepared the report. In spite of the 50+% collapse in … [continued]
In a written statement published on the Department of Energy & Climate Change website, the UK’s Secretary of State for Energy and Climate Change has announced that the UK Government, along with the UK’s Green Investment Bank, will back a new pilot program to the tune of £200 million to invest … [continued]
South Africa’s largest pension fund has announced investments worth $1.8 billion in two concentrated solar power projects allocated to developers under the Renewable Energy Independent Power Producers Programme auction. Public Investment Corporation (PIC) has announced that it will take a 20% stake each in two CSP projects with an investment … [continued]
The renewable energy company Enel Green Power, a subsidiary of the giant firm Enel, has begun construction on 3 new solar photovoltaic (PV) power plants in South Africa, according to recent reports. Altogether, once completed, the 3 power plants will possess a reported 231 megawatts (MW) in generating capacity — representing … [continued]
Last week, an intriguing notion grew out of a set of graphs presented by well-known consultant Bernard Chabot about the progress of wind and nuclear power in the BRICS-minus-Russia nations. With data from the International Atomic Energy Agency, the OECD’s Nuclear Energy Agency, and BP, Chabot researched the status of wind and … [continued]
