Solar Power Companies Employ New Business Models to Generate Growth Opportunities and Overcome Price Barriers
London, UK – After a dip in 2016, the European solar power market recovered remarkably in 2017 to add 8.6 GW of solar capacity. This growth was largely driven by technological progress, cost reductions, and the development of novel business models such as on-site direct wire mini power purchase agreements (PPAs). This business model is particularly popular among large-scale solar project developers to overcome regulatory barriers, while fully automated energy management across all sectors and se...
TCI and CIER Partners With The Climate Group to Help Taiwanese Companies Commit to 100% Renewable Electricity
TAIPEI, Taiwan - The Taiwanese market links the global supply chain; from Apple to IKEA Group, Google to Unilever it creates products and services the world depends on. These companies have also all committed to using 100% renewable electricity, now Taiwanese companies are making the shift. The CIER-RE100 Partnership Launch event happened on November 12th and was hosted by the first Taiwanese company to make that commitment, TCI Co., Ltd. TCI has committed to sourcing 100 percent of its elect...
Growth of Renewable Energy in Australia will Depend on Decommissioning of Coal-fired Power Plants, says GlobalData
Australia has not been able to decommission its coal-fired power plants at the pace originally envisaged, which has turned out to be its biggest stumbling block in fast tracking renewable energy development, according to GlobalData, a leading data and analytics company. GlobalData's latest report, ‘Australia Power Market Outlook to 2030, Update 2018 – Market Trends, Regulations, and Competitive Landscape’, reveals that the coal-rich nation has been decommissioning its coal-fired power plants...
Renewables to Grow Fastest in India Amidst Continued Dominance by Thermal Power, says GlobalData
The renewable power sector will be the fastest growing sector in India, driven by solar and wind energy, though thermal power will continue to dominate, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘India Power Market Outlook to 2030, Update 2018 – Market Trends, Regulations, and Competitive Landscape’, reveals that though installed non-hydro renewable power capacity and generation levels are expected to race ahead at high compound annual growth r...
The Introduction of Photovoltaics Would Reduce Heating Bills For 120 Million EU Citizens In Winter Months
November 16, 2018: With heating season in full swing, as many as 120 million citizens living in the European Union - or 20% of the bloc’s entire population - are still living in what energy experts refer to as ‘energy poverty’ - the most common indicator of energy poverty is households spending in excess of 10% of their budget on energy bills. One of the driving factors behind energy poverty and the rising cost of heating bills across Europe is the European Commission’s regulated energy cost...
Fast-Growing Home Solar Leader Freedom Forever Brings Renewable Energy To Colorado Residents
TEMECULA, Calif., - Freedom Forever, the innovative residential solar energy installer, recently named one of America's fastest growing companies by Inc. Magazine, today announced its expansion into Colorado. Founded in 2011, Freedom Forever currently serves customers in California, Arizona and Nevada. The solar leader has selected Colorado as its next market because of the large growth potential for solar energy in that state, due to its climate and solar-friendly regulatory environment. With s...
Electriq~Global Launches Water-Based Fuel to Power Electric Vehicles
An Australian-Israeli startup has found a way to use water in order to power electric vehicles On October 29th and October 30th at EcoMotion 2018 ‘Smart Mobility Summit’ in Tel-Aviv, Electriq~Global will present its highly efficient, safe, clean, recyclable fuel to power electric vehicles. The fuel offers twice the range, at half the price with zero emission compared to existing fuels Melbourne, Australia & Haifa, Israel, Oct. 29, 2018 - Australian-Israeli startup Electriq~Global (www.Electri...
U.S. Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives
Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind turbine will be capable of generating 45% more electricity than the current largest offshore wind turbine. Incidentally, GE Renewable Energy will be in...
China’s Solar Subsidy Cuts will Help US Developers to Revive Projects and Jobs, says GlobalData
The move by China in May this year to slash subsidies for domestic utility-scale solar projects will ultimately benefit developers in the US who rely on imported solar panels to revive projects and jobs, says GlobalData, leading data and analytics company. Solar power developers in the US have been struggling since early 2018 due to two separate policy decisions announced in the US and China. In January 2018, the US government imposed tariffs of 30% on imports of solar products to safeguard t...
CGN EE Choose Greenbyte Energy Cloud for 900 MW of Wind and Solar Energy
CGN Europe Energy has chosen renewable energy management system Greenbyte Energy Cloud for their wind and solar PV farms. Greenbyte will be integrating CGN EE’s wind and solar assets in Europe and Africa, amounting to a total of 900 MW, and the collaboration will be ongoing for CGN EE’s future investments. The French-based and Chinese-owned company is managing a portfolio of 130 wind and solar farms in the UK, Ireland, France, the Netherlands, Senegal and Belgium and continues to grow on and...