ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developing Countries, Invite Applications
Abu Dhabi, UAE – The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded US$350 million (AED1.285 billion) IRENA/ADFD Project Facility, the current funding round of US$50 million in concessional loans marks the sixth of seven annual cycles. “In just the last few years, renewable energy has emerged as one of the most e...
Renewable Energy Can Be Strengthened in Next Round of Climate Negotiations
Bonn, Germany — Countries have an opportunity to significantly increase renewable energy ambition within Nationally Determined Contributions (NDCs), and to accelerate its deployment in line with climate objectives under the Paris Agreement, per a new report by the International Renewable Energy Agency (IRENA). Released today at the UN Climate Change Conference in Bonn, Germany, the report found that current NDCs and energy strategies can be substantially enhanced to meet global climate objec...
New Wave of Renewable Energy Projects Totalling 1GW Announced in South Australia
A raft of battery storage and renewable energy projects announced overnight has further cemented South Australia’s position as a global leader in the field. Meeting in the state capital of Adelaide yesterday, the Board of ZEN Energy approved a strategic plan to establish 1GW of additional dispatchable renewable generation assets. The assests will support long-term electricity supply contracts with South Australia’s large industrial users to provide access to lower cost, reliable and low emiss...
UMass Amherst Study Finds More Support for Offshore Wind in New England than Public Perceives
AMHERST, Mass. – A new investigation of public estimates of support for offshore wind energy by researchers at the University of Massachusetts Amherst suggests, among other things, that participants who say they support wind power off the coast of New England significantly overestimated the level of opposition to this new technology among their fellow New Englanders. First author and graduate student Rebecca Sokoloski and her advisor, assistant professor in environmental conservation Ezra...
Greenbyte Releases an Infographic on Renewable Energy in France
Renewable energy software company Greenbyte releases a series of infographics on renewable energy production in the European Union. After covering Germany and the UK, it is time to take a closer look at the renewable electricity generation in France. The infographic focuses on data for wind, solar and hydro and sheds light on today’s renewable energy market as well as its evolution in Europe over the past 10 years. “We conducted an analysis of the European renewable energy market for inter...
Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030, Says IRENA
Tokyo, Japan — The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published today by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the report highlights. Launched during the ‘Innovation for Cool Earth Forum’ in Tokyo, Japan, IRENA’s Electricity Storage and Rene...
Greenbyte Releases a Series of Infographics on Renewable Energy in Europe
Renewable energy software company Greenbyte releases a series of infographics on renewable energy production in the European Union. After covering Germany, it is time to take a closer look at the renewable electricity generation in the UK. The infographic focuses on wind, solar and hydro power statistics from 2015 and sheds light on today’s renewable energy market as well as its evolution in Europe over the past 10 years. “We conducted an analysis of the European renewable energy market fo...
RES Begins Construction of EDP Renewables’ Hog Creek Wind Project
Broomfield, CO – Renewable Energy Systems (RES), a leader in the development, construction, and operation of wind, solar, transmission, and energy storage projects in the Americas, is pleased to announce that construction has begun on the Hog Creek Wind Project located in Hardin County, OH. The project, owned by EDP Renewables (EDPR), is on schedule to be operational before the end of 2017 and will provide enough clean electricity to power approximately 19,000 Ohio homes. RES completed the proje...
Climeon AB Receives a Conditional 300 MSEK Order to Produce Distributed Geothermal Electricity in Iceland
Climeon AB has entered a collaboration with Icelandic CP Energy Holding regarding a conditional order, subject to certain terms and financing being acquired, to deliver 100 Climeon Heat Power modules to be installed in Iceland as one of the world's first distributed geothermal power solutions. The value of the order is 30 MEUR, in addition to that the order also includes services which adds up to a total order value of approximately 300 MSEK. The modules will be distributed across 10 to 15 indiv...
Governments Adopt ‘Florence Declaration’ and Agree to Work Closer to Advance Geothermal Energy
Florence, Italy — Governments have agreed to work together to identify and implement measures that will significantly increase the speed of geothermal energy development around the world, following a milestone meeting between public and private leaders Florence this week. Under the terms of the ‘Florence Declaration’ – an outcome of the Global Geothermal Alliance (GGA) meeting – governments will actively pursue a collective ambition to realise geothermal potential. The meeting, entitled: ‘Wor...