Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise
LISBON, May 2, 2018 —The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies. Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heat...
Nevada Solar Applications Through the Roof Following Passage of Net Metering Bill (AB 405)
LAS VEGAS – The rooftop solar industry is shining once again in Nevada. NV Energy’s most recent annual plan noted a strong increase in applications for its SolarGenerations rooftop solar program following key state policy changes in 2017 that put the market back on track. SolarGenerations applications went from 287 in 2016 to 3,308 in 2017, with most applications coming in the second half of the year, after AB 405 was signed into law. This represents an 11-fold year-over-year increase an...
Amerlux, FSG Unlock $831B for Retrofits
OAKLAND, N.J. – Amerlux, an award-winning design-and-manufacture lighting company, announced today its collaboration with Facility Solutions Group (FSG) to launch a free energy audit program that will help municipalities and companies take advantage of $831 billion in federal reimbursements to fund LED retrofits before the monies expire. As part of the program, FSG will provide its world-class energy management services so cities, colleges and companies understand how much they could sa...
Engineers Get a Grip on Slippery Surfactants
HOUSTON – A Rice University group's innovative surfactant theory removes limitations of a 100-year-old model for interfacial behavior in enhanced oil recovery. The lab of Rice chemical engineer Walter Chapman customized a well-worn model to analyze surfactant-containing fluids that are pumped into wells to coax as much oil possible out of rocks deep underground. To accomplish the modeling task required a shift in thinking for the lab that uses sophisticated mathematical models to analyze...
Global Solar PV Inverters Market Will Decline from $6.3bn in 2017 to $3.7bn by 2022, Says GlobalData
The global solar photovoltaic (PV) inverters market will decline from $6.3bn in 2017 to $3.7bn in 2022, with Asia-Pacific (APAC) relinquishing its leading regional share to the Americas over the forecast period, according to GlobalData, a leading data and analytics company. The company’s report: ‘Solar PV Inverters - Update 2018’ states that solar PV inverters will hold an aggregate global market value of $22.2bn between 2018 and 2022, with an average annual value of $4.4bn during the same pe...
Wärtsilä 130 MW Flexicycle Power Plant Will Help Senegal Lower Energy Costs and Integrate More Renewable Energy
The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March, was placed by Matelec, contractor of the Independent Power Producer MPG (Melec Power Gen) and part of the Matelec Group, based in Lebanon. The project is part of...
The Evolution of Solar Power in 2017
The Evolution of Solar Power is the result of a cooperation between SolarPower Europe and renewable energy software company Greenbyte. The interactive map reveals the cumulative installed solar power capacity per country, continent and the world between 1992-2017. Now let’s dig into some of those figures and see what has happened in the past twelve months. Established solar power nations China and USA kept their impressive growth with over 25% new capacity added in 2017 respectively. Also not...
Siemens Gamesa Overtook Vestas Wind Systems as Top Wind Equipment Manufacturer in 2017, says GlobalData
Siemens Gamesa Renewable Energy SA (SGRE) claimed the top spot for the wind turbine manufacturing sphere in 2017, managing to install an impressive 9.43 gigawatts (GW) and overtaking Vestas, which ranked second with 7.52 GW of installations in 2017, according to GlobalData, a leading data and analytics company. SGRE gained ground with a 26.4% rise over the previous year’s installations, while Vestas saw a 14% fall in installations in the same period. Goldwind came in third, followed by Genera...
IFC Provides US$200 Million for the Port of Sergipe LNG Terminal and Power Plant
São Paulo, April 19, 2018 — IFC, a member of the World Bank Group, is providing a US$200 million 15-year financing to CELSE - Centrais Elétricas de Sergipe for the development, construction, and operation of the Port of Sergipe thermal power plant. IFC’s financing is supporting the diversification of Brazil’s energy matrix and the increase in access to reliable and affordable power, a critical component of the country’s long-term competitiveness and sustainable economic growth. ...
Economy and Human Welfare to Grow Under IRENA’s 2050 Energy Transformation Roadmap
Berlin, Germany, 17 April 2018 – Increasing the speed of global renewable energy adoption by at least a factor of six – critical to meeting energy-related emission reduction needs of the Paris Climate Agreement – can limit global temperature rise to two degrees, according to the latest edition of the International Renewable Energy Agency’s (IRENA) long-term renewable energy outlook. At the same time, the report finds that by 2050, the global economy would grow by one per cent and global welfare,...