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Energy
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according…
The Investment Case for Energy Transition in Africa
Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed at national and regional levels,…
Panasonic Is Building a Comprehensive Energy Management System for Homeowners
Panasonic’s batteries underpin the electric vehicle revolution as we know it today, thanks to an early partnership to supply its 18650 lithium-ion cells from Japan to Tesla for its Model S and X vehicles. More recently, Panasonic’s new 2170 cells…
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price…
Siemens Gamesa in Deal to Provide Clean Electricity to 240,000 People in Vietnam
Vietnam has some of the best wind resources in Southeast Asia. In an effort to tap the country’s potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the…
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies…
Clean Energy at the Heart of Stimulus Plans to Counter the Coronavirus Crisis?
The impact of the coronavirus around the world and the resulting turmoil in global markets are dominating global attention. As governments respond to these interlinked crises, they must not lose sight of a major challenge of our time: clean energy…