RES
Bill Gates and EU Launch €100m Clean Energy Investment Fund
A new €100 million (£88m) clean energy investment fund has been launched by a fund led by Bill Gates, the European Commission and European Investment Bank (EIB). Initially announced in October last year, Breakthrough Energy Ventures Europe (BEV-E) will support…
India Invests More in Solar Than Coal for First Time
India invested more money in solar energy than coal-fired generation for the first time ever last year. That’s according to a new report from the International Energy Agency (IEA), which also highlights how the country’s total investments in clean electricity…
Microsoft Inks PPA for Dutch Offshore Wind Energy
Microsoft has signed a new deal to buy electricity from a 713.5MW offshore wind farm in the Netherlands. It is purchasing 90MW of power from the Borssele III/IV wind farm under a power purchase agreement (PPA) with Dutch developer Eneco.…
US to Become World’s Largest Market for Grid-Connected Energy Storage
The US is projected to take over South Korea as the world’s largest market for grid-connected energy storage this year. That’s according to new research, which suggests solar combined with battery storage as well as peaking capacity requirements are driving…
German Onshore Wind ‘Collapse’ Jeopardises EU Renewable Energy Goals
The “collapse” in the growth of onshore wind energy in Germany is jeopardising both the nation’s and the EU’s renewable energy targets. The warning comes from trade body WindEurope, which says Germany installed only 134MW of new onshore wind capacity…
Australia’s Capital Cities Face Water Restrictions as Dams Near 50%
Sydney, Darwin, Brisbane and Melbourne are all facing the prospect of dams below 50% capacity after low rainfall and high temperatures across the country. In Sydney, inflows are at their lowest since 1940. Greater Sydney’s 11 dams were at a…
Could a New Solar Technology Prove as Groovy as It Sounds?
Could a new solar technology prove as groovy as it sounds? A team of researchers from the University of Sheffield have worked with energy technology firm Power Roll to create an innovative new solar-cell design they say can push up…