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Search Results for renewable energy source
Renewable Energy Enables EU Climate Target Achievement At Lower Cost
Renewable energy can be developed in Europe at significantly lower cost than assumed in the modelling assessments accompanying the “Clean Energy for All Europeans”-Package. Since wind and solar energy are by far the cheapest energy sources for the low-carbon production…
BNEF: Renewables to Provide Nearly Half of Global Power Capacity by 2040
The dramatic collapse in renewable energy costs is showing no sign of abating, according to the latest report from Bloomberg New Energy Finance (BNEF). The influential analyst firm yesterday published its annual New Energy Outlook (NEO) Report, setting out its…
Duke Energy Behind North Carolina’s Proposed Solar Policy Change
Alongside Highway 401 in northern North Carolina is a 21st-century twist on a classic rural scene. A few miles outside of Roxboro, sheep graze among 5,000 panels at the Person County Solar Park, keeping the grass tidy on the rural…
NextEnergy Invests in ‘Subsidy-Free’ UK Solar Projects
In what could prove to be a major turning point for the UK’s embattled solar market, NextEnergy Solar Fund Ltd (NESF) has this week announced it has acquired a portfolio of projects it intends to develop “without subsidies”. The company…
Wind, Solar, & Energy Efficiency Replacing Coal In The UK
Wind and solar energy, as well as energy efficiency measures, are serving to replace the overwhelming majority of power which in the UK had previously been supplied by coal power, according to a new analysis conducted by Greenpeace’s Energydesk. The…
Tesla Now Powers this Island with Solar Energy
American automaker Tesla has recently built a solar energy project in Kauai in Hawaii, The Verge reported. The Kauai project consists of a 52 megawatt-hour battery installation plus a 13 megawatt SolarCity solar farm, it said. Tesla and the Kauai…
Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis
More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes in energy will reshape the sector. Slowing demand…