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Search Results for renewable energy source
‘Carbon Bubble’ Could Spark Global Financial Crisis, Study Warns
Plunging prices for renewable energy and rapidly increasing investment in low-carbon technologies could leave fossil fuel companies with trillions in stranded assets and spark a global financial crisis, a new study has found. A sudden drop in demand for fossil…
Construction Delays Make New Nuclear Power Plants Costlier than Ever
The cost of building new nuclear power plants is nearly 20 per cent higher than expected due to delays, a new analysis has found. A new analysis of the history of nuclear power plant projects shows since 2010 delays have…
World’s Largest Battery and Rapid-Charge Network Launches to Accelerate EV Adoption
London-based Pivot Power unveiled plans to build the world’s first national network of grid-scale batteries and rapid-charge stations across the UK to accelerate electric vehicle (EV) adoption and to usher in low-carbon transport. The ambitious £1.6 billion ($2.1 billion) initiative…
Tesla Unveils 18.2MW Big Battery in Belgium
Tesla has unveiled its latest large-scale battery project, this time in Europe, where an 18.2MW collection of 140 Powerpacks and inverters has been connected to the grid in Terhills, Belgium The project – which Tesla says took six months to…
California Poised to Be First State to Require Solar Panels on New Homes
California is set to require solar panels on new homes and low-rise apartment buildings starting in 2020, the first such mandate in the country and the state’s latest step to curb greenhouse gas emissions. “Adoption of these standards represents a…
World’s Largest Offshore Wind Turbine Can Power 16,000 Homes
The world’s largest and most powerful offshore wind turbine will test its wings at an innovative facility in northeast England. The 12-megawatt Haliade-X, developed by GE Renewable Energy, stands 853 feet tall, or about three times the height of the…
European Investment Bank Commits €50 Million To Build 9 Spanish Wind Farms With 300 Megawatts Of Capacity
The European Investment Bank announced on Thursday that it would commit €50 million in loans to finance 9 wind power projects developed by the Spanish firm Forestalia Renovables which will be built in the Aragón region of Spain. With support…