Enel CEO Targeting Renewable-Energy Business in Middle East Rome-based utility owner Enel SpA is targeting renewables projects in Saudi Arabia and the United Arab Emirates as oil-rich Gulf countries take advantage of the falling cost of solar power to diversify their energy supplies. “We will wait for the first tenders in Saudi Arabia,” Francesco Starace, … Continue reading Enel CEO Targeting Renewable – Energy Business in Middle East→
Gas And Renewables Toppled Coal A Decade Early Cheap natural gas and renewables ousted coal as America’s leading energy source in 2015, a decade earlier than the Clean Power Plan predicted—and without the Clean Power Plan’s help, according to a new analysis. SNL Energy, a division of S&P Global Market Intelligence, published an analysis last … Continue reading Gas And Renewable s Toppled Coal A Decade Early→
Saudi to launch $30-50 billion renewable energy program soon: minister Saudi Arabia will launch in coming weeks a renewable energy program that is expected to involve investment of between $30 billion and $50 billion by 2023, Saudi Energy Minister Khalid al-Falih said on Monday. Falih, speaking at an energy industry event in Abu Dhabi, said … Continue reading Saudi to launch $30-50 billion renewable energy program soon: minister→
What Is Holding Renewable Energy Back? Bloomberg is now reporting that solar energy is cheaper than coal, and could become the lowest form of energy within a decade. Economies of scale are causing solar to drop from an average of $1.14 a watt all the way to 0.73 cents per watt by 2025. Several agencies, … Continue reading What Is Holding Renewable Energy Back?→
US Taxpayers Shelled Out WHAT!?! For Fancy Govt. Energy Upgrades Last week a multiplicity of federal agencies received accolades from the Obama Administration, for awarding 340 energy contracts since 2011 involving everything from new heating and cooling equipment to LED bulbs, “smart” building systems, and renewables. If you guessed those 340 energy contracts add up … Continue reading US Taxpayers Shelled Out WHAT!?! For Fancy Govt. Energy Upgrades→
Renewable energy investment fell 18% in 2016: study Paris (AFP) – Global investment in renewable energy dropped by 18 percent in 2016 due to sharp falls in equipment prices and a slowdown in China and Japan, a study found Thursday. After reaching record levels in 2015, investment fell last year to $287.5 billion, according to … Continue reading Renewable energy investment fell 18% in 2016: study→
CHINA SPENDING BILLIONS TO BECOME WORLDWIDE RENEWABLE ENERGY LEADER President-elect Donald Trump has called climate change a hoax created by the Chinese. The Chinese disagree—and are pumping billions of dollars’ worth of investments into green energy over the next three years. On Thursday, Reuters published details of the latest installment of China’s plans to break … Continue reading CHINA SPENDING BILLIONS TO BECOME WORLDWIDE RENEWABLE ENERGY LEADER→
China Aims to Spend at Least $360 Billion on Renewable Energy by 2020 China intends to spend more than $360 billion through 2020 on renewable power sources like solar and wind, the government’s energy agency said on Thursday. The country’s National Energy Administration laid out a plan to dominate one of the world’s fastest-growing industries, … Continue reading #China Aims to Spend at Least $360 Billion on Renewable Energy by 2020→
Chinese Renewable Power Giant Builds Global Empire Other investors are wary of Brazil, but when Duke Energy wanted to sell 10 hydroelectric dams there, a Chinese utility shrugged off the country’s economic turmoil and paid $1.2 billion to add them to an energy empire that stretches from Malaysia to Germany to the Amazon. State-owned China … Continue reading Chinese Renewable Power Giant Builds Global Empire→
Texas-size Ambition: How ERCOT can Handle Renewables The ground under Texans is full of natural gas and sky above them full of wind and sun. Those factors will both benefit and challenge the state’s power grid over the next 16 years, according to a new study. The Texas Clean Energy Coalition (TCEC) released a new … Continue reading Texas-size Ambition: How ERCOT can Handle Renewable s→
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