Tag: renewable energy

Chinese solar boom sparks global renewables boon: study

PARIS, France (AFP) — A Chinese boom in solar panel installation last year helped drive global investment in renewable clean energy technology to record levels, a new study showed Tuesday. After a dip in 2016, overall global investment in the sector rose 3.0 percent to a total $333.5 billion, offsetting falls in Japan, Germany and Britain, according to the Bloomberg New Energy Finance (BNEF) study. That was the second best annual showing to date after […]

Saudi Arabia opens bid for ‘utility scale’ solar project

RIYADH, Saudi Arabia (AFP) — Saudi Arabia invited bids on Tuesday for a “utility-scale” 300-megawatt solar project, a first for the world’s top oil exporter. “Today’s bid opening represents a significant milestone for the National Renewable Energy Program, and an important step on the way to diversifying Saudi Arabia’s domestic energy mix and building a cutting edge domestic renewable energy sector,” Energy Minister Khalid al-Falih said. Bidders for the Sakaka solar energy project — to […]

Renewable energy storage gets boost from Namibian meteorite

LAUSANNE, SWITZERLAND (Reuters) — Prehistoric meteorite fragments found in Namibia could be the ideal natural catalyst to store energy from renewable sources, according to a team of Swiss scientists. Pieces of the Gibeon meteorite are found over 20,000 square kilometres (7722 square miles) in the southern African nation and have a total mass of more than 21 tonnes. Scientists at the Swiss Federal Institute of Technology in Lausanne (EPFL) found that it is the composition […]

Renewables can’t deliver Paris climate goals: study

by Marlowe HOOD PARIS, France (AFP) — Expansion of renewable energy cannot by itself stave off catastrophic climate change, scientists warned Monday. Even if solar and wind capacity continues to grow at breakneck speed, it will not be fast enough to cap global warming under two degrees Celsius (3.6 degrees Fahrenheit), the target set down in the landmark 2015 Paris climate treaty, they reported in the journal Nature Climate Change. “The rapid deployment of wind, […]

BOI approves 144 renewable energy investments

MAKATI, Mar 14 – The Board of Investments (BOI) has approved a total of 144 renewable energy investment projects worth P170.947 billion from 2010 up to December 2015 with a total generating capacity of 3,861 megawatts. “Our industry development programs are geared towards building sustainable and resilient communities, which includes achieving sustainable energy sources,” said Department of Trade and Industry Undersecretary and BOI Managing Head Ceferino Rodolfo. He added that the development of renewable energy […]

Brazil changes tack on renewable energy sources

Brazil made a bold pledge before the United Nations General Assembly in September, promising to slash green house emissions by 43 percent by 2030 through a concerted effort to expand renewable energy sources. The ambitious proposal was announced as nations throughout the world put forward their plans to tackle climate change ahead of the UN COP-21 conference late November, where the Paris Agreement will be drawn up to replace the expired Kyoto Protocol. Brazilian President […]

German companies keen to support PH 90% electrification goal with renewable energy

MANILA – To support the 90% household electrification goal of the Philippines with renewable energy (RE), the German-government-owned international cooperation company Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the German-Philippine Chamber of Commerce and Industry (GPCCI), Inc. are organizing the fifth business trip of German RE companies to the Philippines from October 26 to 30, 2015. Eight German solar PV and micro-grid companies and three RE experts will form the delegation. The German companies will include 8p2 Ingenieurspartnerschaft, an engineering […]

Renewable energy produces unstable supply

ORMOC CITY, Leyte, Sept. 8 (PNA) – While the Department of Energy is pushing for the generation of clean energy from natural resources, some experts are apprehensive with the unstable power produced by variable renewable energy (VRE) such as solar and wind due to its fluctuating nature. Raul Galano, head of the Visayas Systems Operations of National Grid Corp. of the Philippines (NGCP) told reporters that variable renewable energy is named as such because of […]

APEC aims to double renewable energy projects by 2030

LAOAG CITY, Ilocos Norte (PIA) — Energy experts have raised the need to share successful renewable energy (RE) development experiences among member economies of the Asia-Pacific Economic Cooperation (APEC) to attain the goal of doubling RE projects by 2030. Director Mario Marasigan of the Department of Energy’s Renewable Energy Management Bureau, who co-chairs the APEC Expert Group on New and Renewable Energy Technologies (EGNRET), said it is important for member economies to share their RE […]