Renewable Energy News

Tue, 21 Nov 2017 22:15:00 UTC

Why the Bifurcation of an Industry’s Supply and Demand is Bad for Everyone

“Happy families are all alike; every unhappy family is unhappy in its own way,” Leo Tolstoy, Anna Karenina.  In the solar industry, strong markets are alike in that they have incentives, subsidies and/or mandates to drive growth and adoption but also a fair amount of political and economic risk and every weak or collapsing market is alike in that it no longer has incentives, subsidies and/or mandates to drive it and its political and/or economic risk has become a reality.

A weak market is the mirror image of a strong one that is, everything is seen in reverse. In solar, a leading market share receives more notice than the low-to-negative margins that go along with it. For example, solar lease etc., company Sunrun is being touted for passing SolarCity in terms of its market share even as it racks — pardon the pun — up losses. The company reported losses from operations of $130.7 million and net losses of $180.9 million for nine months of 2017.  True, the company lost less money than it did in 2016, however this should not be spun as a positive. 

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Tue, 21 Nov 2017 18:23:31 UTC

Watching atoms move in hybrid perovskite crystals reveals clues to improving solar cells

The discovery of nanoscale changes deep inside hybrid perovskites could shed light on developing low-cost, high-efficiency solar cells. Using X-ray beams and lasers, a team of researchers discovered how the movement of ions in hybrid perovskites causes certain regions within the material to become better solar cells than other parts. … read more
Tue, 21 Nov 2017 15:56:00 UTC

China on Pace for Record Solar Capacity as Forecasts Jump

China, the world’s biggest carbon emitter, is poised to install a record amount of solar-power capacity this year, prompting researchers to boost forecasts as much as 80 percent.

About 54 gigawatts will be put in place this year, Bloomberg New Energy Finance said Monday, raising a  forecast of more than 30 gigawatts made in July. That amount of additional capacity would likely surpass all the solar energy generated in Japan in 2017.

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Tue, 21 Nov 2017 13:04:00 UTC

ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developing Countries, Invite Applications

The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded US$350 million (AED1.285 billion) IRENA/ADFD Project Facility, the current funding round of US$50 million in concessional loans marks the sixth of seven annual cycles.… read more
Mon, 20 Nov 2017 19:12:00 UTC

The Big Embrace: Electric Utilities Accept Wind and Solar as Reliable Sources, Plan for the Long Haul

Despite the Environmental Protection Agency’s announcement that the Clean Power Plan is being repealed, the attractive cost of renewables and improvements in battery storage technology mean that wind- and solar-generated power are here to stay.

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Mon, 20 Nov 2017 16:27:00 UTC

Proposed Tax Reform Bill Has ‘Disastrous Implications’ for Renewable Energy

Last week, both houses of the U.S. congress passed versions of a tax reform bill. As readers might recall, tax reform was one of the platforms on which Trump ran for president and getting a major tax reform bill passed would be a big win for him. Each version of the bill has implications for the renewable energy industry but the wind industry is particularly worried about the House bill.

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Mon, 20 Nov 2017 16:13:24 UTC

Artificial photosynthesis gets big boost from new catalyst

A new catalyst brings researchers one step closer to artificial photosynthesis -- a system that, just like plants, would use renewable energy to convert carbon dioxide (CO2) into stored chemical energy. By both capturing carbon emissions and storing energy from solar or wind power, the invention provides a one-two punch in the fight against climate change. … read more
Mon, 20 Nov 2017 14:37:18 UTC

Hydrogen cars for the masses one step closer to reality, thanks to invention

A new device that can inexpensively and efficiently create and store energy and create hydrogen fuel, and that needs only sunlight to operate, has now been developed by researchers. … read more
Fri, 17 Nov 2017 20:22:00 UTC

Putting Solar+Storage to Work for Africa’s Farmers

BayWa r.e. renewables subsidiary successfully commissioned its first project in Southern Africa, a combined solar PV plant and battery system in the Zambian province of Chisamba in October.

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Fri, 17 Nov 2017 19:17:26 UTC

New computational method provides optimized design of wind up toys

A team of leading computer scientists has developed a novel computational system to aid the design and fabrication of wind-up toys, focusing on automating the intricate interior machinery responsible for the toys' wind-up motion.read more
Fri, 17 Nov 2017 17:27:00 UTC

Massachusetts Opens RFP for the First 100 MW of “Smart” Solar

On November 13, utilities in Massachusetts announced that they would begin to accept bids pursuant to the new “Solar Massachusetts Renewable Target or SMART” program, which seeks to ultimately add up to 1,600 MW of solar capacity.

The SMART program was voted into law in April and explained in great detail by Renewable Energy World contributor John Farrell in this post. Farrell likens the program to the California solar incentive and Germany’s long-expired Feed-in Tariffs, which kick started solar in each region. 

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Fri, 17 Nov 2017 16:44:00 UTC

DERs and Grid Optimization — The Next Phase of the Grid Modernization Journey

The call for grid modernization is occurring across the world and utilities are positioned at the forefront of this industry transformation. While some states and countries are moving at a more rapid pace than others, grid modernization is a necessary outcome for utilities to ensure long-term sustainability.

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Fri, 17 Nov 2017 15:37:42 UTC

Hydrogen fuel from water by harnessing red and near-infrared regions of sunlight

Scientists have synthesized a compound that absorbs near-infrared light to produce hydrogen from water. The compound contains three ruthenium atoms connected by an organic molecule. The absorbed light stimulates electrons to 'jump' into orbitals that do not exist in other, similar compounds. This is the first successful use of infrared light to reduce water into hydrogen, which can be used for energy conversion and storage, and other industrial purposes in a future sustainable energy society. … read more
Thu, 16 Nov 2017 13:41:00 UTC

Orsted Green Bond Bets on the Future of the Planet

Orsted A/S, the Danish company built on oil and gas extraction, will issue its first green bonds as it moves toward completing a transition to renewable energy.

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Thu, 16 Nov 2017 10:16:00 UTC

Government of Wallonia of Belgium Commits €1 Million to IRENA to Support New NDC Facility

The Government of Wallonia of Belgium has committed €1 million to the International Renewable Energy Agency (IRENA) as part of the Government’s support of renewable energy as a key pillar of international climate efforts.… read more
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