Oh the irony ! As you know, fossil fuels are heavily subsided. I have written a few articles here on how ending those subsidies would be a major boost to renewables. Well it seems they don’t quite need it. As Bloomberg notes : “Wind in some cases already is, or can in coming years, be …
To Cleantechies : ” Renewable energy investments in India increased by more than 52 percent in 2011, the fastest growth among major global economies, according to a new report.” “More than $10.3 billion was invested in renewable energy projects in India last year, with about $4.6 billion targeting wind energy projects and another $4.2 billion …
With current outdoors temperatures below the freezing point in large parts of Europe, it is easy to think that climate change is either a hoax or that it will be most welcome as it would get us rid of those patches of ice on the roads. This won’t be the case as the Independent reports …
Here are some great news for climate and quite bad news for America and Europe : China unveiled last week massive wind energy plans. The People’s Republic is willing to seriously expand the renewable energy industry. Indeed from the current 40 GW of capacity, it is planning to reach ” 200 GW, 400 GW and …
I have recently noted that cleantech is booming globally, but what does it mean for Africa ? In today’s post I will try to give a few answers to this crucial question as still 600 million Africans have no access to electricity. To a study titled Mega Trends in Africa: A bright vision for the …
These are great news, just in time for the current climate talks taking place in Durban as to a new report from Bloomberg, global investments in renewables are surpassing for the first time ever the amounts invested in fossil fuels. With economies of scale and scope, both solar energy and wind power are getting cheaper …
We already saw that solar PV is due to compete in terms of costs with fossil fuels by around 2017 as this energy source is gaining momentum so fast that the Holy Grail – grid parity – might soon be within reach. These are sure great news… But there is more as to Bloomberg New …
To Bloomberg : ” Japan approved a bill today to subsidize electricity from renewable sources, joining European nations in shifting away from nuclear power after the Fukushima reactor meltdowns in March.” ” (…) The bill allows for incentives that guarantee above-market rates for wind, solar and geothermal energy. The so-called feed- in tariff created a …
To the Renewable Energy Policy Network for the 21st Century and their latest Global Status Report : ” In 2010, renewable energy supplied an estimated 16% of global final energy consumption and delivered close to 20% of global electricity.” ” Renewable capacity now comprises about a quarter of total global power-generating capacity. (…) Global solar PV production …
As the world’s first energy consumer and greenhouse gases emitter, the People’s Republic of China is under closed scrutiny from energy analysts. Last week, not one or two but three different news caught my attention on this country. The climate situation there is dreadful as according to CNN massive floods forced 1.6 million people to …
More efficiency, wind power and nuclear for China Read More »
