Samsung aims for 100% renewable energy

Samsung renewable energy - Samsung mobile phone image within an image

Company had ambitious new plans for clean power Samsung has announced that it will completely power it’s operations in the United States,  China, and Europe with renewable energy. The company plans to accomplish this goal within the next two years. Samsung has already made significant progress toward this endeavor in its native South Korea. There, the company installed some 42,000 square meters of solar panels and has begun tapping into geothermal energy. Samsung will help partners embrace renewable power Samsung has also announced that it will be working with its…

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India sets new clean power goal

India Clean Energy Goal

Government has announced a new goal for renewable energy The government of India has announced a new clean power goal. The country has been pursuing renewable energy aggressively in recent years. India is committed to combating climate change and increasing accessibility to electricity for its residents, especially in rural areas. The government’s efforts have made the country one of the largest and fastest growing solar energy markets in the world. New goal set at 227 GW The government has raised its renewable energy target to 227 gigawatts, up from its…

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Renewable energy investments continue to grow rapidly

Renewable Energy Investments - Jar of Coins

Report highlights the grown of clean power investments throughout the world Renewable energy is beginning to outpace coal, natural gas, and nuclear power, in terms of global investments. According to a new report from the International Energy Agency, investments in clean energy have grown quickly due to the rapidly falling costs associated with generating electricity using clean technology. Notably, both solar and wind have become the most heavily supported forms of clean power in the world. These two types of renewable power have attracted the majority of investments being made…

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China is boosting it’s focus on solar farms

Solar Farms - Solar Panels

Country aims to embrace solar power more aggressively China has big plans for solar power and will be investing in this form of renewable energy quite heavily in the coming years. The country has embarked on an ambitious plan to derive much of its electrical power from solar farms. By 2020, the country aims to have some 110 gigawatts of installed solar capacity in place. This would be enough to power approximately 30 million average homes. China wants to replace fossil-fuels with renewable power China’s investments in solar farms highlights…

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Bangladesh renewable energy market receives support from the World Bank

Bangladesh Renewable Energy Market - Flag of Bangladesh

World Bank invests $55 million into Bangladesh The government of Bangladesh has entered into a new deal with the World Bank. Per the deal, the World Bank will provide $55 million to help expand the use of renewable energy in rural parts of the country. The Bangladesh renewable energy sector has been growing slowly in recent years, but new investments have been adding more momentum. The country is now working to bring clean power to rural communities in order to ensure they have reliable access to the electricity they need.…

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Renewable power is making progress in the Netherlands

Renewable Power - Windmils in the Netherlands

CBS highlights the growth of clean energy Renewable power accounted for 6.6% of all electricity generated in the Netherlands in 2017, according to CBS, the nation’s statistics agency. The Dutch government has been working to support clean power in recent years in order to combat climate change. Notably, biomass has played a major role in helping the Netherlands accomplish this goal as it has helped reduce the emissions produced by vehicles. Biomass has helped make transportation and energy production cleaner According to CBS,  solar power accounted for 30% of the…

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CEOG project uses solar power to produce hydrogen

CEOG Project - Solar Panels

New project is the world’s largest solar-to – storage system HDF Energy, a hydrogen company based in France, has launched its new CEOG project. The project aims to become the world’s largest solar energy and storage plant. Instead of batteries, the project will use hydrogen as a form of chemical storage for the electricity it generates. The project will be built in three stages, with the first stage beginning this year as HDF Energy works to find a location for its new initiative. CEOG project will produce 50 GWh of…

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Partners Group invests in new Australian energy market project

Australian Energy Market - Investments

Equity firm invests more than $500 million into new project Partners Group, a private equity firm in Switzerland,  has announced that it will be investing more than $500 million to aid the development of the Grassroots Renewable Energy Platform in Australia. The project has a total capacity of 1.3 gigawatts.  This energy comes from a mix of solar and wind power, which will also be stored by and extensive battery system. The project is expected to add more momentum to the Australian energy market. Combining wind, solar, and batteries was…

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The Australian energy market could benefit from a major change

Australian Energy Market - Powerline

Report predicts $20 billion in savings from a shift in the energy sector A major shift in the Australian energy market could help save $20 billion a year in combined fuel and electricity costs, according to a new report from the Community Power Agency. The report outlines a plan wherein homes and businesses acquire their power from renewable sources. It also predicts that 40% of all transportation throughout the country with be emissions free by 2035. Nicky Ison, a co-author of the report, notes that political battles over renewable power…

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Cost of solar energy continues to fall worldwide

Cost of Solar Energy Falling Worldwid - Down arrow

Solar power is now less expensive to produce than coal The cost of solar energy is falling at rapid pace, according to a new report from Lazard. The report shows that the solar production is now less expensive than coal and this trend is expected to continue well into the future. Notably, the electricity being generated from utility-scale solar plants has seen the most significant price drop: An 86% decrease since 2009. The report from Lazard shows that it costs approximately $50 to produce 1 megawatt-hour of electricity from a…

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Renewable energy now employs more than 10 million globally

Renewable Energy - Global - hand holding world

Report shows that there are more than 10 million clean power jobs There are now more than 10 million people employed in the global renewable energy sector, according to a new report from the International Renewable Energy Agency. Approximately 500,000 new jobs were created within this sector in 2017. This accounted for a 5.3% increase in clean power jobs overall. The trend is expected to continue well into the future as more countries begin to embrace clean power as a way to replace fossil-fuels and cut down on emissions. China…

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Indian researchers use concentrated solar energy to produce hydrogen fuel

Concentrated Solar Energy - Researchers with Solar Panel

Research team aims to determine the economic feasibility of solar-produced hydrogen Researchers from the Indian Institute of Technology Bombay have begun a new study that is focused on determining the economic feasibility of solar-driven electrolysis used to produce hydrogen fuel. The study is meant to provide a framework for how solar hydrogen production could be used in an economically viable manner. Hydrogen has gained some popularity in India in recent years, but still has significantly less support that other forms of clean power and conventional fossil-fuels. Researchers were able to…

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Researchers develop new device that could make hydrogen production more efficient

Hydrogen Production - solar energy, water, Image of sunlight below water

New device harnesses sunlight to generate hydrogen A team of researchers from McGill University in Montreal, Canada, and the University of Michigan have developed a new, stable artificial photosynthesis device that could make hydrogen production significantly more efficient. The device makes use of a method called direct water splitting. Unlike conventional hydrogen production methods, the new device will only make use of water and sunlight. Researchers believe that the new device will help make hydrogen less expensive and more attractive to several sectors. Researchers believe that the new device could…

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Swedish project aims to use solar energy to produce hydrogen fuel

Hydrogen Fuel - Swedish Flag

Nilsson Energy teams with AT Solar for ambitious new project Sweden’s Nilsson Energy AB has partnered with AT Solar for a new solar energy and hydrogen fuel project. Called RE 8760, the project intends to use solar power to produce hydrogen, which will serve as a form of chemical storage for this electrical energy. Nilsson Energy came up with the concept for the project and AT Solar will be providing the photovoltaic technology that the project will be making use of. Project will produce hydrogen as a way to efficiently…

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New battery system uses renewable energy to produce hydrogen

Hydrogen Fuel Research - Stanford University

Researchers develop promising prototype battery Researchers from Stanford University have developed a new water-based battery that could be used to store wind and solar energy in an efficient and inexpensive manner. The battery is a prototype manganese-hydrogen system and can currently only generate 20 milliwatts of electrical power. Researchers believe that the battery system can be scaled up, however, making it useful for industrial purposes. Once it has been scaled up, researchers predict that it will be able to charge and recharge 10,000 times. Battery acts as a way to…

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Renewable energy continues to thrive in the US despite challenges

Renewable Energy Continues to Thrive - Hand holding tree

Wind and solar made up the majority of new energy capacity installed throughout the country Wind and solar energy have made significant progress in the United States this year. In the first two months of 2018, some 1,568 megawatts of wind and 565 megawatts of new capacity were installed throughout the country. This accounted for 98% of all new energy capacity installed in the United States during those two months. This information comes from the Federal Energy Regulatory Commission’s latest “Energy Infrastructure Update” report. The report is meant to highlight…

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