EU has unveiled a new clean energy target

Clean Energy Target - Woman - Graph

The EU aims to derive 32% of its energy from renewable sources by 2030 The European Union has announced that it will be raising it’s clean energy target. European counties have been working to increase their consumption of clean energy for some time. Previously, the EU had aimed to derive 27% of its electricity from renewable sources by 2030. Now, the EU has raised this target to 32% in the same time frame. New deal could build confidence among investors The new target has been welcomed by some environmental groups,…

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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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MidAmerican Energy to build new wind energy farm

MidAmerican Energy - Building of Wind Turbine - Wind Energy

Utility will be able to sell 100% renewable energy to consumers for the first time MidAmerican Energy has announced plans to build a new wind farm. The wind energy system would allow the company to sell 100% clean power to its customers for the first time. The new wind farm is called Wind 12 and is estimated to cost $922 million to develop. The utility expects the new project to be completed at some point in 2020. New energy sources will help rates remain stable The majority of the cost 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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Green investments plummet in the UK

Green Investments - Plan and coins

Critics say the government has created a “hostile environment” for investors Clean energy has been growing in the United Kingdom in recent years, but the government is now facing new criticism in its support of this sector. Green investments in the UK are now lower than they have been in a decade, according to a report from the Environmental Audit Committee. Critics say that the government has created a hostile environment for investors. This is largely due to the government withdrawing its support for various forms of renewable power. Lack…

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GE forms new deal to break into Chile’s wind power

Chile's wind power - Flag of Chile

GE will be bringing new wind turbines to Chile GE Renewable Energy has announced that it has made its first wind power deal in Chile. The deal was made with Arroyo Energy Compania de EnergiasRenovablesLimitada. GE will be responsible for supplying six new 3.6 megawatt wind turbines to the new project. These turbines will be delivered to the south of the country in the coming months and will help Chile bolster its clean power production and further distance itself from fossil-fuels. Wind power may help Chile abandon fossil-fuels Chile has…

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Navy opposes the development of offshore wind farms in California

Navy Opposes Development of Offshore Wind Farms - Stop

Navy map places major restrictions on where offshore projects can be built California could be a proverbial gold mine for offshore wind power, but the United States Navy has declared that large portions of the state’s coast are off limits when it comes to offshore development. The ultimate decision lies, of course, with the Department of Defense, wind companies, and at least one member of Congress. The Navy, however, believes that the map it has provided for offshore wind development is the best option for the West Coast. Floating wind…

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EU issues new guidance for renewable energy projects

EU Renewable Energy Projects - EU Flag

New documents aim to ensure clean power projects are being developed responsibly The European Commission has issued new guidance to help European governments during the planning phases of renewable energy projects. The Commission has issued two guidance documents as part of the EU Action plan for nature, people, and the economy. These documents aim to improve biodiversity within the European Union while ensuring that new energy projects can be developed safely and in an affordable manner. The environmental risks of clean power projects are becoming a concern Environment, Fisheries, and…

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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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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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Wind energy will overtake hydropower in the US by 2019

Wind Energy - Wind Turbines overlooking water

Wind is set to beat out hydropower in terms of energy generation Hydropower has been a major source of power for the United States for more than a century. This is beginning to change, however, and wind energy is expected to become the largest supplier of clean electricity in the country by 2019. Hydroelectric dams have served as the primary way that the country has generated its clean power, but new wind farms are beginning to replace these dams. Investments have helped the wind energy sector grow quickly. Over the…

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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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GE forms new partnership to improve offshore wind energy turbines

Offshore wind energy - Wind Turbines in Field

GE teams with ORE Catapult to test new wind turbine ORE Catapult and GE Renewable Energy have announced a new partnership. Over the next five years, the two companies will be working together in the offshore wind energy field. The first step of this collaboration involves testing a new 12 megawatt offshore turbine that GE has developed. This turbine will be tested at a facility operated by ORE Catapult. GE suggests that the new turbine is the most powerful of its kind and will be able to operate anywhere in…

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Renewable energy is thriving thanks to tech companies

Renewable Energy - Technology, Business

Large companies are embracing clean power aggressively Large technology companies like Google and Amazon are adding pressure on other corporations to embrace renewable energy. Clean power has been gaining traction throughout the United States for some time. Technology companies see clean power as a way to reduce their emissions and become more environmentally friendly. They also see significant economic potential in renewable energy. Last year, Google, Amazon, Microsoft, and Apple became the largest corporate consumers of clean power in the world. Tech companies have ensured the success of clean power…

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Portugal reaches a new renewable energy milestone for March

Renewable Energy - Portugal Flag in Sun

Grid operator reports that Portugal has generated some 4,812 GW of renewable power in March Portugal has reached a major milestone with its energy strategy. The country’s renewable energy sector was able to generate enough electricity to accommodate all of its needs during the month of March. The Portuguese grid operator, REN, has reported that some 4,812 gigawatts of electrical power were generated through renewable sources in March. Throughout that entire month, the country only consumed 4,647 gigawatts. Heavy rainfall allows dams to produce more electricity The majority of this…

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China continues spending vast sums to support renewable energy

Renewable Energy - China Spending - Chinese Money - Yuan

Clean power continues to find financial support from the Chinese government China continues to show its commitment to renewable energy by supporting the sector financially. The country has been the world’s largest emitter of greenhouse gases for some time, but the government has been working to cut emissions in order to become more environmentally friendly. In this pursuit, China has become one of the largest investors in clean power in the world. The country now dwarfs the investments that are made by the United States, which is the second largest…

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