But will the government listen?
Source: Australia could have zero emissions and 100% renewable energy by 2050, study finds – ScienceAlert
But will the government listen?
Source: Australia could have zero emissions and 100% renewable energy by 2050, study finds – ScienceAlert
The question of how to finance a global transition from fossil fuels to clean energy is perhaps the most critical issue for COP21 in Paris starting late November
Source: How to Finance the Global Transition from Fossil Fuels to Renewable Energy
The Asian Development Bank is to double its annual lending for climate change adaptation to $6 billion by 2020, the Philippines-based lender said. The initiative comes as world leaders adopted on Friday an ambitious set of 17 global goals, including combating climate change and its impacts, ADB president Takehiko Nakao said in a statement sent to AFP. Under the 2020 lending plan, ADB is to dedicate $4 billion each year to climate change mitigation by boosting support for renewable energy, energy efficiency, sustainable transport, and building smart cities.
Source: ADB to double annual climate financing to $6 bn – Yahoo News Singapore
Advance could make flow batteries cheaper and easier to build
Source: A cleaner, greener way to store solar and wind energy | Science/AAAS | News
The goal is to build an interconnected network of offshore wind, tidal, and wave energy projects
Source: Scotland and Ireland Consider a Linked Renewable Energy Future – IEEE Spectrum
September 15 (SeeNews) – Total of USD 4 billion (EUR 3.54bn) of green bonds were issued in August 2015, bringing the year-to-date to USD 25 billion, according to figures by the Climate Bonds Initiative (CBI). Nederlandse Waterschapsbank NV’s (NWB Bank’s) was one of the top issuers for the month as it announced a EUR-1-billion green bond for lending to the Dutch water authorities, and, more specifically, for climate mitigation, climate adaptation and biodiversity projects. The European Investment Bank (EIB) issued another Climate Awareness Bond (CAB) of EUR 600 million. GREEN BONDS FOR RENEWABLES As disclosed in SeeNews Renewables’ green bonds overview for July, one of the interesting developments in August was Yes Bank’s (BOM:532648) issuance of a second green bond, of INR 3.15 billion (USD 47m). The sole investor was the International Finance Corporation (IFC), which itself issued a masala green bond of INR 3.15 million to invest in the Indian bank’s bond. The proceeds will support solar, wind, biomass and small hydroelectric projects in India. Meanwhile in the US, SolarCity Corp (NASDAQ:SCTY) issued USD 123.5 million of solar asset-backed securities (ABS) in two tranches. The solar installer was the first corporate to issue fully solar-backed ABS back in November 2013. Another solar energy company, this time focused on the UK, certified in August three solar bonds under the global CBI standard. The bonds by Big60Million, aimed at retail investors, are backed by 34 MW of UK solar projects. The community benefit energy company was created in 2014 by solar developer Belectric UK, part of German company Belectric GmbH. In Sweden two housing companies owned by their local municipality — Uppsala Hem and Stangastaden — each issued SEK 500 million (USD 61m) in green bonds. Apart from energy efficiency and other upgrades to buildings, proceeds from the bonds can also be used for wind and solar projects. EXPECTED BONDS IN ASIA The CBI said in its weekly updates that Aboitiz Power Corp (PSE:AP) is to announce the first green bond in the Philippines. More specifically, the company is to issue a PHP-10.7-billion (USD-229m) bond for geothermal projects, with the Asian Development Bank providing a partial guarantee. The Indian Renewable Energy Development Agency (IREDA) was expected to close a green bond issuance of INR 6 billion (USD 90m) last week. According to local media, it has postponed the issuance for the end of September as it could not get credit rating in time. Thanks to Asia and other emerging markets, the CBI expects green bond issuance in 2015 to reach USD 70 billion. (USD 1 = EUR 0.884)
Source: MONTHLY – USD 4bn green bonds issued in August – SeeNews Renewables
Latest breakthroughs in sustainable technology, business and market analysis
Clean electricity generated from wind and solar has only gotten cheaper over the last five years, according to the International Energy Agency.
Source: Clean Electricity Just Keeps Getting Cheaper – Planet Experts
September 10 (SeeNews) – The world added 21.7 GW new wind power capacity in the first six months of the year, bring the total to 393 GW at the end of June, the World Wind Energy Association said.This year’s growth is substantially higher than the figures recorded in the first half of 2014 and 2013, when respectively 17,6 GW and13,9 GW were added. “The world market for wind power is booming like never before, and we expect new record installations for the total year 2015,” said Stefan Gsanger, WWEA Secretary General.The relatively positive development of the wind markets worldwide was helped by the economic advantages and increasing competitiveness of wind power as well as by the uncertainties regarding the international oil and gas supply and the pressing need to go for emission free technologies in order to mitigate climate change and air pollution among others.The main growth contributors are again China – with an astonishing growth of more than 10 GW within six months – USA, Germany and India.Brazil showed the highest growth rate of all major markets.The country has increased its wind power capacity by 14 % since the beginning of this year.However, several of the European markets are now very flat, WWEA commented. The largest European market Germany expects a major slowdown in the coming one to two years, after the expected regulatory changes come into force.
Source: WWEA records 21.7 GW of new wind installations in H1 2015 – SeeNews Renewables
THE UNIVERSE.....the sum of all probabilities
THE UNIVERSE.....the sum of all probabilities
THE UNIVERSE.....the sum of all probabilities
THE UNIVERSE.....the sum of all probabilities
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