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2014 record year for UKs renewable energy investment

2015-05-14 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Investment in the UK`s renewable energy set a new record in 2014 with 10.7 billion poured into the countrys sun and wind resources, according to new analysis by PwC. However, another 50 billion is needed by 2020 to meet renewables targets. The research led by Pricewaterhouse Coopers (PwC) on behalf of the Renewable Energy Association (REA) found that solar accounted for 45% of new investment (4.5 bn), thanks to cheaper technology, with offshore wind and solar attracted the largest share of...

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Australia: Renewable energy target still in limbo after Labor rejects biennial reviews

2015-05-12 05:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The future of the renewable energy target (RET) remains in limbo, after Labor announced it would not support a deal while the government insisted on implementing biennial reviews. On Friday Labor endorsed in principle a reduced target of 33,000 gigawatts an hour (GWh), paving the way for a bipartisan agreement. But on Tuesday its environment spokesman, Mark Butler, said the inclusion of a two-yearly review of the RET would stifle investment and industry certainty. Unless the government...

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Abengoa Yield to buy four renewable energy assets from Abengoa

2015-05-12 01:00:00| Power Technology

Spanish company Abengoa has signed a 614m deal to sell 450MW of concentrating solar power (CSP) assets to its renewable yieldco vehicle company Abengoa Yield.

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Renewable Energy isn't a Shortcut to Reversing Global Warming

2015-05-09 05:11:00| Climate Ark Climate Change & Global Warming Newsfeed

CounterPunch: Denmark has distinguished itself as the country moving the fastest toward the eventual replacement of fossil fuels. Its goal of 100 percent renewable energy by 2050 is laudable, but the assumption that this path will reverse global warming while otherwise continuing business as usual, is unrealistic. At first glance, Denmark has made remarkable strides. The countrys intention to totally eliminate fossil fuels by the midpoint of the 21st century appears to be realistic. Already, Denmark is the...

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SunEdison expands global renewable energy portfolio with seven new deals

2015-05-08 01:00:00| Power Technology

US based, green energy developer SunEdison has been awarded a portfolio of seven renewable energy projects, with a combined operation of 757MW, from multiple power companies.

Tags: global energy deals portfolio

 

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