Swiss power electronics firm to install its state-of-the-art microgrid solution at the University of Chester’s new Energy Centre, in what will be the first energy management system of its kind in the U.K.
With 161 GW installed, last year was a record 12 months for global renewable additions, finds the annual overview of the state of renewable energy drafted by REN21. Solar PV accounted for around 47% of the capacity added.
Amid growing energy demand and urgent calls for combating climate change, identifying energy technologies that are good bets for the economy and climate is increasingly important, finds study.
Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.
Ten energy companies from nine nations have joined forces to provide $2.5 million support for the Energy Web Foundation (EWF), a global non-profit organization focused on accelerating blockchain technology across the energy sector.
More than 70% of 114 global energy experts interviewed in REN21 Renewables Global Futures Report believe global transition to 100% renewable energy is feasible. However, challenges remain fiercest in areas of transport and larger economies.
The European solar market decreased by 21% last year. This disappointing if not unexpected news opened SolarPower Europe’s annual summit in Brussels today. Grid integration of Europe’s solar capacity, EU market rules for protecting the ‘prosumer’ and reforms to the continent’s faltering Emissions Trading Scheme were major themes during the plenary session.