The solar and wind industries could benefit from a $6.4 trillion boom under the most ambitious of two scenarios described by Bloomberg New Energy Finance, and $2.4 trillion even in the business-as-usual outlook.
The £12.7 million project will explore how to transport pure and blended hydrogen for use in heating and industrial purposes. Construction will start next year.
Half of the EGP1.6 billion charge will be paid up front with the balance staggered over five years, pv magazine has learned.
Guide to drawing up national green hydrogen strategies acknowledges the global hydrogen economy could fail to take shape if any of the world’s powers decide to stick with fossil fuels to gain a price advantage.
Big brands will have to put their money where there mouth is on carbon commitments, though, and the EU will have to put its shoulder to the wheel, particularly in respect of the commonly-heard call to dispense with red tape. The prize could be a call for 280 GW more renewables capacity by 2030.
The latest edition of the accountant’s renewables attractiveness index has placed the nation in top spot for photovoltaics, helping it to fourth spot for overall clean energy investment. Mexico has been hammered by the government’s attitude to clean power and France has also slipped, four places.
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
Developers dodged more onerous supply-chain and carbon-footprint commitments in the results of a recent consultation exercise announced by BEIS but appear set to lose all Contracts for Difference top-up payments during periods of negative electricity prices.
The latest 800 MW of the 5 GW solar field to go live takes Dubai past its 2020 clean energy target of 7% by ensuring 9% of the emirate’s power comes from clean sources, according to the Dubai Water and Electricity Authority.
An extensive European Commission regulation has set the bar on those economic activities deemed to help in the war against global heating and, by implication, those which may hinder the effort.
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