With power production up 133% year-on-year, revenues and EBITDA also rose significantly.
There is no alternative to using hydrogen for climate protection. Climate change and its ensuing measures require a lot of effort, money, and above all the right solutions. Therefore, a meaningful project, which will be perceived worldwide as a model for complete technological change, is key. That is what the Bonn Climate Project and the CTC Bonn stand for! We can already see great steps towards a hydrogen economy being taken in Germany. Steps are good, but not enough; we need the implementation of a hydrogen economy now!
Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.
An accelerated transition to renewables could go either way, regarding the United States’ unique geopolitical strength. According to Indra Overland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – the U.S. could surrender a major advantage if it abandons fossil fuel. The nation could, however, remain dominant in the global energy sector if it continues to lead on innovation and clean energy tech-related intellectual property.
Research from Finland’s Aalto University claims the residential cooling sector could sustain 540 GW of solar generation capacity if the world’s air conditioning systems were solar powered. Academics say synergies between PV and the cooling industry will become stronger as demand for the latter shifts nearer the equator, where seasonal differences in weather are less pronounced.
The Norwegian developer has opened plants in Ukraine and Egypt. Scatec Solar recently announced it managed to triple energy production in the last year.
State-owned gas and power provider Sonegalz intends to develop five hybrid projects in off-grid areas in the south of the country. The highest bid came in at the equivalent of $0.13/kWh.
The Lone Star State accounted for almost half of the activity witnessed in the world’s biggest corporate clean energy marketplace but analysts are excited about the prospect of Beijing mandating companies to purchase minimum levels of green electricity.
The 10 MW facility is located in Tozeur, in southern Tunisia. The project was also financed by the German development bank KFW under Tunisia’s solar program Plan Solaire Tunisien (PST).
A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That compares with just 450 MW which came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.
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