Solar PV

In every corner of the globe, markets are experiencing an increasing need for capital to back renewable energy assets. Apart from conventional loans, bonds and equity schemes, Shariah-compliant financing instruments, such as Sukuk, serve as a catalyst for funding PV projects, Deloitte finds.

With buildings responsible for 36% of EU greenhouse gas emissions and half the bloc’s energy demand, European cities will have to accelerate deployment of renewable energy and foster substantial investment in energy efficiency to become carbon neutral by 2050. A new report has found ‘solar skins’ are well positioned to help achieve that goal and multiply the contribution of rooftop solar.

A public enterprise grade energy blockchain has powered up with the promise to accelerate a low-carbon, distributed electricity future. For the first time, energy sector companies are hosting validator nodes on a decentralized network as they seek to adapt to a more digitalized and decentralized energy system.

Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.

More than a quarter of global electricity is generated from renewables, with solar the third largest source according to an annual overview drafted by global policy network REN21. Despite a year-on-year fall, solar accounted for the majority of generation capacity additions last year. But a lack of decarbonization policies across the heating, cooling and transport sectors puts a patchy energy transition in prospect.

Flying in the face of claims the rise of China’s clean energy sector undermines the security of developed nations and harms the profitability of their businesses, a research paper argues such a view is outdated and ill-advised. It presents four opportunities for Western players to tap ‘Green China Inc’.

Australia’s most iconic building has marked World Environment Day with a series of sustainability announcements, including contracts to source wind and solar power from major projects in the state of New South Wales.

Among 45 critical energy technologies and sectors assessed in a tracking report by the International Energy Agency, only seven are keeping hopes alive that climate, energy access and air pollution goals can be met.

A tracking report from five major international agencies finds the world is lagging behind sustainable development goals for 2030. While more effort is needed to reach some of the world’s poorest populations, though, notable progress has been made in reducing the electrification deficit, thanks to off-grid solar and minigrids.

With the annual cost of energy rising per bed across Australia’s aged care sector, C&I PV and energy-efficiency specialist Verdia says that a major energy transformation is taking place throughout the country.