Renewable Energy

Seventeen US governors have agreed to jointly pursue clean energy goals, including better energy efficiency and higher rates of renewable energy, modernising the electricity grid and promoting electric and alternatively fueled vehicles. The governors’ Accord for a New Energy Future makes an economic case for expanding cooperation between states on renewable energy by supporting the growth of innovative US companies. The document ...

Promoting non-fossil energy such as wind power, China appears to be in the middle of an energy revolution to power its economy in a sustainable manner China’s newly installed wind power capacity reached a record high in 2015 amid increasing efforts from the government to boost clean energy. The new wind power capacity jumped to 32.97 gigawatts last year, more ...

King Mohammed VI of Morocco on Thursday in the south-central town of Ouarzazate officially launched the first phase of the solar plant “Noor I”, believed to be the largest Concentrated Solar Power(CSP) plant in the world. This phase will be the first of three for the plant, which began construction in 2013, and by 2018 is predicted to supply 1.1 ...

“Investments in renewable energy should be the concern of both the government and the private sector. This is one of the best ever innovations in COP conferences and it is time private investors in Africa wake up and seize the opportunity,” notes Assaad Razzouk, chairman of Association for Sustainable and Responsible Investment in Asia at a discussion on the theme, ...

A new multi-million-dollar initiative to promote clean energy investment in developing countries was on Monday (December 7, 2015) announced at the COP21 climate talks in Paris, France. The Global Environment Facility (GEF) will provide $2 million in initial funding to help kick-start the formation of the “Climate Aggregation Platform” (CAP) in 2016.  The CAP is expected to leverage over $100 ...

Ahead of the UN Climate Summit, a group of NGOs is asking governments, “Are you in?” – as part of a new report and video which highlights the development benefits of the transition to 100% renewable energy. This comes as Heads of State travel to Paris and thousands of people prepare to take to the streets in more than 150 countries to call for ...

Stéphane Richard, CEO of Orange and Isabelle Kocher, Deputy CEO and Chief Operating Officer of ENGIE, on Friday in Paris, France signed a partnership covering two projects – the expansion of the rural electricity grid and ENGIE’s optimisation of energy supplied to Orange’s telecoms infrastructure in Africa. The deal between Orange and ENGIE – both official partners of COP21 – ...

Munich, Germany-based European insurance and asset management firm, Allianz, has announced that it will pull the plug on investments in coal companies and increase investments in wind energy. Allianz is one of the largest financial institutions in the world, managing €2 trillion. They estimate the decision will result in a shift of €4 billion. 350.org Europe campaigner Nicolò Wojewoda comments: ...

Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement with Project Gaia Prospects Limited (PGPL) for the conduct of a pilot study on the use of Ethanol clean cookstoves, a cleaner and safer way of cooking. SNEPCo will provide 2,500 clean cookstoves and 15,000 canisters for distribution to households in Lagos while PGPL will ensure the supply of ...

Foremost development finance institution, Bank of Industry (BoI) in a collaboration with the United Nations Development Programme (UNDP), recently commissioned 48KW pilot model off-grid solar home systems in two rural communities in the North-East and South West zones of the country. Olufemi Adeosun writes that the initiative will not only help to cater for the energy needs of the people in ...