It’s Time To Invest In Renewable Energy

It’s Time To Invest In Renewable Energy

Choosing to reduce one's investment in fossil fuels (divestment) has been a hot topic for the last five years, at the time when uni students started calling out their institutions on using fossil fuels in their portfolios. Arguments about divestment often focus on the investment morality, however the recent economic advantage of divestment is becoming increasingly hard to ignore. Just last month Advisor Partners, a portfolio planner, released that in the time between 2014 and 2015 the biggest pension fund in New York lost approximately $135m because of their holdings in fossil fuels. Additionally, environment finance activist group Market Forces...

Construction of Collinsville solar power station could start this year

Construction of Collinsville solar power station could start this year

If a deal is made to sell the electricity, a $100 million solar power station could be under construction this year in North Queensland's Collinsville. Independent power producer Ratch Australia has plans to construct the station on a coal power station they bought in 2011 that is no longer used. Anthony Yeates, the business development executive general manager of Ratch Australia stated that they had been short-listed in Ergon Energy tender process and if that failed they had other possible clients for an off-take agreement. "The bulk of the development activities are all completed, so it's a fairly advanced project...

World’s Biggest Floating Solar Plant Being Built In Japan

World’s Biggest Floating Solar Plant Being Built In Japan

Kyocera Corp. have developed a clever means of creating and operating solar power plants without a huge loss of precious landscape- floating the solar panels on the water. The Japanese multinational electronics and ceramics manufacturer is not the first to come up with this idea. France based company introduced the idea in 2006, and the year after that a wine producer, Far Niente, opened a small floating solar plant on a pond that was designed to reduce energy costs and maintain valuable vine acreage. Just last year, water giant United Utilities installed the biggest floating solar plant in Europe, constructed on a reservoir...

Coal imports slashed in India’s solar rise

Coal imports slashed in India’s solar rise

Solar power tenders in India have significantly dropped in price, making the price estimates on the renewable fuel unstable. This dramatic decline in cost has also instigated worries that the demand for thermal coal imports may be a lot lower than people were relying on. In November and December, Indian states awarded global players large solar power contracts which are now priced at 20 per cent less than they were 12 months ago. This illustrates the up-rise of solar power over coal imports in the competitive industry of power generation. Although they were just recently cut back in December, figures...

Could solar power save the Gaza electricity crisis?

Could solar power save the Gaza electricity crisis?

In Gaza, having light available in the emergency room can determine if a patient lives or dies- solar panels could solve this problem, and save lives. Canadian doctor Ben Thomson is a volunteer doctor in Gaza, who has had patients die in his hands because he was forced to operate in the dark. What would have normally taken me five minutes or less, took me about 25 to 30 minutes, and the boy died … because of something that was easily preventable," said Dr Thomson. "That could have been fixed. He could have survived, had I been able to see...

How To Get Solar Without A Roof

How To Get Solar Without A Roof

Many renewable energy lovers are not in a position to have a solar system installed on their home, whether it's because they live in an apartment building, have a shaded roof or simply can't afford it. According to GTM Research's report, around one fifth of the market that is suitable for solar power systems will have solar installed on their rooftop by 2020, and the installation rate will not be letting up. It is clear the future holds a saturated market. But what about the people who aren't in the addressable market? Community solar holds the key that allows these households to...

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