Capital Dynamics lines up $1.2 billion to buy renewables
Capital Dynamics, one of the biggest buyers of U.S. solar farms, closed a $1.2 billion fund to acquire even more clean-power plants.
Clean & renewable energy
Middle East & Africa to install more than 83 gigawatts of solar by 2023
New research focusing on the Middle East and Africa has forecast solar installations to skyrocket by 170% this year and continue accelerating to install more than 83 GW of new solar capacity between 2018 and 2023, nearly 40 times current capacity.
Ireland to raise carbon tax to help fight climate change
Taoiseach says move is necessary as part of climate change obligations.
Corporate clean power purchases reach 7.2 GW, surpassing 2017 record
Purchases are estimated to reach 10 GW by the end of the year.
France approves bids for solar power projects of 720MW capacity
The ground solar projects, which could provide power for around 100,000 homes annually, are part of the government’s plan announced in 2016 to add 3,000 MW of solar capacity to France’s energy mix by 2020.
World now has 1 TW of wind and solar capacity, 2 TW expected in 2023
The capital expenditure for constructing these plants totalled USD 2.3 trillion (EUR 1.99tr), while the next 1 TW of capacity will cost 46% less.
5,500 U.K. churches are now using renewable energy
Churches are also shunning the most polluting fossil fuels in their investment portfolios, which are typically used to fund the retirement of clergy and upkeep of church buildings.
New ‘flow battery’ could power green homes when the sun goes down and the wind stops blowing
Researchers report the discovery of a potentially cheap, organic molecule that can power a flow battery for years instead of days.
Green light given for a 100MF solar farm in Australia – the country’s largest ever
French renewable energy producer Neoen announced that full construction on Victoria’ Numurkah Solar Farm is ready to commence this week.
China set to exceed 210 gigawatt wind power target by 2020
China will surpass its national cumulative wind power target of 210 gigawatts (GW) by 2020 and install more than 20 GW per year on average over the next 10 years.