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A study by Bloomberg New Energy Finance (BNEF) in Australia has discovered that renewable energy is cheaper to produce than the old conventional fossil fuel sources, and that is without the subsidies. The study shows that electricity can be supplied from a new wind farm at a cost of AUD ... keep reading
Despite being the world’s biggest greenhouse gas emitter, China is increasing its renewable sources of energy- Image: Fernando Tomás China’s National Energy Administration (NEA) has just released some remarkable data on the addition of new electric generating capacity in 2013. China’s electric power system has been ... keep reading
IKEA is now offering ’off the shelf’ solar power packages to UK consumers, in a move that could help to mainstream domestic solar power systems. It is the first major retailer to offer a comprehensive home photovoltaic installation service, having teamed up with Hanergy, a thin-film PV supplier, to produce ... keep reading
One of New York’s largest utilities will save $84 million by paying developers to put solar panels on the roofs of buildings. And it's not alone, Maria Galucci from Inside Climate News reports. A handful of U.S. utilities have discovered they can save money by encouraging small ... keep reading
Bloomberg New Energy Finance reports that solar power capacity installed around the world this year will beat wind for the first time driven by stronger policy support in key markets "Photovoltaic plants will add about 36.7 gigawatts globally in 2013 and wind farms 35.5 gigawatts, or almost 25 ... keep reading
Financial bubbles can wreak havoc on industries (think dot com) or commodities (like gold). Investor excitement builds, asset prices skyrocket, and eventually enthusiasm gives way to a crash, wiping out huge amounts of value practically overnight. In short, the bubble bursts. It’s time we extended this framework to a ... keep reading
Like so many civilization-changing discoveries – penicillin, radioactivity, X-rays and smallpox vaccinations – a new twist on solar energy production, uncovered by Penn State researchers, suggests that in the not-so-distant future, solar energy will be not only more efficient, but more affordable than it is today. This is saying quite a lot ... keep reading
Bloomberg reports that Germany has increased spending on energy research 77 percent in the past seven years, benefiting mainly renewable-power and efficiency projects as the country shuts nuclear reactors. The government spent 708 million euros ($938 million) on research and development of energy technologies last year, up from 399 million ... keep reading
Sainsbury's has installed 100,000 photovoltaic solar panels across 210 stores, retaining its status as the largest multi-roof solar panel operator in Europe. According to Sainsbury's, the panels, enough to cover 35 football pitches, will help it reduce total CO2 emissions by an estimated 9,785 tonnes per ... keep reading
The largest state in Brazil plans to generate almost 70 per cent of its electricity from renewables by 2020. The government of Sao Paulo has launched an energy plan which roadmaps the development of the state’s energy mix and highlights how it plans to utilise more renewables. The plan ... keep reading
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