How ESG creates value for companies in the renewable energy industry
Companies that embed ESG (Environmental, Social, and Governance) principles into their core strategies are better positioned for long-term resilience and competitiveness in the rapidly evolving renewable energy industry.
World now has five times more PV than nuclear power
According to the World Nuclear Industry Status Report 2024, the world had 408 operational reactors producing 367 GW in the middle of the year, which is significantly less than installed capacity predictions for solar by the end of the year and five time less the world’s cumulative PV capacity.
UK think tank predicts 593 GW of new global PV installations for 2024
UK-based energy think tank Ember says it expects 593 GW of solar to be added throughout the world this year – 29% more than in 2023. It says 292 GW were installed by the end of July.
How innovations in electrolyzer technology are making green hydrogen more affordable
The cost-effectiveness of green hydrogen hinges on the efficiency and scalability of electrolysers. Historically, the high cost of electrolysers and the electricity required for water electrolysis have been significant barriers. However, recent technological innovations are addressing these challenges.
RE+ 2024: Key takeaways on the U.S. solar industry
The 4.9 earthquake that shook Anaheim on the last day of RE+ 2024 did little to rattle the enthusiasm seen and felt at the largest energy conference in North America.
Huawei unveils world’s largest microgrid
China’s Huawei has built a 400 MW/1.3 GWh solar-plus-storage off-grid facility in Red Sea New City, Saudi Arabia.
Innovation driving change in solar tracker market
Shipment volumes are growing in the global solar tracker market as innovation in project development drives demand. Joe Steveni, of S&P Global Commodity Insights, takes a look at the factors shaping the commercial landscape for trackers, from agrivoltaics and undulating terrain to Indian ambition and the United States’ Inflation Reduction Act.
End of the line for a U.S. solar giant
SunPower, one of the largest, oldest, and most influential solar businesses in the United States, has closed its doors. Residential solar installers in the United States have struggled as interest rates have risen and cash generation has emerged as an issue.
The Hydrogen Stream: India’s Uttar Pradesh receives INR 1.15 lakh crore investment proposals from 17 firms for green hydrogen production
The state government of Uttar Pradesh has received investment proposals amounting to close to INR 1.15 lakh crore from 17 different entities for producing green hydrogen/green ammonia
Using surplus PV power for seasonal underground thermal storage
Scientists have proposed a new system that uses surplus PV energy in the spring and the autumn to charge up underground thermal energy storage for later use in the summer and winter. They have simulated it on a school facility in Seoul, with a few optional configurations for thermal storage. Power savings were up to 39%.
