Oxford Photovoltaics a U.K. company developing solar cells that use a crystalline material called a perovskite to achieve higher conversion efficiency, says it is aiming to have a 250-megawatt-a-year production line operating by the end of 2020.
The Seoul-headquartered Green Climate Fund has approved $5 billion for about 100 green projects in developing countries over the last four years, in the form of debt, equity, grants or guarantees.
Uptake uses artificial intelligence and machine learning to prevent failures by trucks, locomotives and wind turbines, taking data from connected sensors -- the Internet of Things -- to detect unusual vibrations or temperature changes that often precede failures and then alerting humans who can arrange maintenance.
Energy-dense Innolith batteries could make EVs cheaper than ICE vehicles.
Utilities and companies in India are planning hundreds of megawatts of solar projects floating on water bodies as it becomes increasingly difficult to secure large parcels of land.
The European Bank for Reconstruction and Development is on track to reach 40% green financing share in overall operations by 2020, with nearly two-thirds of that going to prevent energy wastage.
The rapid expansion of clean energy in Japan in the wake of the Fukushima earthquake and nuclear disaster almost eight years ago helped usher in a new way to finance infrastructure projects, according to Toru Inoue, a vice president with Goldman Sachs Group Inc.’s infrastructure and structured finance group.
There will be a “doubling of the pace” of offshore wind deployments in the U.K. over the next decade to reach an industry target of 30 gigawatts by 2030, according to Matthew Wright, managing director at Orsted A/S.
Adoption of electric vehicles can make fuller use of the existing infrastructure across the U.S. and therefore “reduce the unit cost of electricity for everyone”, according to Patricia Poppe, president and chief executive at CMS Energy Corp.
The coming era of unsubsidized wind and solar projects is likely to see companies with large balance sheets such as oil and gas majors and utilities stepping in to cover the electricity price risk and so helping make those plants financeable.
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