A new international report by the UK’s Overseas Development Institute (ODI) has revealed that Australia is still subsidising fossil fuel production to the tune of a massive $A5.6 billion a […]
Tag: oil
Complete phase-out of fossil fuels feasible by 2050: GreenPeace report
A new report has reinforced the view that there are no major economic or technical barriers to shifting the world to 100 per cent renewable energy; nor to the complete […]
Renewable-focused YieldCo finance will outstrip oil & gas equivalents
A new Deutsche Bank report has predicted renewable energy finance vehicles – known as “YieldCos” – will rapidly outgrow their oil and gas industry equivalents, and become and order of magnitude bigger […]
Solar and wind & other renewables account for 75% of new capacity in USA for Q1 of 2015
Solar and wind energy were top among the renewable energy resources that combined to make up more than 75 per cent of all new electricity generation added in America in […]
Solar PV improvements changing naysayers’ stance
Those keeping a close eye on the solar market would likely agree that this is a time of change, perhaps even a time of hope. PV technology has matured to […]
National Bank of Abu Dhabi says the future of energy is renewables
Fossil fuels can no longer compete with solar technologies on price, according to one of the biggest banks in Middle East, in a report that predicts the vast bulk of […]
SunEdison says renewables market will be worth $4 trillion by 2020
The world’s largest renewables company has predicted that the global solar and wind energy markets with be worth $4 trillion by as soon as 2020. US-based SunEdison said on Wednesday that the […]
Distributed rooftop solar is the new ‘shale’ for US energy market
A new US report has described solar energy as the new “shale,” predicting it will transform power markets, with large-scale solar expected to reach grid parity in nearly 75% of […]
Swiftly dropping renewable energy prices present ‘a historic opportunity’: IRENA
The International Renewable Energy Agency – IRENA – is calling on the governments to start making sensible decision about the future of energy, based on real assessments of technology costs. […]
Conergy to build 2MW heart-shaped solar plant in New Caledonia
The Australian arm of German solar giant Conergy has announced it will be building a 2MW solar PV plant in New Caledonia – a project that aims to send a […]
Google to invest $145m USD to transform spent oil field into 82MW solar farm
Internet search engine giant Google is investing $145 million in a renewable energy project that will see an old oil and gas field in California transformed into a solar farm. […]
GMO Capital founder says wind and solar will replace fossil fuels–more quickly than expected
On of the world’s leading funds managers, GMO Capital co-founder Jeremy Grantham, has warned of the dangers of investing in new fossil fuels, saying it is certain they will be […]
