The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.
BloombergNEF’s latest modelling has found that solar PV is the key driver behind an accelerating cost decline in green hydrogen. The forecast shows green hydrogen’s cost declining by 85% by 2050, undercutting natural gas as well as both blue and grey hydrogen production.
Sinopec wants to build 1,000 hydrogen refueling stations by 2025. Ways2H is building a facility in the Tokyo area that will convert daily 1 ton of dried sewage sludge into 40-50 kilograms of hydrogen for fuel cell mobility and power generation. Ørsted wants to deploy two renewable hydrogen production facilities for a total of 1 GW by 2030. Wacker Chemie is planning to produce green hydrogen and renewable methanol at its German site.
More than 260 GW of renewable energy was added globally in 2020, surpassing 2019’s previous net increase record by almost 50%, data from the International Renewable Energy Agency found. Australia’s pace of growth was almost double the global average, coming in at 18.4%.
“If I only had a brain …” Smart digital technology enables electricity substations to deliver greater reliability of operation and more consistent grid stability with increasing integration of renewable energy sources.
Financiers and investors have always understood that PV power plants play a more prominent role than just generating profits – they also produce electricity without emitting carbon. Lately, the sector is discovering that PV can fulfill a much larger range of environmental functions – improving biodiversity, removing carbon from enriched soils, and producing food in an environmentally sustainable way. Everoze Partner Ragna Schmidt-Haupt argues that putting ecological sustainability at the heart of PV project planning and operation should become the new standard.
The $2 trillion package includes a proposed 10-year extension of the ITC and PTC and calls for further incentives to add transmission capacity. Most solar advocates liked it, but one nonprofit panned it as being too industry-friendly.
Sun Cable continues to progress plans for the world’s biggest solar+storage project, lodging a development application for the first phase of a solar module manufacturing and assembly facility to be constructed in Darwin.
An independent exhibition brought to Melbourne Design Week by a group of 15 of the city’s top architectural firms demonstrates the blueprint for Melbourne’s transformation to “A New Normal”. “A New Normal” is a plan to transform Greater Melbourne into a self-sufficient city by 2030.
Two recent studies have separately shown that many scenarios assessing global decarbonization pathways are still predicting too-low future PV capacity and too-high LCOEs for the solar technology. The researchers analyzed scenarios provided by scientific researchers, government bodies and non-governmental organizations, including the United Nations’ Intergovernmental Panel on Climate Change (IPCC), the U.S. Energy Information Administration (EIA), the European Commission, the Indian government, the International Energy Agency (IEA), and the International Renewable Energy Agency (IRENA), among others.
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