Press Release: Smart Energy Project EnergieKoplopers Wins Two Prestigious Awards

Dutch market model for smart energy wins two awards at the 8th European Smart Energy Awards London, 3 February 2017 – At the award ceremony of the European Smart Energy Awards in London, USEF Foundation and smart energy pilot ‘EnergieKoplopers’ have received the Energy Market Innovation of the Year Award and the Smart Energy Roll Out Innovation Award. The Smart Energy Awards are part of the Smart Energy UK & Europe Summit in London. They are voted on by 15 judges from utilities and consumer bodies and aim to recognise…

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Report: The Clean Energy Economy Employs 4.5 Million Americans

Many in the environmental community sounded alarms during the first week of Donald Trumps presidency. First, President Trump removed references to climate change from the White House website and replaced them with a statement on his administration’s energy policy that seeks to reduce “burdensome regulations on our energy industry.” Then, White House Chief of Staff Reince Priebus issued a memorandum that puts a hold on pending or new regulations and might affect almost completed Department of Energy efficiency standards for a number of products, including air conditioners. Trump’s regulatory freeze…

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Accelerating Off-grid Renewable Energy: Key Findings and Recommendations from IOREC 2016

The business case for off-grid renewables as a means to expand rural electricity access keeps growing stronger, thanks to steady cost reductions and technological innovation. Yet further accelerating the growth of either mini-grid or stand-alone solutions will depend also on stable policies and regulations, along with dedicated funds and de-risking instruments for renewables. Technology and business innovation could cut the costs of renewable power generation for mini-grids by 60% in 20 years, according to this conference report from the International Renewable Energy Agency (IRENA). Yet around 600 million people are still…

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Goldman Sachs – The Low Carbon Economy

The Low Carbon Economy GS SUSTAIN equity investor’s guide to a low carbon world, 2015-25 We explore the low carbon economy, now a growing, $600 bn+ pa revenue opportunity. Between 2015 and 2020, solar PV and onshore wind will add more to global energy supply than US shale oil production did between 2010 and 2015. By 2020, six in ten lightbulbs will be LEDs; and our analysts expect carmakers to sell 25 million hybrid & electric vehicles by 2025, 10x more than today. We estimate that these technologies will save…

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In 2020 the Tesla Gigafactory will produce three times the original plan of 35GWh per year worth of batteries

Tesla had originally planned a production capacity of 35 GWh of battery cells and battery pack production of 50 GWh at the Gigafactory 1. Tesla now plans that capacity for 2018 and will triple that production level to 105 GWh worth of cells and 150 GWh for battery packs for full production around 2020. Tesla Motors Gigafactory 1 (GF1) is the world’s leading battery production facility, maintaining high efficiency and output while achieving the lowest capital investment per gigawatt hour (GWh) and the lowest production cost per kilowatt hour (kWh)….

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The Growth Of Green Finance

Simply speaking, green finance refers to the use of financial products and services, such as loans, insurance, stocks, private equity and bonds in green (or eco-friendly) projects. It has grown by leaps and bounds in recent years, providing public well-being and social equity while re­ducing environmental risks and improving ecological integrity. And global interest in green energy finance is increasing at a rapid pace—in 2015, investments in green energy reached an all-time high of $298 billion.   Promise and Potential Environmental sustainability, climate change mitigation, resource conserva­tion and sustainable development…

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How blockchain is impacting clean energy

No one enjoys paying their electricity bill. It keeps going up and up, with a bunch of new nonsense fees thrown on top every few years. What’s worse is that many parts of the world still rely on dirty fossil fuels to produce this energy. By now we have all heard about the potential of solar and other renewables to shake up the energy market, but you might not know that blockchain technology also has its place in the mix. Several startups are developing projects that integrate blockchain and solar…

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Plug Power Closes $25 Million Loan Facility Agreement With NY Green Bank

Plug Power Inc. (NASDAQ:PLUG), a leader in providing energy solutions that change the way the world moves, announces it has closed a $25 million senior loan with NY Green Bank. This loan provides Plug Power with additional liquidity and flexibility, and does not require minimum cash balances as was the case with Plug Power’s prior senior loan facility.  The loan leverages the Company’s existing restricted cash, and will be repaid as that cash is released.  Plug Power will utilize the capital for the deployment of additional hydrogen and fuel cell…

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Construction Corner: Building a city of the future from the Internet up

Smart cities is a concept we’re going to hear more of this year. Korky Koroluk The idea is not new, but, until recently, it was nothing but a concept. Now, spurred by the rapid development of artificial intelligence (AI) and autonomous vehicles, the idea seems closer to becoming a reality. In fact, we now have been told that Sidewalk Labs, a spinoff of Alphabet, Google’s parent company, is scouting locations for a planned “city of the future.” There had been rumours for months. Then, early in December, Sidewalk Labs CEO…

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