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…

Read More

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)….

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

ENTREVESTOR: Dartmouth cleantech firm in growth mode

So much is happening at CarbonCure Technologies these days that the best way to illustrate the Dartmouth cleantech company’s progress is to zero in on its customer and revenue growth. We could highlight that CEO Robert Niven was one of four winners of the recent Manning Awards for Innovation. Or that Team CarbonCure is a semifinalist in the global US$20 million NRG COSIA Carbon Xprize. But what stood out in a recent interview with vice-president of sustainability Jennifer Wagner was the company’s fundamental growth. Wagner said the company aims to…

Read More

World Energy Council Brings 7 New Realities In Energy To COP22 Negotiations In Marrakech

As a UN accredited body since 1953, the World Energy Council is recognised as a reliable source of thought leadership and information to the United Nations Framework Convention on Climate Change (UNFCCC) process, negotiating teams and stakeholders. To keep the momentum of the World Energy Congress and the Council’s thought leadership on embracing the new energy frontiers, the World Energy Council brought their 7 new realities messages launched during its World Energy Congress to the 22nd Conference of the Parties (COP22) negotiations in Marrakech. The World Energy Council focused the…

Read More

WINDENERGY DEVELOPMENTS

Following Japan s 2011 Fukushima disaster, the German government decided to move away from largely nuclear power and carbon-based energy toward clean renewables such as wind, solar, biomass and hydropower. Offshore wind energy will play a great role in this transition. Last year alone Germany connected 2,282.4MW of new offshore wind power capacity representing 75.4 per cent of all net capacity brought online in Europe. One of the events that facilitates wind energy development is WindEnergy Hamburg 2016, an event which will bring together Hamburg Messe as a trade show…

Read More

COP22 outcomes and reactions

The major UN climate negotiations of the year, COP22, are about to close in Marrakech with the highlight of the meeting being that countries, business and investors showed their resolve and determination to deliver the Paris Agreement through a variety of statements, initiatives, ratifications and pledges. Just in the past few days, more nations from around the world have ratified the agreement including the UK, Australia, Pakistan and Japan. The 100% renewables commitment from the 48 countries now in the Climate Vulnerable Forum and the first 2050 plans from some…

Read More