News

January 17, 2019
Asia’s demand for solar power to sink as key markets shed subsidies and embrace auctions

After ten straight years of expansion, demand for solar power in the Asia Pacific is set to fall for the first time in 2018 before stabilising over the next five years as China and other large markets that have been driving growth begin to diminish their solar subsidies and move towards auctions from feed-in tariffs, or FIT.

January 9, 2019
NREL evaluates floating solar technology potential in US

NREL has evaluated the potential for floating solar across the US in a new study, notably highlighting its benefits on water reservoirs in arid regions as well as alongside hydroelectric facilities. The US may have claimed the first floating installation around a decade ago on an irrigation pond in California but few projects have materialised since.

January 9, 2019
In 2018, Hawaii Made Big Progress On Path To 100% Renewable Energy

Utility Hawaiian Electric says progress on renewable energy continued to help drive the transformation of the Hawaiian Electric companies in 2018. In the 10 years since the state’s Hawaii Clean Energy Initiative, they have reduced fossil fuel use by 26%, representing 48 million fewer gallons of imported oil per year to generate electricity.

January 9, 2019
Solar rooftop panels ease thirst for power

Vietnam will likely face a power shortage if electricity generation is not increased and there is not enough fuel (coal and gas) for generation. It is forecast that the demand for electricity will continue to grow at a high level and insufficient power supply could lead to a heavier reliance on imported fuel, especially in power generation, while the higher demand would also place greater pressure on power infrastructure.

January 9, 2019
A new solar technology could be the next big boost for renewable energy

Across the globe, a clutch of companies from Oxford, England to Redwood City, Calif. are working to commercialize a new solar technology that could further boost the adoption of renewable energy generation. Earlier this year, a startup received $3 million from the U.K. government to develop the technology, which uses a new kind of material to make solar cells.

December 26, 2018
The outlook is sunny for solar in 2019, according to Credit Suisse

Credit Suisse predicts new solar capacity will top out at 80 GW this year but then rebound to 94 GW next year, thanks to a 2 GW leap in installations in China on this year’s figures, a similar rise in India and a whopping 6 GW advance in the U.S. The report’s authors foresee 152 GW of solar capacity being added in 2022 thanks to favorable policy, corporate demand and popular support.

December 26, 2018
Asian cities stand to lure climate investments worth US$20 trillion

The 2015 COP21 was a landmark moment in the fight against climate change, not just because against the odds, 195 nations had come together to pledge to limit temperature rises to no more than two degrees, but because of the ramifications it would have on sustainable investments. A new IFC report indicates Asian cities will pull in more than US$20 trillion in climate investments in six important sectors by 2030.

December 26, 2018
Storm clouds loom for Asian companies unready for climate change

Asia has been battered in 2018 by a series of extreme weather events such as floods and typhoons, and the prospects for coming decades are bleak with rising temperatures set to spur even more severe cases of inundation. While many governments are taking steps to reduce climate change-inducing emissions, with an onus placed on companies operating in the region to protect themselves against environmental threats.

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