Energy storage has already begun to unlock the full potential of wind and solar energy, and it’s happening faster than almost anyone anticipated. It is a must for the transition to a low-carbon society. Simply put, energy storage evens out what is otherwise intermittent electricity generation, meaning that solar canContinue Reading

Bloomberg New Energy Finance (BNEF) report predicts that wind and solar is expected to grow to almost 50% by 2050 and coal will shrink to 11% of global electricity generation plus batteries will increase in popularity as prices will fall. Specifically, BNEF predicts that lithium-ion battery prices — which haveContinue Reading

Vestas topped the wind turbine supplier charts in 2017, according to preliminary data from consultancy FTI Intelligence. The Danish manufacturer was boosted by a wide geographic diversification strategy and strong performance in the US, FTI said. Siemens Gamesa came in second, mainly due to the merger between Siemens Wind PowerContinue Reading

Clean energy investments in India dropped 20 per cent to $11 billion last year according to  Bloomberg New Energy Finance (BNEF) report. However in China where investment in all clean energy technologies increased to $132.6 billion, up 24 per cent from 2016. After China, the next biggest investing country wasContinue Reading