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CommentWire
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The global wind energy industry is facing challenges including rising raw materials costs, supply chain problems and skills shortages, due mainly to booming demand. With renewable valuations at an all time high, Datamonitor predicts strong growth will continue on the back of record sustainable energy investments driven by technology maturity, policy incentives and heightened investor appetite.
Published By Datamonitor
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31 Mar 2008 |
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Expert View
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Despite the economic downturn, continuing raw material supply limitations and high prices, the solar photovoltaics industry enjoyed very strong growth in 2007. Although subsidy changes in key markets could curtail this upward trend, it is more likely that manufacturing efficiencies, among other factors, will more than offset the proposed subsidy reductions without a major impact on profit margins.
Published By Datamonitor
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20 May 2008 |
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Headquartered in Abu Dhabi, which is set to become home to Masdar, the world's first zero-carbon city, the International Renewable Energy Agency has expanded at a rapid pace, nearly doubling the number of signatory countries from 75 to 148 since its inception. The association has the potential to become a leading voice in deciding green energy policy worldwide.
Published By Datamonitor
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21 Jul 2010 |
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Expert View
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The global drive to improve the environmental profile of energy production continues, and the UAE has the potential to be a leader in this area, partly due to its natural geographical advantages. While no immediate changes can be expected, it is likely that nuclear and renewable power will play a significantly greater role in the federation's energy production activities over the longer term.
Published By Datamonitor
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25 Jun 2010 |
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CommentWire
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The EU, which has missed its 2010 renewable energy target by 75%, is turning towards North Africa for sustainable energy sources. The DESERTEC project, a E400 billion scheme to fund the construction of solar panels in the Saharan desert, is expected to contribute 15% of total EU power demand by 2050. If the project succeeds, the global approach to the supply of energy may be reconsidered.
Published By Datamonitor
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07 Jul 2010 |
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Expert View
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The global renewable energy sector has recovered from the global recession due to rising investments, particularly in the wind and solar markets. While this growth has been fueled by both developed and developing economies so far, Datamonitor believes that the latter will become increasingly important over the coming years.
Published By Datamonitor
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12 Apr 2011 |
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CommentWire
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Solar PV cell manufacturers are aware of the need to cut costs to make solar power generation more competitive and eventually have it reach grid parity. As traditional silicon is in short supply, some manufacturers are turning to lower quality metallurgical silicon to achieve cost reductions. This move, while controversial, is vital to the long-term success of the industry.
Published By Datamonitor
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20 Jun 2008 |
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Expert View
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A growing number of eco-awards are being won by process heat recovery systems. The Aqua-Society, for example, won the 2010 German Sustainability Award for its production of electricity from low-pressure waste steam at temperatures as low as 70 degrees Celsius. While such capabilities could help popularize the technology, it remains to be seen whether it can match the success of wind and solar.
Published By Datamonitor
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30 Jun 2010 |
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Expert View
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The Clean Development Mechanism - a framework designed to stimulate sustainable development projects in developing countries using predominantly EU funding - is to subsidize new coal-fired plants in India and China. This controversial decision raises serious concerns about the framework's environmental integrity and the legitimacy of its contributions to sustainable development.
Published By Datamonitor
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23 Jul 2010 |
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Expert View
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New UN figures show that, despite the global recession and lackluster climate change talks, 2009 saw more renewable power generation capacity installed than traditional fossil fuel capacity. Having already negotiated such a difficult period, fears that the clean energy investment bubble is about to burst are unfounded.
Published By Datamonitor
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23 Jul 2010 |
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