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CommentWire
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Global solar energy giant Yingli Solar recently awarded US non-profit solar installer GRID Alternatives the biggest donation it has ever received, in a deal that makes the Chinese solar company GRID's official supplier. The partnership will provide solar energy for low-income families, and sets forth a blueprint that could help shape the UK's own energy and social ambitions.
Published By Datamonitor
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31 Mar 2011 |
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CommentWire
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By restricting funding for coal power stations to all but the poorest countries, the World Bank is taking a step in the right direction towards a greener world. While this move has faced criticism, reducing extreme poverty has to take preference over low carbon energy. Ultimately, the World Bank has to find a way to help poorer countries use funding to develop cleaner alternatives.
Published By Datamonitor
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13 Apr 2011 |
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Expert View
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In one of its more controversial recent decisions, the World Bank has agreed to loan South Africa $3.75 billion to build a 4.8GW coal-fired power plant. Although this project is an urgent response to crippling power shortages that are posing a real threat to the industries on which the country is so dependent, the proposal has attracted criticism, especially from environmentalists.
Published By Datamonitor
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22 Apr 2010 |
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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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Siemens has won a contract to supply 80 turbines to a 288MW offshore project in Germany situated near the North Sea. This marks the first-ever offshore project with a long-term service level agreement in Europe, indicating the emergence of a new trend towards flexible service packages combined with equipment capability.
Published By Datamonitor
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19 Feb 2013 |
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Expert View
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At a global level, coal makes up the bulk of new power generation capacity, particularly in China, where the country's economic growth depends on coal-fired power generation. Renewables, such as wind, have a big part to play in reaching 2020 emission targets, but CCS speaks to issues such as security of supply and long-term meaningful carbon abatement in a way renewable power generation cannot.
Published By Datamonitor
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27 Apr 2009 |
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Expert View
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The recent dip in crude oil prices, firming coal prices and the sustained hot weather front across Europe have all exerted negative pressures on carbon prices. These transitory conditions bear no resemblance to the lack of meaningful price tension seen in phase I of the EU ETS, as the markets' longer-term expectation continues to support a major shortfall in phase II allocations.
Published By Datamonitor
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31 Jul 2008 |
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Expert View
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The prospect of a potential energy supply gap has revived the carbon floor price debate. While the British government has proposed a minimum price under which carbon cannot fall - which would make fossil fuel generation more costly - it is not yet clear whether the floor price is a real commitment to cleaner technology, a much-needed subsidy for nuclear power, or both.
Published By Datamonitor
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24 Nov 2010 |
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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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Expert View
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The US Department of Commerce has found the Chinese government to have been "unfairly" subsidizing its solar panel manufacturing industry, and is imposing punitive tariffs on imports of this technology from the country. It is yet to be seen whether Europe will follow suit.
Published By Datamonitor
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22 May 2012 |
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