Renewable Energy

Renewable Energy Targets in Africa by 2030

African countries are moving ahead with exploiting their abundant renewable energy resources by establishing ambitious penetration targets over the next decade, with a view to attaining energy security, access and decarbonization. Regional leaders like Morocco, Kenya and Mauritania have successfully integrated renewables targets into their national energy plans, leveraging […] Click here to view original […]

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How Wall Street Banks Will Reap Billions From Tax-Free Renewable Energy Bonds

One of the hottest trends in finance is prepaid muni bonds structured to help local utilities buy decades worth of renewable electricity. Its good for the environment, but even better for the banks that will profit from cheap financing, trading profits and federal tax breaks. Socially responsible investing, marketed […] Click here to view original

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Geothermal energy and restoring forests: how EDC is enticing big corporations to go net zero in the Philippines

Geothermal energy and restoring forests: how EDC is enticing big corporations to go net zero in the Philippines

Energy Development Corp, the largest geothermal energy producer in the Philippines, has spearheaded a new alliance with corporate giants to achieve carbon neutrality and help the country meet climate targets. EDC’s 112.5 megawatt Palinpinon I geothermal power plant nestled in the lush greenery of Negros Oriental, Philippines. Image: Energy […] Click here to view original

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Jack Dorsey’s Block Bets Big on Kenyan Bitcoin Mining Company Gridless

Jack Dorsey’s Block Bets Big on Kenyan Bitcoin Mining Company Gridless

Kenya looks set to up its Bitcoin mining hashrate as Block, Inc. and niche venture capital firm Stillmark invest $2 million in community-first company Gridless. Gridless will build more mining facilities close to renewable energy facilities, prioritizing the electrification of the surrounding community before harnessing surplus power to secure […] Click here to view original

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Accelerating energy storage deployment and development

© iStock/Petmal Patrick Clerens, Secretary General of the European Association for Storage of Energy, discusses the organisation’s recent efforts to accelerate the transition to a decarbonised energy system, in the wake of recent societal challenges. Based in Belgium, The European Association for Storage of Energy (EASE) is the leading […] Click here to view original

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