Results for: solar

August 22 2017

Small-Scale Solar Will Displace $2B of U.S. Power by 2025

This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Solar on U.S. homes and businesses will grow 10% a year Ratio of small-scale solar and battery capacity to total installed capacity Source: Bloomberg New Energy Finance By 2025, over $2 billion worth of U.S. electricity production will change hands from traditional generators to small-scale generation […]

August 22 2017

Dong Energy’s Zero-Subsidy Offshore Wind Farms Are Ripe for ‘Farm-Downs’

By Bryony Collins, Bloomberg New Energy Finance editor. This article first appeared in BNEF’s ‘New Energy Deals’ publication, available to clients on the web and on the Bloomberg Terminal.  Dong Energy said it is confident that financial investors will be prepared to buy equity stakes in the 480MW of German offshore wind farms, which the company won the rights […]

August 22 2017

Ambani’s Reliance Is Said to Mull India Power Storage With BP

Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. Reliance Industries Ltd., owned by India’s richest man Mukesh Ambani, is considering entering the power-storage business with its partner BP Plc. to expand into the country’s growing renewable energy sector, according to two people with knowledge of the plan. The […]

August 21 2017

Bullard: Digital Twins Inch Closer to an Energy Takeover

This article first appeared on Bloomberg View and the Bloomberg Terminal. By Nathaniel Bullard In a prescient 2011 essay, venture capitalist Marc Andreessen declared that “software is eating the world.” Six years on, software is eating more of the world than ever — and it is also creating. One of those creations is digital twins, virtual models of […]

August 21 2017

Saudis Will Let Households Produce Solar Energy and Sell to Grid

By Wael Mahdi Saudi Arabia will allow households to produce solar energy and sell any surplus electricity back to the power grid starting July 1. Consumers can install a photovoltaic solar system with capacity limited to no more than 2 megawatts and not less than 1 kilowatt, according to rules listed in the official government […]

August 21 2017

Argentina Eyes Slower Renewable Growth as Infrastructure Lags

By Vanessa Dezem and Jonathan Gilbert Argentina’s next renewable power auction will be half the size of last year’s because of an infrastructure bottleneck slowing down the the ability to add capacity. Juan Jose Aranguren. Photographer: Sarah Pabst/Bloomberg The government will auction 1.2 gigawatts of renewable power, led by wind and solar projects, and doesn’t need […]

August 21 2017

Historic Eclipse Will Test America’s Grid as Solar Waxes, Wanes

By Mark Chediak and Naureen S. Malik In a few hours, the first total eclipse of its kind in 99 years will plunge broad swaths of the U.S. into darkness, sending solar supplies sliding and testing the resilience of the power grid for the first time since the rapid rise of renewable energy. Grid operators, […]

August 21 2017

The Plan to Turn Africa’s Mobile Phone Towers Green

By Anna Hirtenstein GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telephone towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home […]

August 21 2017

New Energy Pioneers: We Care Solar

The Power to Save Lives   Founded: 2010 CEO: Laura E. Stachel, MD MPH HQ: U.S.   What does We Care Solar do? We Care Solar is a non-profit that designs and sells a rugged solar suitcase aimed at the health sector in developing countries, in particular maternal and child care. We Care Solar’s Solar Suitcase® provides lighting […]

August 18 2017

What Comes of Solar Power When the Sun’s Eclipsed

By Naureen S. Malik and Mark Chediak The last time a total eclipse cast a shadow across the entirety of the U.S., from West Coast to East, was 99 years ago. Back then, the modern power grid was just getting started, and harnessing the sun’s energy on a widespread scale was little more than a notion […]