electricity – Karma

India’s Shift to Renewable Energy Driven by Lower Costs

Mark Shenk — Fri, 31 Jul 2020 10:00:00 +0000

Indian corporations are increasingly shifting to renewable energy sources because they are often the cheapest power sources. India now the world’s second-largest market for corporate renewable purchasing power agreements after the U.S. Regulatory and policy changes will be needed if India’s corporate renewable energy sector is going to meet its potential. Sustainability goals, consumer awareness […]

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Actis Profits From Building Green While Bringing Power to Millions

Mark Shenk — Thu, 30 Jul 2020 10:00:00 +0000

Actis is finding profits developing a green shopping mall and bringing power to millions in Cameroon, something it’s repeating throughout Africa, Asia and Latin America. Actis has invested in renewable energy projects — in countries including Mexico, India, Senegal and South Africa — that provide clean, low-cost power to millions of people. Spun off from […]

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Africa Needs to Regain Momentum on Electrification Effort, Says IEA

Neanda Salvaterra — Wed, 01 Jul 2020 10:00:00 +0000

Faith Birol, the executive director for the International Energy Agency, said Africa needs to find ways to battle the COVID-19 pandemic while continuing to extend access to energy to its population. About 600 million people on the continent lack access to reliable power, according to the World Bank, and the outbreak has delayed new infrastructure, […]

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China, Japan Adding Coal Plants While Rest of the World Moves On

Mark Shenk — Fri, 03 Apr 2020 10:00:08 +0000

Global coal capacity grew last year grew for the first time since 2015 At the same time, coal plants retired at an accelerating pace in the U.S. and Europe, coal use dropped overall and capacity utilization fell. Coal burning will have to be slashed 80% by 2030 in order to meet the goal of keeping […]

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With Wind and Solar Power Exploding, Natural Gas Looking Less Like Bridge to Sustainability

Margot Habiby — Wed, 04 Mar 2020 03:18:11 +0000

Amid a boom in clean-energy alternatives, investors are rejecting natural gas. The once-hailed bridge from coal-fired generation is being replaced by renewables. Continued use of gas could derail timelines to achieve climate targets and hang investors out to dry. As wind and solar energy go mainstream, many investors are turning their backs on natural gas. […]

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Data Centers’ Growing Energy Consumption Gets Close Scrutiny From Swiss, HPE

Mark Shenk — Thu, 23 Jan 2020 19:14:52 +0000

Data centers account for an ever-growing share of global electricity demand, something that Hewlett Packard Enterprise and its partners are trying to stem. The Swiss Data Center Efficiency Label, which aims to encourage data centers in Switzerland to decarbonize and curb their energy consumption, was announced by HPE and industry association digitalswitzerland at the World Economic […]

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Global Group Growing as it Rethinks Electricity Grid In Quest for Renewable Energy

Margot Habiby — Mon, 02 Dec 2019 19:51:11 +0000

Facebook, Google, BMW and other companies are pushing for systemic change in the global electricity market, in their effort to procure all their energy from renewable sources. These companies are part of an initiative called RE100, which strives to achieve zero carbon grids on a global scale. Members currently get about 38% of their total […]

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Electrifying Africa: Is the $450 Billion Challenge Too Big For Startups to Tackle?

Mark Toner — Fri, 15 Nov 2019 20:27:55 +0000

Even as startup investment in Africa continues to grow — more than $700 million in venture capital is expected to flow in this year— the continent’s energy needs remain a $450 billion challenge. Nearly 600 million Africans, most of them in Sub-Saharan Africa, lack access to electricity, according to a report released this week by […]

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Investors Back Big Batteries Needed to Spread Solar, Wind Energy

Mark Shenk — Thu, 05 Sep 2019 20:11:58 +0000

Solar and wind energy aren’t spreading slowly because big oil is plotting against them, no matter what conspiracy theorists say. A far more mundane factor is at play — batteries. Power is needed even when the sun isn’t shining and winds die down. Like on most typical nights. How does one store renewable energy, like […]

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UAE Bets $400 Million on Clean Energy With First Hydroelectric Power Station

Matthew Kalman — Wed, 04 Sep 2019 12:58:56 +0000

As one of the world’s driest places, Dubai may not seem like an obvious choice for water-generated electricity. But the United Arab Emirates state sits in the middle of a region that has become one of the world’s worst emitters of carbon. So this state, with four inches of rain a year and no rivers, […]

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