China Now Largest Investor Renewable Energies Worldwide


BEIJING, July 3, 2016 (Xinhua) — A full solar power vehicle is presented during a ceremony held by Chinese renewable energy company Hanergy Holding Group in Beijing, capital of China, July 2, 2016. Hanergy launched four full solar power vehicles at the ceremony on Saturday. (Xinhua/Cai Yang) (wx)[/caption]

The International Energy Agency (IEA) on Wednesday launched its first detailed report of global energy investment, with China singled out for praise. In the first detailed analysis of investment across the global energy system, the IEA reported that global energy investment fell by 8 percent in 2015, with a drop in oil and gas upstream spending outweighing continued robust investment in renewable energies, electricity networks and energy efficiency.

Total investment in the energy sector reached 1.8 trillion U.S. dollars in 2015, down from 2 trillion U.S. dollars in 2014, according to the IEA’s World Energy Investment 2016 report. The new annual report provides a comprehensive and detailed picture of the current investment landscape across fuels, technologies and countries.

It shows that the energy system is undergoing a broad reorientation toward low-carbon energy and efficiency but investment in key clean energy technologies needs to be further ramped up to put the world economy on track for climate stabilisation.

Fatih Birol, executive director of the IEA, told Xinhua in an interview: “China’s investment is mainly in the power sector, but China also becomes the largest investor for renewable energies across the world. As such it is a very complimentary number; it shows the Chinese commitment towards climate change and tackling air pollution.

“There is a political commitment and this is the answer in terms of putting the money in low carbon technologies. Renewable energy, energy efficiency but also it is nuclear power as well.”

BEIJING, July 3, 2016 (Xinhua) -- A full solar power vehicle is presented during a ceremony held by Chinese renewable energy company Hanergy Holding Group in Beijing, capital of China, July 2, 2016. Hanergy launched four full solar power vehicles at the ceremony on Saturday. (Xinhua/Cai Yang) (wx)
With energy supply spending of 315 billion U.S. dollars, China was the world’s largest energy investor, thanks to robust efforts in building up low-carbon generation and electricity networks, as well as implementing energy efficiency policies.

Birol said: “China became last year the largest energy investor and this is mainly coming from the renewable energies followed by other sources. China is the largest investor of solar, largest investor in terms of wind technology and also a major investor in terms of hydro power. For renewable energies China is the champion energy investor.”

Investment in the US’s energy supply declined to about 280 billion U.S. dollars, falling nearly 75 billion U.S. dollars because of low oil prices and cost deflation, representing half of the total decline in global energy spending. The Middle East and Russia emerged as the most resilient regions to spending cuts, thanks respectively to lower production costs and currency movements. As a result, national oil companies accounted for 44 percent of overall upstream investments, an all-time high.

Renewable energy investments of 313 billion U.S. dollars accounted for nearly a fifth of total energy spending last year, establishing renewable energies as the largest source of power investment. While spending on renewable power capacity was flat between 2011 and 2015, electricity generation from the new capacity rose by one third, reflecting the steep cost declines in wind turbines and solar photo voltaic. The investment in renewable power capacity in 2015 generates more than enough to cover global electricity demand growth.

Birol said: “These changes have significance for energy security and climate change. Especially for low carbon technologies they show me that government policies can work to provide direction for investment in the markets but much more is needed to meet our climate goals. He added: “After 2015 and 2016 we may see three years in a row, oil investments are declining. We have never seen, in the history of oil, that the investments for oil have declined three years in a row. We expect there will be a decline in 2017.”


September 18, 2016 |

BioGas Provides Germany with Steady, Stinky Energy


BioGas-geremanySo when the sun isn’t shining and the wind isn’t blowing, solar and wind energy may be nonexistent, but renewable energy can still be economically produced from the smelliest of sources. The more the stink, the greater the energy–Biogas energy. Local farmers use the waste their animals produce and send it into a biogas facility on their farm that produces electricity. They can also add corn and the fermentation substrate is then sprayed on the fields as fertilizer. This closed-loop system provides steady and sustainable energy to supplement the energy needs of larger but less predictable outputs from solar and wind sources.

Next Power Plants co-Founder, Hendrik Samisch networks over 1,000 renewable energy plants comprised of individual farms in Germany through a data grid and a bank of computers that make up a powerful virtual power plant that trades annually over $100 million euros of electricity in biogas energy.

Watch the video here or visit Made in Germany.

April 18, 2015 |

The Future Is Clean – Solar Impulse 2 Plane Campaign


olar_impulse_624inOn March 9th 2015 the revolutionary airplane named “Solar Impulse 2” launched its first leg of its 35,000 mile trip around the world to help raise awareness of the Future is Clean Campaign.    Starting off in Abu Dhabi the plane is set to stop in various global locations and is being tracked for audiences online.  The Solar Impulse 2 (aka Si2)is a lot larger than its predecessor the Solar Impulse 1, which was the prototype that  set several solar powered flight world records in 2013.  This version of the aircraft is wider than a 747 Jumbo Jet with a wingspan of 72 metres (236.22 feet) and yet is still a light 2.3 tonnes.  It’s light weight is key to the success of the plane that has 17000 solar panels built into its wings.

Solar energy is estimated to become the dominant energy source of the future, as predicted by the International Energy Agency. (IEA)

March 11, 2015 |

New Study: Bioenergy May Be Bad News for Forests, Climate


borneo_palm-oilResource: Global Forest Reporting Network

BioFuels like Ethanol have more than just an image problem (Growing food vs growing fuel). Now a new report from the World Resources Institute finds that dedicating land to the production of biofuels may undermine efforts to achieve a sustainable food future, combat climate change, and protect forests.

The problem, of course, is that if you dedicate land to growing crops like sugarcane, corn, soybeans, or wood solely for the production of biofuels, you can’t use that land to grow food–or as a carbon sink. We already use a whopping three-fourths of the world’s vegetated land for crops, livestock grazing, and wood harvests, according to the WRI paper. And the remaining land really should be left as is, since it protects clean water, supports biodiversity, and stores carbon.

Watch this video about new biofuels made from cellulose with the help of a bacteria under the development of AE Biofuels, which acquired Zemetis in 2011.

March 1, 2015 |

Bryant Gumbel and Katie Couric Twerking @bout the Internet in this New BMW Superbowl Ad


You don’t have to remember 1994 to find this “Newfangled” Superbowl spot fun. Thanks to @BMW, internet history plays a key role in their latest ad campaign for the all-electric i3.

In a classic flashback to 1994, Bryant Gumbel and Katie Couric banter on the set of The Today Show in unabashed confusion about this curious new thing called “the Internet” and the use of that funny looking symbol with an A in a circle. At? Around? About? What is this digital world coming to?

Kudos to BMW for bringing the relevance of Alternative Energy into the real world of Today.


January 26, 2015 |
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