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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

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Improved energy storage technologies will allow for expanded integration of renewable energy resources like wind and photovoltaic systems and will improve frequency regulation and peak energy management. Tehachapi Wind Energy Storage Project. Notrees Wind Storage. NSTAR Electric & Gas Corporation (MA). 29,561,142.

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DOE ARPA-E awards $156M to projects to 60 projects to accelerate innovation in clean energy technologies

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High Performance, Low Cost Superconducting Wires and Coils. for High Power Wind Generators The University of Houston will develop a new, low-cost. superconducting wire that can be used in future advanced wind turbine generators. has traditionally been too expensive to use in wind generators.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

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In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

BYD makes about 80% of Motorolas RAZR handsets, as well as batteries for iPods and iPhones and low-cost computers, including the model distributed by Nicholas Negropontes One Laptop per Child nonprofit based in Cambridge, Mass. operations are small - about 20 people work in a sales and marketing outpost in Elk Grove Village, Ill.,

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