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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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Breaking: US, other G7 countries to phase out coal by early 2030s

Baua Electric

In a historic agreement, the G7 just agreed to phase out coal in the first half of the 2030s, according to statements made today. The G7 – Canada, France, Germany, Italy, Japan, the UK, and the US, plus the EU – are meeting in Turin, Italy. Japan has the highest share at 32% in 2023, followed by Germany at 27%.

Coal 52
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Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

After a decade in the solar power installation business, Bradley Bartz is tired of being Mr. Nice Guy. He’s filed suit against Torrance, the proud home of Exxon/Mobil’s refinery, for stopping him from installing solar panels in the Hillside Overlay district. “ Idiots ! “ Idiots !&#

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

ExxonMobil expects that by 2030, China will have surpassed the United States as the country with the largest number of personal vehicles, even though China’s vehicles per capita will be about one-third the level of the United States at that time. However, by 2040, China and India are expected to increase their levels by more than 500%.

Oil-Sands 309
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UC Davis study highlights results of MINI E field trial in US; MINI E met 90% of daily driving needs

Green Car Congress

The MINI E is a conversion of the BMW Mini Cooper developed for trials with drivers, and deployed in several test sites world-wide, including Germany, UK and new sites in France, Japan and China.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” The sponsor is the person who is responsible for the overall execution and has the greatest risk/reward. Brightsource is a leading player in Concentrated Solar Power (CSP). Dr. Paul still sees significant growth in the developing world.

Financing 150
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TSMC’s Energy Demand Drives Taiwan’s Geopolitical Future

Cars That Think

square kilometers of solar farms generate electricity for Taiwan ’ s grid. That’s a big reason why Taiwan’s government is going big on solar and offshore wind power. In this corner of the Changhua Coastal Industrial Park, a 100-megawatt solar farm and 4 of the park’s 80 onshore wind turbines sprawl across the reclaimed land.

Taiwan 121