THE DAILY ROUNDUP – Tuesday

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Hi! Here is your daily dose of articles related to renewable energy, sustainability, and technology. Stay safe!


Romania allocates EUR 52 million grants to citizens for rooftop solar

The Environment Fund Administration (AFM) said it would start signing contracts with homeowners eligible for subsidies of EUR 52.1 million in total from the Regional Operational Programme – ROP 2014-2020. The grants are for solar power stations on roofs of residential structures in Romania. ROP is funded by the European Union and EUR…


HOMER Grid Software Now Models Electric Vehicle Charging Stations

HOMER Energy by UL, a global leader in the development of standard-setting energy modeling software, today announced that HOMER Grid, software for designing grid-tied distributed energy projects, can now model how hybrid systems power electric vehicle (EV) charging stations. The new capability helps users design optimal renewable energy…


Billionaire Investors Have Conjured Up A Clean Energy Revolution

The clean energy revolution could be the perfect example of capital-driven innovation. While the underlying principles of greener fuels have been studied by researchers for decades, it’s only the past few years that investors and multi-billionaire entrepreneurs have enabled tangible breakthroughs. Perhaps the example is Elon Musk’s success…


New approach to energy management in microgrids

Energy consumers are effectively lowering their power costs as electricity grids continue to evolve amid rising adoption of renewable distributed energy resources (DERs), including rooftop PV, battery storage, and electric vehicles. But in order to maximize the individual value of these assets, DER owners should be enabled to participate in different markets…

From a grid perspective, the coordinated and controlled use of DERs provides substantial benefits for the stability of the broader network. The increase in the local value results from the potential participation of DERs in different markets also provides flexibility to prevent or relieve localized network performance issues.

Dr. Reza Razzaghi, a lecturer in the university’s Faculty of Engineering

Asian Development Bank Calls For Sustainable “Blue Economy” To Save Our Oceans

The Asian Development Bank (ADB) has called on Asia to begin focusing on building a new sustainable “blue economy”. The region’s development bank says that in order to preserve livelihoods and the planet, the continent must begin preserving the marine ecosystem and move away from the current “ocean economy” that exploits natural…

The action plan is also to ensure that the United Nations Sustainable Development Goal 14 – Ensuring the livelihoods, health, resiliency, and food security – of billions of people in the region, are met.

ADB

Analyst expects ‘unprecedented’ consolidation of Chinese solar industry

With work intensifying on the preparation of China’s 14th five-year plan, one in-country analyst has predicted the renewable energy aspect of the national policy package could transform the Chinese solar sector. Frank Haugwitz, director of the Asia Europe Clean Energy (Solar) Advisory (AECEA), has predicted changes being drawn up by the…


Energy Storage Technology Will Make Blackouts In Africa Ancient History

A shift from Africa’s traditional approach to power generation is needed to unleash the continent’s clean energy potential and secure an African future free from blackouts. A strategy centred around energy storage and flexible power systems will be the key to guaranteeing the reliability of a high-renewable grid, while also lowering the cost of…


Vanguard & Symbiont pilot ABS settlement on distributed ledger technology

Vanguard, an American registered investment advisor in partnership with technology provider Symbiont, has announced the completion of the initial phase of a blockchain pilot designed to digitize the issuance of asset-backed securities (ABS). Vanguard in collaboration with a large US ABS issuer, as well as Citi, BNY Mellon, and State…

We continue to assess new technologies, collaborating with our clients and partners, with a focus on making the risk transfer process across the industry more robust and efficient.

Puneet Singhvi, FMI Head and Markets and Securities Services lead for Blockchain, DLT and Digital Assets, Citi

Indian launches 10 MW solar tender in Rajasthan

The Solar Energy Corporation of India (Seci) has opened bids to develop 10 MW of grid-connected, ground-mounted solar capacity in the state of Rajasthan. The plants – to be set up on a build, own, operate basis – will be installed in the town of Bagru Kala, in the Jaipur district. The Jaipur Development Authority (JDA) will sign a 25-year power purchase…


EVs & PV — A Match Made In Heaven

We recently looked at how distributed solar systems are enabling electromobility in rural Zimbabwe. Electric motorcycles and three-wheelers will transform rural communities and improve the lives of women and children in these communities. Several other energy storage as a service (SaaS) platforms are being planned to catalyze that…


Smart Money Is Betting On These 5 Exciting Energy Technologies

The Covid-19 pandemic has dealt a severe blow to the energy sector well beyond the fossil fuel collapse. The renewable energy industry was in full swing before the health crisis struck with 184 gigawatts (GW) of new clean energy capacity added in 2019, good for 12% Y/Y growth. Unfortunately, a short-run contraction is now expected…


Lithium Australia’s Soluna secures Clean Energy Council accreditation for battery storage systems

Lithium Australia’s (ASX: LIT) 50%-owned Soluna Australia has received endorsement from the Clean Energy Council after it gave accreditation to Soluna’s battery energy storage systems. The Clean Energy Council is Australia’s peak body for clean energy and requires clean energy products sold within Australia meet the highest international standards…

Lithium Australia’s investment in Soluna complements its other business units. Together, these comprise a practical circular economy for battery products, ranging from a reduction of waste in the mining phase through to more efficient battery production to battery sales via Soluna, and, ultimately, the recycling of spent batteries through Envirostream Australia.

Lithium Australia’s managing director Adrian Griffin

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