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Saudi Arabia wind farm’s progress heralds a new era in clean energy

Key construction milestone crossed with delivery of 20 wind turbines for Kingdom’s utility-scale wind farm in Al-Jouf. Kingdom’s renewable energy sector could create up to 750,000 jobs over the next decade, say business leaders. Saudi Arabia has moved a step closer to becoming the Middle East’s pace-setter in green energy and sustainability…

We are proud to be among the first contributors to the Kingdom’s clean energy transition, working in collaboration with Nesma Holding. When operational, Dumat Al-Jandal will displace 885,000 tons of carbon dioxide each year, while generating electricity to power 70,000 homes.

Yousif Al-Ali, executive director of Masdar

Ex-Tesla engineer joins Australia battery startup Vaulta

Brisbane-based startup Vaulta is looking to improve a lesser considered aspect of battery manufacturing – casing – and has taken on four new team members including ex-Tesla engineer Alan Zorkot, who worked for the EV maker as a senior project engineer until mid-2019. Following the raise of $320,000 in capital from incubators and seed investors…

Some of the world’s biggest players have joined the battery cell market in recent years. But the design and manufacturing of the associated casing has been overlooked. As a result, it hasn’t kept up with the fast-moving battery technology.

Vaulta founder and industrial designer Dominic Spooner

Blockchain: The Next Big Tech Paradigm Shift

While most of blockchain’s success over the past decade has been linked to bitcoin, Ethereum, and other cryptocurrencies, distributed ledger technology is now poised to move into mainstream applications and launch new opportunities in multiple markets. Technological change has followed a predictable path over the past fifty or…

Energy Storage Market To See Explosive Growth This Decade

Solar, wind, and other renewable energy sources are set for spectacular growth in the coming years and decades as governments race to net zero. It was only a matter of time before energy storage strutted on stage, and according to Wood Mackenzie, it is going to be no less spectacular than renewables. The global energy storage market is set for a…

The [power market] transition may be accelerated as governments around the world grapple with how to recover their economies more sustainably than in the past with upside for the energy storage industry.

Wood Mac principal analyst Rory McCarthy

Australia’s largest solar project taps NexTracker for bifacial solar tracking

The Western Downs Green Power Hub, set to be Australia’s largest solar farm, will utilise California-based NexTracker’s NX Horizon optimised bifacial solar trackers. NextTracker announced this week that it had been selected to supply its NX Horizon solar trackers for the 460MW-peak (400MW AC) Western Downs Green Power Hub, which could be…

Highlighting the impact of brands in an increasingly digitalization-driven world economy

The United Nations Industrial Development Organization (UNIDO), and the European Brand Institute (EBI), held the 16th Brand Global Summit at the Vienna International Centre and online. The Summit brought together leading branding experts and government representatives, and showcased success stories of Branding for Sustainability…

The pandemic has brought inevitable challenges, but also opportunities. As we have seen during this pandemic, digitalization has accelerated dramatically. It has opened a window of opportunity for new approaches, including in branding.

LI Yong, Director General of UNIDO

Clean energy jobs can drive post-Covid recovery

The global renewables sector added half a million jobs in 2019, according to the latest annual jobs report by the International Renewable energy Agency (IRENA), taking total employment in clean energy to 11.5 million. Asia, led by China and India, continued to lead the jobs growth in the industry, accounting for as much as 63% of the total…

Investing in new energy infrastructure: Green light for EU grants worth nearly €1 billion

EU Member States agreed yesterday on a Commission proposal to invest €998 million in key European energy infrastructure projects under the Connecting Europe Facility (CEF). Yesterday’s positive vote provides financial aid for works and studies for ten projects. The largest amount of funding goes to the Baltic Synchronisation Project…

These ten projects will contribute to a more modern, secure and smart energy infrastructure system, which is crucial for delivering the European Green Deal and meeting our ambitious 2030 climate targets. Yesterday’s decision marks a decisive step in the Baltic Synchronisation process in particular, a project of European strategic interest. These investments will help sustain the EU’s economic recovery and create jobs.

Kadri Simson, Commissioner for Energy

Sunseap and Facebook sign agreementfor Singapore solarfrom more than 1,200 rooftops to support data center operations

The transaction with Sunseap will help Facebook—one of the largest corporate purchasers of renewable energy globally—reach its goal of supporting its operations in the region with 100% renewable energy and reducing greenhouse gas emissions by 75%. This is a first-of-its-kind virtual power purchase agreement (VPPA) between Sunseap…

We believe VPPA is the way to go for enterprises as they accelerate efforts to add renewables to their energy mix. This is a game-changer in Asia’s drive to decarbonise and fight climate change.

Mr Lawrence Wu, President and Executive Director, Sunseap Group

Poland’s Largest Hybrid Battery Energy Storage System Commence Full-scale Technology Demonstration

New Energy and Industrial Technology Development Organization (NEDO) and its project partners Hitachi, Ltd. (Hitachi), Showa Denko Materials Co., Ltd. (Showa Denko Materials) and Sumitomo Mitsui Banking Corporation (SMBC) announced today that the Smart Grid Demonstration Project in Poland, aimed at the expansion of renewable…

NL: Alstom fuel cell train fully viable to replace diesel lines

Alstom’s hydrogen train, the Coradia iLint, has passed as entirely operational in the Netherlands. The Province of Groningen has published the results of test runs carried out in March 2020 on a 65-kilometre track between Groningen and Leeuwarden. The report finds the fuel cell train a “fully viable alternative” to diesel models…

World’s First High-Frequency Decentralized Energy Market Helps Drive Port of Rotterdam’s Energy Transition

The first high-frequency decentralized energy trading platform was successfully piloted at the Port of Rotterdam. Jointly developed by S&P Global Platts and BlockLab, Distro is a new microgrid electricity trading platform that leverages both Artificial Intelligence and Blockchain’s distributed ledger technology…

The blending of high frequency AI trading capabilities with the benefits offered by blockchain security is a landmark achievement. Distro brings seamless and tangible benefits of lower prices, improved payback on batteries and solar panels while maximizing the use of renewable energy. Market feedback has highlighted the need for a new generation of marketplaces, like Distro, to be at the forefront of addressing climate change by helping power energy transition projects around the world.

James Rilett, Head of Innovation, S&P Global Platts

How coal-loving Australia became the leader in rooftop solar

Australia is the world’s second-largest exporter of coal, which plays an outsized role in its economy and politics. But the country has also quietly become a renewable energy powerhouse. About 1 in 4 Australian homes have rooftop solar panels, a larger share than in any other major economy, and the rate of installations far outpaces the global…

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