There is some kind of irony that the developed world put the CO2 into the atmosphere and Africa takes it out (see below) COMPANY NEWS Siemens Energy to deploy ‘first’ synchronous condenser-BESS hybrid project in IrelandIt pairs a synchronous condenser, including a flywheel, capable of injecting 4000MW of inertia into the grid, and a large … Read More
COMPANY NEWS Lazard Asset Management takes stake in rooftop solar companyRooftop solar developer and owner Shawton Energy has seen a change in ownership. Iona Capital, the UK low carbon sustainable fund manager, has sold its interest in the company to a fund sponsored by Lazard Asset Management. As a result of the transaction, Lazard’s Sustainable … Read More
Looking at the selections this week, two kinds of innovation are featured: First are the “out of the box thinking” type such as the burying of biomass and the fracking energy storage. The second is the Government sponsoring the long term ambitions of the fusion industry, and trying to pick winners. COMPANY NEWS AstraZeneca Partners … Read More
Company news Green Investment Group launches specialist offshore wind divisionCorio Generation will commence operations next month with a project pipeline of more than 15 gigawatts (GW), one of the largest in the world.A GIG portfolio company, operating on a standalone basis, Corio will take projects from origination, through development and construction, and into operations.It will … Read More
The Trump years created such an air of despondency within the environmental industries that we felt that it would take years to recover the lost ground. Team Biden seem to be doing a great job of helping lift the gloom by moving quickly to reverse the harmful legislation and doing so with a purpose. Company … Read More
From now on every year counts if we are to hit zero-carbon targets. The number highlighted in our “focus on” below show a mixed picture for 2019. It is clear that there is still a need for the deployment of renewables to step up a gear, so it is encouraging to see announcements of subsidy-free … Read More
A big thank you to Aurora Energy Researh for their excellent Summer Renewables Summit. A privelege to hear the formidable Doyne Farmer (mathematics professor at Oxford) explain how mere mortal forecasters such as the IEA just don’t understand the concept of exponential growth. Under his model solar energy fits the 35% annual growth model, which … Read More
