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Renewable energy to expand by 50% in next five years – report

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“Global supplies of renewable electricity are growing faster than expected and could expand by 50% in the next five years, powered by a resurgence in solar energy” writes Jillian Ambrose for theguardian.com. The IEA expects solar energy to play the biggest role in jumpstarting fresh growth in global renewable energy because falling costs are already below retail electricity prices in most countries.Renewable energy sources make up 26% of the world’s electricity today, but according to the IEA its share is expected to reach 30% by 2024.However, Birol warned that the…

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Energy secretary will not comply with congressional Democrats’ impeachment probe: reports

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“In a letter to the three committees, Melissa Burnison, an assistant energy secretary, wrote that the impeachment inquiry had not been properly authorized” writes Midwest Communications Inc for 95kqds.com. The energy department’s response follows the lead of the White House, which has said it would refuse to cooperate with an “illegitimate, unconstitutional” congressional impeachment inquiry. Source: 95kqds.com

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PG&E blackout is latest leverage in fight over California’s energy mix

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“For PG&E, the power shutdown, which it called a “public safety power shutdown,” was necessary” reports washingtonexaminer.com. “We really want to work with them,” but major utilities often view distributed energy as a competitor, she added.Investments in renewable energy could offset utility spending on things such as new gas plants or substation upgrades, Dyson added. Source: washingtonexaminer.com

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Wells Fargo Signs Solar Deal to Power Hundreds of Texas Locations

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“Wells Fargo signed a 10-year structured renewable energy agreement today with NRG Energy company Reliant for 62,000 megawatt-hours of annual solar energy” writes Alyssa Danigelis for environmentalleader.com. The deal, which Wells Fargo called its largest renewable energy purchase, is expected to power around 400 of the financial service company’s properties in Texas.In 2016, Wells Fargo set a two-part renewable energy goal. Most of the funding in 2018 went toward low-carbon initiatives such as green buildings, renewable energy, and sustainable technologies. Source: environmentalleader.com

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Eyeing economic growth, South Africa seeks to renegotiate old renewables projects

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“Renewable energy projects are protected by more than 140 billion rand ($9.4 billion) of state guarantees, exposing the government to huge penalties if it were to terminate or breach existing agreements” writes Midwest Communications Inc for 95kqds.com. Putting too much pressure on them would risk deterring renewable energy investment just as the country is suffering nationwide power cuts.A simpler way to lower power prices could be to give the go-ahead for projects to refinance their debt.Jason van der Poel, a partner at law firm Webber Wentzel who represents power firms,…

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Biomethane to Supply Vermont College with 50% of its Heating and Cooling Energy Needs

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“Vanguard Renewables has selected Kinsley Energy Systems to supply high-efficiency combined heat and power (CHP) for a new renewable energy project” writes Emily Holbrook for environmentalleader.com. The TEDOM CHP unit will supply power to the facility at a cost lower than utility power.The high-purity RNG produced from waste will ultimately provide 50% of the heating and cooling for the college in support of its plan to use 100% renewable energy by 2028.This project is a unique partnership between a Vermont college, a local dairy farm, a renewable energy company, and the gas…

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Meet the 100: Brian Payer, Director of Strategy for Industry Solutions – Sphera

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“Now, meet Brian Payer, director of strategy for industry solutions with Sphera” writes Emily Holbrook for environmentalleader.com. And stay tuned for the upcoming Call for Submissions, when you can nominate your favorite sustainability or energy management professional!. What advice would you give other professionals as they try to accomplish their sustainability or energy management goals?. The E+E 100 are the VPs, directors, managers and engineers who are making significant strides in driving our industry.So you make your EHS not just EHS, but you make it part of a digital transformation,…

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Google commits $150 million to renewable energy projects

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“Google on Tuesday announced plans to spend $150 million on renewable energy projects, looking to use the funding to bring green initiatives to the countries where its products are made” writes Ben Fox Rubin for cnet.com. “When you choose to buy hardware products from Google, you’re contributing to bringing renewable energy to communities around the world,” he said.Osterloh said that Google’s operations became carbon neutral in 2007 and that the company as of 2017 had matched all energy consumption with 100% renewable energy. Source: cnet.com

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