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m3n4.net May 26, 2018


Government to set up $350 mn solar development fund

19 January 2018, 02:04 | Tara Lloyd

Renewable Energy Will Be Cheaper Than Fossil Fuels By 2020, Study Says

Onshore wind generation costs on par with other power sources now, says IRENA

The report also outlined that auction results are indicating that offshore wind and concentrating solar power projects to be brought into service between 2020 and 2022 will cost $0.006-0.010/kWh, thereby supporting their accelerated deployment across the world.

Of those technologies, most will fall at the lower end or even undercut fossil fuels, the report notes.

The New Energy Outlook from Bloomberg New Energy Finance also underlined solar power's role in Australia's future, predicting that rooftop solar will account for as much as 24% of the country's electricity by 2040.

Hawaii tries to unravel missile miscue to stave off replay
Hawaiians have been told that they'll have 20 minutes to seek shelter if a missile were launched from North Korea . He said he was still in bed when the phone started going off "like insane ". "Haha glad to know we'll all be safe".

"This new dynamic signals a significant shift in the energy paradigm", said Adnan Z. Amin, director-deneral of Irena.

Installed renewable power capacity is now about 60 GW, and plans to complete the bidding process by the end of 2019/20 to add a further 115 GW of installed capacity by 2022.

The UAE has launched mega projects to invest $163 billion in projects in a bid to generate nearly half the country's power needs from renewable sources as it seeks to reduce dependency on fossil fuels to generate power, including building nuclear facilities.

Health Care Advocates See Missed Opportunity In Brown's Proposed Budget
Brown also called for $46 million to give community colleges the option to offer one year of free tuition to eligible students. Such a change would likely need to be reflected in the state budget, even though it's meant to be revenue neutral.

Yes Bank Ltd has committed to financing solar projects worth $5 billion, while state-run NTPC Ltd will contribute $1 million to an ISA fund, the power ministry said in a statement.

Under the partnership, the total projects capacity is likely to be up to 1,000 mw under the partnership, it said adding that these projects would be developed by Amplus by 2023.

IRENA's report said that other types of renewable power generation like bioenergy, geothermal and hydropower projects have been on par with power from fossil fuels in terms of costs in the last 12 months.

Cranberries Lead Singer Dolores O'Riordan Found Dead In London Hotel Room
O'Riordan is survived by her three children: 20-year-old son Taylor, 16-year-old daughter Molly, and 12-year-old daughter Dakota. Our thoughts are with Dolores' friends and family. "Our thoughts go out to her family at this awful time", they added .

That's according to the International Renewable Energy Agency (IRENA), which suggests this will be driven by rising investments in clean power projects, which will in turn cut the cost of energy for consumers.



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