Renewable Energy Could “Effectively Be Free” by 2030, Says UBS Analyst

A research analyst at Swiss investment bank UBS believes the cost of energy renewables could be so near to zero by 2030 “it will effectively be free,” according to a projections published on Monday. If renewables could soon be cheaper than all the alternative energy sources, and that this “is …

Australian Wind Farm to Install 25MW Tesla Battery

A Tesla grid-scale battery is to be installed at a wind farm in South Australia. The 278.5MW Lake Bonney wind facility will soon be home to a 25MW energy storage system, which owner Infigen Energy says will play a crucial role in stabilising the surrounding region’s grid with its flexibility …

Grate New Solar Plant Powers Cheese Processing Facility

A giant solar farm that is powering a cheese processing facility in Northern Ireland has been launched. The 5MW project is providing green electricity to Dale Farm’s cheddar cheese plant at Dunmanbridge in Cookstown and consists of 15,500 solar panels. It will provide around 20% of the cheese factory’s power …

Egypt Set to Open Its First Solar Farm – and It’s the Largest in...

Egypt has long relied on environmentally taxing fossil fuels. Over 90% of electricity is generated from oil and natural gas, and the country subsidizes fossil fuels, making them a cheap option for its 96 million citizens. However, Egypt’s government plans to change courses and put itself on the clean energy …

These Massive Renewable Energy Projects Are Powering Chilean Mines

Minerals are so abundant in Chile’s northern Atacama Desert, you can get copper just by kicking the mountain—or so says one of the miners’ favorite proverbs. A century after many of the mines there were first opened, finding copper—or gold, or lithium, or iron ore—isn’t that easy. The concentration of …

Global Corporations Buy Record 7.2GW of Clean Energy So Far This Year

So far this year, global corporations have purchased 7.2GW of clean energy. New statistics released by Bloomberg New Energy Finance (BNEF) show this has already surpassed last year’s record of 5.4GW. Around 60% of 2018’s renewable procurement to date has come from the US, totalling 4.2GW – Facebook has been …