09 Jul 2021
Modern managers of renewable energy portfolios handle unique challenges. Ever since the turnaround of the renewables industry about a decade ago, more facilities have emerged globally. The "Renewable Energy Policy Network for the 21st Century” captures the scene vividly. From 2019 to 2020, the renewable energy industry installed up to 261GW.
29 Jun 2021
In the last two decades, renewable energy has recorded the fastest growth rate within the umbrella energy sector. A new report indicates that $530 billion is planned for new energy generation, with close to two-thirds going to renewables.
24 Jun 2021
Having done enough research and sized all the options on the table, you have finally invested. Investing in renewable energy projects is an excellent idea. Most governments across the globe are offering irresistible incentives to investors. Customers are steadily appreciating the fact that these technologies are what the environment needs. Money savings from a renewable energy project is a powerful selling point.
28 May 2021
There have been many solar panel technologies over the years, but one of the most captivating ones for large scale power production has to be solar on water, also known as ‘floatovoltaics’. A latest one is coming up at South Korea’s Hapcheon Dam, and will have capacity to serve 60,000 people. Many more such facilities are emerging elsewhere in the globe as the technology and solar asset management software grow exponentially.
24 May 2021
Before the turn of the 20th century, distributed generation was the norm. Do you remember when Thomas Edison formed the Pearl Street Station in New York? This station served 82 customers in the city. His distributed generation model was replicated by early power stations in the US and elsewhere in the world.
16 Apr 2021
As a recent report by the IEA shows, the global share of renewables in energy maintains a significant growth pace. Between 2019 and 2020, there was a rise from 26% to 28%. Despite this increment driven among other factors by cost competitiveness against other sources of energy, the unpredictable nature of renewables remains a serious drawback for the profitability of projects. Alternative energy is not like conventional fossil fuels that allow for absolute predictability during generation. Dependence of these sources on weather makes them volatile.
