What insights about the cleantech startup ecosystem can accelerate the clean energy economy? Speakers on a panel at Horizon18 in Boston on Oct. 11, “Game Changers in the Clean Economy Marketplace: Innovative Solutions for the Future,” said that while some dynamic trends are taking place in the market, they recognize the obstacles that slow down new startups and technologies.
When electric vehicles transform the auto-driven landscape of the United States, what will low-to-moderate-income communities do? A new report from Lawrence Berkeley National Laboratory, “The Future of Transportation Electrification: Utility, Industry and Consumer Perspectives,” evaluated this accelerating controversy and emerged with some solutions.
The only way to achieve climate targets in the Northeast is to start electrifying transportation and heating to a high level. According to the report “Action Plan to Accelerate Strategic Electrification in the Northeast,” a committee of over 30 stakeholders is laying the groundwork for a massive revamp of the region’s electric power consumption to meet climate goals.
The recent United Nations (UN) report “Gender and Climate Finance” has said that climate finance can catalyze the transition to zero-carbon and climate-resilient development while addressing gender issues such as equality and empowerment.
At the Yale Center for Business and the Environment, we constantly scan the horizon for transformative solutions in clean energy markets and finance. And as far and as wide as we look, we are drawn back to study the remarkable work across our home state of Connecticut.
It’s urgent to fund climate solutions in developing nations. The risk of climate-related adversities particularly affects the poor, who already suffer disproportionately from these impacts. Direct government funding is scarce in the least-developed countries. Hence, climate change investment needs are significant. One way to address this gap and also reduce investment risks is to use results-based climate finance.
What are companies doing to develop insurance and maintenance coverage for solar panels where hurricanes threaten clean energy systems? In this Q&A, Michael Grasso, CMO of Sunnova, said that the combination of energy storage, solar power, and strong insurance is improving community resilience in Puerto Rico.
The Sun Belt offers great possibilities for solar power development. And in many states of the deep South, residential customers stand to gain massively from increased access to affordable renewable energy. The Southeast is home to much of the nation’s worst sustained poverty. Its low-income consumers have some of the highest energy burdens in the country, according to American Council for an Energy-Efficient Economy. “Energy burden” is defined as the percentage of household income that goes toward energy costs. Many states in the region maintain detrimental policy frameworks. Innovation is needed across the board to ensure solar power’s benefits are accessible to all customers.
Developing countries are in need of significant financial investments to reduce greenhouse gas emissions and build climate resilience. In most developing countries, government investments for climate change are limited. Therefore, in order to fulfill their commitments to the Paris Agreement, governments need to rely on other external sources of funding. Identifying and accessing these funds, however, still remains a big challenge.
Interest in Ghana’s solar market is booming. However, the nation has a long way to go to reach its goals. As of March 2017, the Ghanaian Energy Commission had issued provisional licenses for developers to install roughly 3000 MW of photovoltaic capacity. Actual growth is much slower.
Growing momentum for energy efficiency financing in the United States has motivated State and Local Energy Efficiency Action Network to conduct around 20 interviews with stakeholders in five states to explore what it takes to make utility-sponsored programs succeed. The research team produced a report that outlines the pitfalls and promises of a wide range of evaluation techniques.
At a public event in Boston on June 11 called "Designing Solar’s Value: A Stakeholder’s Forum," speakers outlined an ambitious proposal to shift the entire framework of solar financing in Massachusetts to a value-of-solar model. The newly founded Northeast Solar Energy Market Coalition (NESEMC) cosponsored the event, which was hosted by Solar Energy Business Association of New England (SEBANE).
Greentech Media’s first international Solar Summit, held on Jan. 27-28 in Mexico City, left more questions than answers about the future of solar in Mexico. Speakers said that the solar markets are in flux at all levels of development. The country is far from reaching a steady state. Developers who are willing to take risks could enjoy huge payoffs but must first face significant regulatory uncertainty.
A joint committee of Massachusetts senators and representatives is approaching a decision on the future of solar power. The decision will determine how to modify net metering, an incentive policy that is critical to most solar projects' financial viability. Meanwhile, utilities are unable to plan for their systems and developers have been forced to ice projects at all stages.
One of the overlooked elements in President Obama's Clean Power Plan is the positive effect it will likely have on low-income United States citizens - those who suffer most from climate change and who are facing a crisis in available affordable housing...
Eden Full Goh discovered the potential of solar power when she was just 10 years old. She had come across a book in the library that taught her how to build a small solar-powered car. Once she took the book home and built it, she was hooked. She wanted to see what else she could do with this...