By Murray Rosenblith, co-Manager, New Alternatives Fund
A recent article in Bloomberg New Energy Finance predicts that two-thirds of the world’s power will be generated by renewable resources by the year 2050. This projection is based on the continuing growth of new renewable power generation projects, primarily wind and solar, over the next thirty-plus years. Conditions have certainly changed since New Alternatives Fund entered the investment world in September 1982.
500 MW San Vicente Energy Storage Facility Would Increase Renewable Energy Capacity, Accessibility
SAN DIEGO, January 22, 2018 /3BL Media/ - Black & Veatch has been selected to serve as owners’ representative for an energy storage facility at the San Vicente Reservoir near Lakeside in San Diego County, California. The project owners, the San Diego County Water Authority and the City of San Diego, are assessing the potential to develop the 500 megawatt (MW) San Vicente Energy Storage Facility (SVESF) to increase the availability and efficiency of renewable energy for the region. It will provide enough stored energy to supply approximately 325,000 homes annually.
Indonesia continues to chase full electrification and grid stability
Indonesia, a nation of three time zones, thousands of islands and 250 million people, continues to experience major industrial and economic growth. Boasting vast untapped resources that include copper, gold, tin, nickel and coal, the mining sector will continue to play a significant role in the country’s development.
Hydro-Québec, a world leader in hydropower generation, publishes its Sustainability Report 2016
The company generates, transports and distributes electricity to more than 4 million customers in the province of Québec. It also exports it’s clean, renewable power and commercializes its unique expertise and innovations on world markets.
Mountain streams help drive production of the brand’s vermouths and sparkling wines
Hamilton, Bermuda, March 22, 2017 /3BL Media/ – In celebration of World Water Day today, MARTINI®, as part of the Bacardi family of brands, maintains an enduring commitment to sustainability. From the breathtaking magnificence of the Northern Italian Alps comes pure power – hydroelectric power – that helps drive sustainable production of the MARTINI vermouths and sparkling wines.
Energy-Efficient Operations Save GM $73M in 2016 Global efforts to increase energy efficiency play a significant part in GM’s goal of meeting the electricity needs of its worldwide operations with 100 percent renewable energy by 2050. Sixteen GM facilities recently earned ENERGY STAR recognition for continued efforts to increase energy efficiency. Read more…>
In northern Norway, the hydropower station Øvre Forsland “sits on a riverbed at the edge of a forest, with an exterior that aims to reflect the irregular shapes of the spruce trees forming its backdrop,” the Guardian reported last month. While the sleek design attracts tourists and complements the scenery, its purpose is much more remarkable.
Avista recently completed upgrades to our Post Falls South Channel Dam, in Post Falls, Idaho. Constructed in 1906, the dam has been completely upgraded and refurbished over the last two years. Today, the dam has six new spill gates, frames and hoists, along with a new spillway control system, electrical distribution equipment, and concrete facing.
With work completed, the historic structure will continue its role in generating clean, low-cost renewable energy and providing summer recreational opportunities and spring flood control on Coeur d’Alene Lake, for another 100 years.