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EGEB: Ireland to build the Atlantic’s first floating offshore wind farm

Electrek

In today’s Electrek Green Energy Brief (EGEB): Ireland’s Moneypoint coal station will become a green energy hub that includes a floating offshore wind farm. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates.

Ireland 139
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5 NEO 2018 sees $11.5

Wind 220
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 91
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

Green Car Congress

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). NEO starts by analyzing technology trends and fuel prices to build a least cost view of the changing electricity sector.

Wind 207
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report. It also invested $58 billion in new wind projects, up 107% year-on-year. —Chelsea Jean-Michel, offshore wind analyst at BNEF.

Financing 243
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4 companies jointly propose $8B green energy initiative for LA area; Wyoming wind, Utah storage, transmission

Green Car Congress

Four companies—Pathfinder Renewable Wind Energy, Magnum Energy, Dresser-Rand and Duke-American Transmission—have proposed a first-in-the-US, $8-billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023. million megawatt-hours per year vs. 3.9 million megawatt-hours.

Utah 261