Finance Institutions Are Making a Massive Investment in Solar
The European Investment Bank (EIB) recently put it's stamp on a series of financing deals that will help boost solar power development in India and Peru, and support new solar technology advancements. EIB's activities are the sample of the work by other financial institutions to support solar growth around the world. Other organizations, such as development banks, are also making funds available through loans and grants, in a large-scale banking movement that is helping countries realize their environmental goals.
Workshops Aim to Train Architects, Engineers on Solar Basics
A series of workshops in three southern U.S. cities aims to bring engineers, architects and other design professionals up to speed on solar. A third session in Nashville is expected to take place in January. Program supporters said that architects and engineers are poised to influence their clients in including solar energy to gain more experience on both new and remodeled buildings. However, many designers lack experience in solar.
South Australian Government to Be Powered by Solar, Wind
New electricity retailer SIMEC ZEN Energy has won the contract to supply the South Australian Government until at least the year 2020. Under the contract, SIMEC ZEN Energy will supply more than 80 percent of the government’s electricity needs in 2018. This will escalate to 100 percent in 2019 when it will be backed by local renewable energy projects. South Australia leads the nation in the uptake of wind energy and rooftop solar with renewable sources accounting for more than 40 percent of the electricity generated in the state. However, the closure of two coal-fired power stations in recent years has increased South Australia’s reliance on energy supplies from the eastern Australian states, particularly in times of peak demand.