Solar Demand Catalyst for 9 Percent Rise in Clean Energy Investments
Clean energy investment surged by 9 percent in the first quarter on high demand for rooftop solar panels from the U.S. to Japan. New investment in energy efficiency and renewable power rose to $47.7 billion in the first quarter, up from $43.6 billion a year ago. Spending on new solar capacity increased 23 percent to $27.5 billion amid increasing share of small-scale solar as well as expansion of solar investments to more developing countries.
Run-of-River Hydropower Market to Worth Billions in 10 Years, Says Tocardo
Tocardo International BV, a Dutch manufacturer of turbines that generate electricity from running water, claims that the market for installing its turbines in rivers can be worth as much as 1 billion euros within a decade. With advantages such as easy installation and maintenance, infrastructure independence and the ability to be easily connected to the local grid, Tocardo says that one can start installing the project within a year – wheras other hydropower projects can take 12 to 15 years.
Orix to Spend %1.5 Billion on Takeovers Within 12 Months
Orix Corp., Japan’s most acquisitive financial company, is looking to spend $1.5 billion on takeovers around the world within the next 12 months. In the U.S., Orix is interested in acquiring non-financial companies such as wind farms and solar power plants. The firm is also looking to buy peripheral assets from European banks, while in Asia, they are still waiting for prices of potential targets to drop further. President Makoto Inoue did not give specific targets but revealed that the would-be acquisitions should be exciting and reasonably priced.
New Amplifier Design for Mobile Phone Masts Could Reduce Carbon Emissions
The University of Bristol and Cardiff have made a breakthrough by designing a signal amplifier that woks at 50% efficiency compared with the 30% now typically achieved. Currently, a 40Wtransmitter in a phone mast’s base station needs over 130W to amplify signals and send them to people’s mobile phones. The new design will just require 80W. If 10,000 base stations were fitted with the new technology, it is estimated that the total savings would add up to half the output of a mid-size 400MW power station.