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Climate change could threaten entire financial system, APRA warns Climate change could threaten the stability of the entire financial system, the prudential regulator has warned, as it prepares to apply climate change “stress tests” to the nation’s financial institutions. In its first major speech on climate change, the Australian Prudential Regulation Authority chastised companies for a lack of action on ... Read More »

Solar-powered trains are closer to reality than we might think How can we connect solar photovoltaics (PV) directly to railways to power electric trains? That’s the question my charity 10:10 and researchers at Imperial College’s Energy Futures Lab are trying to answer. Electric trains are by far the best long distance transport mode when it comes to carbon emissions – ... Read More »

Social Impact Investing Is Attracting New Funds As Well As New Startup Ideas If you’re looking for a respite from the daily parade of rancorous headlines and doomsday predictions, might I suggest dipping a toe in the world of social impact investing. I said “yes” to an invite to Impact Engine’s annual showcase the other day, and walked away thinking ... Read More »

OPEC’s Top Producer Is Turning to Wind and Solar Power The nation most identified with its massive oil reserves is turning to wind and solar to generate power at home and help extend the life of its crucial crude franchise. Starting this year, Saudi Arabia plans to develop almost 10 gigawatts of renewable energy by 2023, starting with wind and ... Read More »

Malcolm Turnbull: PM makes home blackout-proof with solar panels PRIME Minister Malcolm Turnbull is making his harbourside mansion blackout-proof — by installing hi-tech new batteries to store energy generated by his rooftop solar panels. Late last year, Mr Turnbull installed lithium-ion batteries at his home to store power generated by a series of rooftop solar panels, which were recently upgraded. ... Read More »

India has 10-year window to shift completely to renewable energy: TERI Excess power generation capacity provides India an opportunity to shift completely to green energy. If the country can halve storage technology prices in 10 years it can do without the need for new coal based plants, a study by The Energy and Resource Institute (TERI) said. The TERI report ... Read More »

Indian Navy’s Sarvekshak becomes first solar powered warship For the first time in India, an Indian Navy warship has been fitted with solar panels that power the vessel’s lighting and communication equipment needs when on sail. India’s survey class vessel – INS Sarvekshak – has been installed with 18 sheets of flexible, rust-free solar panels atop the ship’s hangar. This ... Read More »

Pranab Mukherjee inaugurates solar power project in President’s Estate President Pranab Mukherjee (PTI Photo by Vijay Verma) President Pranab Mukherjee today inaugurated the first phase of a solar power project in the President’s Estate that would generate 670 kilowatt electricity for the sprawling premises. Under the project, seven rooftop solar panels have been installed with an investment of Rs 2.23 ... Read More »

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Budget 2017 gives big boost to renewable energy with duty reductions, new capacity The Budget has given a boost to renewable energy, announcing another 20,000 mw of solar park development in phase II and a slew of duty reductions on components for fuel cell-based power generating and biogas systems, as well as wind energy equipment. The Budget announced solar power ... Read More »