March 21 NEC Energy News
¶ “Why Solar And Batteries Are Now The Engine Room Of The Energy Transition” • Quinbrook Infrastructure Investors,one of the world’s biggest investors in renewable energy systems, says the falling cost of solar and batteries is pushing the green energy transition to a “tipping point.” It will underpin massive new green metals industries. [RenewEconomy]
¶ “Zelenskyy: Nuclear Power Plants ‘Belong To The People Of Ukraine'” • A day after US President Donald Trump, in which Trump reportedly suggested that Ukraine consider transferring ownership of its power plants to the US for long-term security, Ukrainian President Zelenskyy said Ukraine’s nuclear plants are not a private but a national asset. [Yahoo News UK]
¶ “Schroders Greencoat Hits 2-GW UK Solar Milestone” • The firm Schroders Greencoat hit a landmark 2 GW in operating UK solar capacity, equivalent to supplying annual needs of around 730,000 homes. With over 200 solar projects operating in the UK, Schroders Greencoat’s portfolio has around one fifth of the UK’s total ground mount solar capacity. [reNews]
¶ “Lidar’s Wicked Cost Drop” • An article from China Daily on the growing autonomous driving market and dropping costs, says this: “A LiDAR unit, for instance, used to cost 30,000 yuan (about $4,100), but now it costs only around 1,000 yuan (about $138).” The extra cost is minimal now if it provides much better safety and results in fewer accidents. [CleanTechnica]
¶ “Solar To Take Lead As India Targets 500 GW Of Renewables By 2030” • India’s goal is to have 500 GW of renewable energy capacity by 2030, which aligns with its pledge at COP26 to reach net-zero emissions by 2070. Among various renewable energy sources, solar power is poised to play a leading role in realizing this target. [pv magazine International]
¶ “Green Investors Are Finding Bargains in Trump’s Big Oil Era” • Private infrastructure investors are snatching up green bargains in what seems to be a buyer’s market for wind, solar, and battery projects. Brookfield is among the asset managers betting that rising energy consumption and competitive economics will drive demand toward renewables. [Yahoo Finance]
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