- The largest pension funds manager in Norway, KLP, is divesting completely from coal energy. The money involved, around $75 million, will instead be invested into renewable energy companies. With assets of around $84 billion, KLP is second in the world only to Norway’s state-owned oil-revenue fund with regard to investment clout. [CleanTechnica]
- The National Institute of Solar Energy in India has determined the country’s solar power potential at about 750 GW, using the wasteland availability data in every state and jurisdiction of India. The estimate is based on the assumption that only 3% of the total wasteland available in a state is used for development of solar power projects. [CleanTechnica]
- Energy suppliers in remote areas are turning to renewable-powered microgrids like those on islands. They can operate independently or in conjunction with the area’s main electrical grid. By being able to produce electricity on site, distributed solar and wind systems reduce utility infrastructure requirements, cutting the cost of rural electrification. [CleanTechnica]
- A team of engineers from the NanyangTechnologicalUniversity in Singapore is building a small hybrid power grid to integrate multiple renewable sources of energy. The network, first in the region, tests and demonstrates integration of solar, wind, tidal, and other technologies, to ensure that these energy sources operate well together. [Beta Wired]
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