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December 5 Green Energy News

Headline News:

  • PV arrays coupled with battery storage systems are becoming the “new normal” in Australia’s wide-open spaces. The number of installations continue to increase as governments and businesses begin to realize the new reality of off or edge-of-grid solar plus storage affordability. A key to change is increasing familiarity with the technology. [RenewEconomy]
  • China State Grid Corp will spend about 400 billion yuan ($65 billion) this year on its electricity networks as the nation, which last month reached a deal with the US to curtail fossil fuels, copes with an unprecedented influx of clean energy and higher demand. Spending will need to be maintained at current levels for the next five years. [Businessweek]
  • The USDA’s Rural Utility Service’s Energy Efficiency & Conservation Loan Program allows rural utilities to borrow money at low rates – 30 years at 3.3% – for energy efficiency and renewable energy improvements at their facilities or properties owned by the customers it serves. Utilities may re-loan the money at a slightly higher rate. [CleanTechnica]
  • A new report by utility and finance experts contains positive news for the environment, our air and our pocketbooks. The economics of electric power resources have made zero-emissions energy efficiency and renewable energy technologies the most financially attractive options to meet the nation’s future energy demands. [Energy Collective]
  • With a global focus on reducing energy consumption continuing to grow, many methods of “going green” are getting increased attention. A new analysis from Frost & Sullivan finds that one of these concepts gaining prominence is the net zero–energy building. A net zero–energy building can generate more energy it needs. [CleanTechnica]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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