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The number of early-stage renewable energy projects entering queues around the country exceeds the availability of labor and capital needed to build them, Brent Nelson, managing director of markets and strategy at market intelligence firm Ascend Analytics, said during a Thursday webinar. Despite the large number of new renewable energy projects, prices for power purchase agreements (PPAs) continue to rise, said Anthony Boukarim, senior manager of resource planning and valuation for Ascend Analytics. Renewable energy projects that lack interconnection and permit approvals are seen as high-risk, low value investments and financiers are turning down the majority of these projects, Nelson said. To save energy & cost for your business, contact me at https://buff.ly/2EjAMbu. #Reliability #EnergyStorage #EnergyEfficiency #Renewables #EnergyAudit #Procurement #Resilience https://buff.ly/40NP4tp

🚀 Exciting Insights on Co-Located Renewable Energy Risks! 🌱🔥 As co-located renewable energy assets grow rapidly across the U.S., understanding the unique financial risks linked to fire incidents becomes crucial. Our latest report dives deep into why these projects face greater risks than standalone installations and outlines why traditional fire suppression solutions might not meet local codes. 📊 Key Highlights: - Proliferation of co-located renewable projects - Increased financial stakes due to fire risks - Underestimated fire risks in solar and wind sectors - Essential steps for comprehensive fire risk management Learn how a thorough cross-site fire risk analysis can safeguard your investments and enhance your sustainability efforts. Don't miss out on crucial strategies to protect your assets and reputation! #RenewableEnergy #FireSafety #InvestResponsibly #Firetrace #FiretraceInternational #WindTurbines #WindEnergy #SolarFarms #SolarEnergy #EnergyStorage

Queensland's renewable energy target (QRET) is driving the state towards a more sustainable future. By 2030, 50% of Queensland's electricity consumption must be sourced from renewables. As the shift to renewable energy continues, pumped hydro is becoming an increasingly important part of the conversation. Here are 5 things you need to know about pumped hydro in Queensland. #CostelloGroup #RenewableEnergy #PumpedHydroQld

Solar and wind, two of the leading renewable sources, have seen significant price drops. Wind energy costs have decreased by over 50% in the last decade, while "solar panel" costs have fallen by a staggering 80%. This trend is expected to continue as technology matures and manufacturing becomes more efficient. While upfront installation costs for renewables can be higher than traditional methods, they offer significant savings over time. Renewable energy sources have little to no fuel costs, leading to predictable and stable energy expenses. Additionally, these systems require minimal maintenance, further reducing long-term operational costs. Renewable energy is no longer a luxury but a cost-competitive and sustainable solution for our energy needs particularly in Africa. As technology continues to advance, we can expect renewable energy to become even more affordable and accessible in the years to come. #solarsystem #electricsol #abujaenergy #bioenergy #Solar #solarenergycompany #implementationexpert

Report Warns of Fire Risks in Co-Located Renewable Energy Projects #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/grQnv3Wk

ABO Wind becomes ABO Energy. Leading international renewable energy developer ABO Wind has rebranded in Northern Ireland to become ABO Energy. The company is leading NI's shift away from fossil fuels, having achieved planning approval for 375MW of renewable electricity generation and storage. Initially set up to develop onshore wind farms, the company’s focus has expanded, and its expertise has grown to include battery energy storage, solar PV and hydrogen production. Commenting on the rebrand, Patricia McGrath (MIPI), ABO Energy’s Head of Development in Northern Ireland said: “The name ABO Energy much better reflects the breadth of skills and expertise we now have. "The rebrand does not involve a change in company ownership, and our ethos remains unchanged. Everyone who deals with ABO Energy will see the same ambition, professionalism and respect they are used to from our team. “In addition to our already consented schemes, under the ABO Energy banner we are progressing a pipeline of new projects totalling over 300 MW and we expect that to grow further in the coming months. “There is a lot of work to do if we are to achieve the 2030 target of 80%; but at ABO Energy we are more than up for the challenge.” #ClimateChange #RenewableEnergy #SustainableInvestment

Coal plants are losing the economic battle to renewables in the US. A recent analysis found that it's more cost-effective to construct new solar or wind energy installations than continue operating 99% of coal plants. The falling cost of renewable energy, accelerated by recent legislation, has rendered coal uncompetitive. Only one coal plant, Dry Fork in Wyoming, remains cost-effective compared to renewables. As coal diminishes in significance, the emphasis is on accelerating the expansion of wind and solar to support a transition away from coal. This transition offers an opportunity to invest in local communities and economic resilience. Link to the full article below: https://lnkd.in/gsE53h4V Explore your career potential in sustainability with Octavius Renewables in the renewable energy sector: 📧 Email: enquiries@octaviusrenewables.com 📞 Call: +44 (0) 208 004 4030 🌐 Learn more: www.octaviusrenewables.com #OctaviusRenewables #Octavius #Renewable #RenewableEnergy #CoalVsRenewables #CleanEnergy #EnergyTransition #Sustainability

Scottish Renewables, supported by 67 organisations within the renewable energy sector, has issued a collective plea to the new UK Government to accelerate the deployment of renewable energy projects. This call comes ahead of Allocation Round 6 (AR6) of the Contracts for Difference (CfD) scheme, crucial for securing investments in low carbon electricity generation. https://lnkd.in/eUrKfY69 #energy #utilities #renewableenergy #CfD #contractsfordifference

The number of renewable energy projects exceeds the availability of labor and capital needed to build them. Prices for power purchase agreements (PPAs) continue to rise. Renewable energy projects without interconnection and permit approvals are seen as high-risk, low value investments.