Growth of Investments in Renewable Energy Sector and Employment Boost.

According to a report released by United Nations Environment Program (UNEP), there has been an increase in the use of renewable energy with zero emissions. It was reported that an increase of 31 percent was noted two years ago in the investment of the renewable energy sector all over Canada and that amounted to $8 billion to be spent on developing projects to generate green energy. Local community co-operatives in Ottawa have teamed up with non-profit housing providers and local schools to build green projects. In Cocurg, Ontario local municipalities have installed solar systems on a ground and a recreation center in Baltimore along with further that are in progress. Greater numbers of jobs have been added in renewable energy business in the United States which concerns the wind and solar energy in recent time as compares to the number of jobs lost in the collapsing coal industry. This year, companies who provides renewable energy services expect to a record growth in the US which also means additional jobs in the sector. Find more information: http://topnews.net.nz/content/233479-renewable-energy-sector-investments-grow-and-also-boost-employment...

New Zealand Boasts of Geothermal Energy Capacity.

New Zealand has supplied 25 percent of the world’s new geothermal development over the past five years. Simon Bridges, Energy Minister, addressed the World Geothermal Congress to tackle about geothermal development in the country. “We are now the fifth largest geothermal power generator in the world,” he said. The share of electricity generated from renewable resources in New Zealand last year was 79.9 percent, a 5 percent increase from the previous year. Bridges explained that the renewable sector worldwide is expected to reach $7 trillion in private sector investment between 2012 and 2030. “In recent years we’ve heard a lot about the idea of an energy trilemma. As the World Energy Council puts it, we need to balance the tensions between the need for energy reliability and security, society’s need for accessible and affordable energy, and the need for environmental sustainability,” Bridges said.  “As the world transitions towards a lower carbon future, as issues such as pollution become more pressing, and as new technologies and innovations unleash new potential, it is hardly surprising that the value of the renewable energy industry is growing.” As the interest and demand for energy reliability and security increased, geothermal energy gained additional attention in recent years. “After all it is clean, cost-effective and very liable – if managed sustainability it provides a consistent energy flow day and night, in any climate and in any weather.” According to Bridges, total installed worldwide capacity from geothermal power plants has increased by 16 percent since 2010 – to 12,635 MW. It is expected to double between 2010 and 2020. There was NX$2 billion invested in geothermal in New...

New Solar Panels Fitted For Tuvalu Government.

In New Zealand, two companies have started using solar panels for two government buildings on the country’s main island, Funati. 170 kilowatts of electricity are expected from the solar photovoltaic arrays fitted by Solarcity and Infratec Renewables. The project is also expected to deliver 5 percent of the island’s energy requirements and reduce Tuvalu’s dependence on diesel by up to 62,000 liters. Funding from the New Zealand aid program, it is said to be a part of a wider energy initiative in the Pacific. The scheme has already allowed Tokelau to declare itself 100 percent reliant on renewable energy. Find more information at:...

Deal Reached for a New Wind Project in Samoa.

Samoa’s Electric Power Corporation (EPC) has reached an agreement with a locally registered Renewable Energy company to develop a new 25 MW wind energy farm on the island of Upolu. The Power Purchase Agreement (PPA) demands the Pacific Renewable Energy Ltd to build a wind farm plus a hydro storage plant on Upolu. Tologata Galumalemana Tile, General Manager of EPC says the renewable energy project will generate and supply 48 million units of electricity a year. “This is part of the EPC’s continuous efforts in developing renewable energy sources, so to achieve our Government’s goal of using 100% renewable energy for electricity generation,” he said. It would be the second wind farm in the country as the first wind farm in Samoa was commissioned in August 2014 at Vailoa, Aleipata. A 500 kW new solar system by the Sun Pacific Energy at the Faleolo Airport was commissioned and connected to the EPC grid last Friday, but the remaining 1,500 kW will be completed soon. According to Tologata, a second solar company, Green Power Samoa is currently constructing its 2,000 kW solar system at the same location and is expected to be commissioned in May this year. Find more information at:...

New Zealand To Assist Mauritius In Its Development Challenges.

Shane Geoffrey Jones, High Commissioner of New Zealand to Mauritius, expressed the interests of New Zealand to exchange ideas and provide technical assistance to the development challenges in Mauritius especially in sectors pertaining to the Ocean economy and renewable energy. He emphasized that New Zealand is currently one of the members holding the chair of the United Nations Security Council and that due consideration will be given to small island countries with respect to the objectives of the said council. He as well spoke on the provision of expertise by the Government of New Zealand to the neighboring island countries in the Pacific such as Fiji, Samoa and Tonga. This, he added, can serve as opportunities for island countries like Mauritius and Seychelles which can derive the same benefits. Find more information at:...