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How the Energy Industry Can Help Us Towards a Greener Future

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Generating energy is vitally important to our survival as a species, but it is also one of the biggest contributors to our carbon footprint.

Fortunately, the industry is starting to wake up to these challenges and has a potentially huge role to play in securing our environmental future.

Renewable Sources of Energy

One of the most important steps that the energy sector is taking to reduce its environmental impact is the transition towards renewable sources of energy. [Read more…] about How the Energy Industry Can Help Us Towards a Greener Future

Solar power revolution ‘unavoidable’ in Asia, says industry expert

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REC solar panel manufacturing plant in Singapore
A robot operates at a production line during a tour of an REC solar panel manufacturing plant in Singapore. Reuters / Edgar Su

By Henning Gloystein and Vera Eckert, Reuters

Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.

They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undeveloped infrastructure in more remote areas, plenty of sunshine, and backing for more renewable energy from many of Southeast Asia’s governments.

“Dramatically falling costs for solar energy technologies means businesses and governments are choosing renewable energy not for environmental reasons but for economic ones,” said Roberto De Vido, spokesman for Singapore-based Equis, one of Asia’s biggest green energy-focused investment firms with $2.7 billion in committed capital. “It simply makes good business sense. And that’s a trend that’s not going to change.”  [Read more…] about Solar power revolution ‘unavoidable’ in Asia, says industry expert