Egypt’s Renewable FIT Program Gains Traction
The Government of Egypt has said that it must invest US$12 billion in the electricity sector over the next five years in order to meet that country’s urgent electricity demands — and renewable energy will be a key component.


Australia’s largest electricity producer committed to close its coal-fired power plants within 35 years as part of an effort to cut the nation’s dependence on the fossil fuel.
A “dark horse” is defined as a little-known entity that emerges to prominence in the face of competition — a contestant that seems unlikely to succeed. I borrow the term from a conversation last week, wherein India was referred to as the dark horse in the global race to go solar.
Political deadlock over Australia’s clean energy future is prompting companies such as Vestas Wind Systems A/S and Acciona SA to increasingly turn to rival markets for growth.
We’ve made great progress with renewable energy — but from an almost zero base we still have a long way to go. Fortunately, the path is clear. California is already over 12 percent with a combination of hydroelectric, wind and solar (unfortunately not much hydro this year). Getting to 50 percent only requires the deployment of existing technology. But can we get to 100 percent?