Clean Energy Investment Forecast for 2016

renewables-investment-trendsGlobal interest in clean energy technologies reached new heights last year and 2016 promises to be another record-breaker. The year 2015 witnessed installation of more than 121 GW of renewable power plants, a remarkable increase of 30% when compared to 2014. With oil and gas prices tumbling out to unprecedented levels, 2016 should be a landmark year for all clean energy technologies. As per industry trends, solar power is expected to be the fastest-growing renewable power generation technology in 2016, closely followed by wind energy. Among investment hotspots, Asia, Africa and the Middle East will be closely watched this year.

Investment Forecast for 2016

Clean energy is rapidly becoming a part of mainstream investment portfolios all over the world. In 2016, a greater attention will be focused on renewable energy, mainly on account of the Paris Framework and attractive tax credits for clean energy investments in several countries, especially USA.

Infact, the increasing viability of clean energy is emerging as a game-changer for large-scale investors. The falling prices of renewable power (almost 10% per year for solar), coupled with slump in crude oil prices, is pulling global investors away from fossil fuel industry. At the 2016 UN Investor Summit on Climate Risk, former US vice president Al Gore said, “If this curve continues, then its price is going to fall “significantly below the price of electricity from burning any kind of fossil fuel in a few short years”.

There has been an astonishing growth in renewable generation in recent years. “A dozen years ago, the best predictors in the world told us that the solar energy market would grow by 2010 at the incredible rate of 1 GW per year,” said Gore. “By the time 2010 came around, they exceeded that by 17 times over. Last year, it was exceeded by 58 times over. This year, it’s on track to be exceeded by 68 times over. That’s an exponential curve.”

China will continue to dominate solar as well as wind energy sectors

China will continue to dominate solar as well as wind energy sectors

As per industry forecasts, China will continue its dominance of world PV market, followed closely by the US and Japan. Infact, USA is anticipated to overtake Japan as the second largest solar market this year. India, which is developing a highly ambitious solar program, will be a dark horse for cleantech investors. The top solar companies to watch include First Solar, Suntech, Canadian Solar, Trina Solar, Yingli Solar, Sharp Solar and Jinko Solar.

Morocco has swiftly become a role model for the entire MENA. The government’s target of 2GW of solar and 2GW of wind power by 2020 is progressing smoothly. As for solar, the 160MW Noor-1 CSP is already commissioned while Noor-2 and Noor-3 are expected to add a combined 350MW in 2017.

China will continue to lead the global wind energy market in 2016, and is on course to achieve its target of 200 GW of installed wind capacity by 2020. Other countries of interest in the wind sector will be Canada, Mexico, Brazil and South Africa. The major wind turbine manufacturers to watch are Siemens, Vestas, Goldwind, Gamesa and GE.


To sum up, the rapid growth of global renewable energy sector in the past few years is the strongest signal yet for investors and corporations to take the plunge towards green energy and low-carbon growth. As the UN chief Ban Ki-moon famously said, “It marks the beginning of the end of growth built solely on fossil fuel consumption. The once unthinkable has now become unstoppable.”

Your Choices for Alternative Energy

renewables-investment-trendsWhile using alternative sources of energy is a right way for you to save money on your heating and cooling bills, it also allows you to contribute in vital ways to both the environment and the economy.  Alternative energy sources are renewable, environmentally sustainable sources that do not create any by-products that are released into the atmosphere like coal and fossil fuels do.

Burning coal to produce electricity releases particulates and substances such as mercury, arsenic, sulfur and carbon monoxide into the air, all of which can cause health problems in humans.

Other by-products from burning coal are acid rain, sludge run-off and heated water that is released back into the rivers and lakes nearby the coal-fired plants.  While efforts are being made to create “clean coal,” businesses have been reluctant to use the technology due to the high costs associated with changing their plants.

If you are considering taking the plunge and switching to a renewable energy source to save money on your electric and heating bills or to help the environment, you have a lot of decisions to make. As well as Primetimeessay helps students with their assignments, writers of this service helps everyone who wants to save the environment. The first decision you need to make is which energy source to use in your home or business.  Do you want to switch to solar energy, wind power, biomass energy or geothermal energy?

Emissions from homes using heating oil, vehicles, and electricity produced from fossil fuels also pollute the air and contribute to the number of greenhouse gases that are in the atmosphere and depleting the ozone layer.  Carbon dioxide is one of the gases that is released into the air by the burning of fossil fuels to create energy and in the use of motor vehicles.  Neither coal nor fossil fuels are sources of renewable energy.

Replacing those energy sources with solar, biomass or wind-powered generators will allow homes and businesses to have an adequate source of energy always at hand.  While converting to these systems can sometimes be expensive, the costs are quickly coming down, and they pay for themselves in just a few short years because they supply energy that is virtually free.  In some cases, the excess energy they create can be bought from the business or the homeowner.

While there are more than these three alternative energy options, these are the easiest to implement on an individual basis.  Other sources of alternative energy, for instance, nuclear power, hydroelectric power, and natural gas require a primary power source for the heat so it can be fed to your home or business.  Solar, wind, biomass and geothermal energy can all have power sources in your home or business to supply your needs.

Solar Energy

Solar power is probably the most widely used source of these options.  While it can be expensive to convert your home or business over to solar energy, or to an alternative energy source for that matter, it is probably the most natural source to turn over to.  You can use the sun’s energy to power your home or business and heat water.  It can be used to passively heat or light up your rooms as well just by opening up your shades.

Wind Power

You need your wind turbine to power your home or office, but wind energy has been used for centuries to pump water or for commercial purposes, like grinding grain into flour.  While many countries have wind farms to produce energy on a full-scale basis, you can have your wind turbine at home or at your business to provide electricity for your purposes.

The cost of alternative energy systems has dropped sharply in recent years

Biomass Energy

Biomass energy has rapidly become a vital part of the global renewable energy mix and account for an ever-growing share of electric capacity added worldwide. Biomass is the material derived from plants that use sunlight to grow which include plant and animal material such as wood from forests, material left over from agricultural and forestry processes, and organic industrial, human and animal wastes. Biomass comes from a variety of sources which include wood from natural forests and woodlands, agricultural residues, agro-industrial wastes, animal wastes, industrial wastewater, municipal sewage and municipal solid wastes.

Geothermal Energy

A heat pump helps cool or heat your home or office using the earth’s heat to provide the power needed to heat the liquid that is run through the system to either heat your home in the winter or cool it off in the summer.  While many people use it, it doesn’t provide electricity, so you still need an energy source for that.

Renewable Energy Trends in Germany

Germany has been called “the world’s first major renewable energy economy” as the country is one of the world’s most prolific users of renewable energy for power, heating, and transport. Germany has rapidly expanded the use of clean energy which now contributes almost one-fourth to the national energy mix. Renewable energy contribute as much as one-fourth of the primary energy mix and the country has set a goal to producing 35 percent of electricity from renewable sources by 2020 and 100 percent by 2050.

Solar Energy

Germany is the world’s biggest solar market and largest PV installer with a solar PV capacity of more than 32.3 GW in December 2012. The German new solar PV installations increased by about 7.6 GW in 2012, with a record 1.3 million PV systems installed across the country. Germany has nearly as much installed solar power generation capacity as the rest of the world combined and gets about 5 percent of its overall annual electricity needs from solar power alone.

Wind Energy

Germany’s wind energy industry is one of the world’s largest, and it is at the forefront of technological development.  Over half of all wind turbines in Germany are owned by local residents, farmers and local authorities which have tremendously improved the acceptance of wind turbines among local communities as they directly profit.

Being Europe’s primary wind energy market, Germany represents around 30 percent of total installed capacity in Europe and 12 percent of global installed capacity. Total wind energy capacity in Germany was 31.32 GW at the end of year 2012. Currently Germany is ranked third worldwide in installed total wind capacity with its share of total domestic electricity production forecasted to reach 25 percent by 2025.

Biomass Energy

Biomass energy is making a significant contribution to renewable energy supply in Germany and accounts for about 5.5 percent of the total electricity production in the country. Germany is the market leader in biogas technology and is also Europe’s biggest biogas producer. Last year around 7,600 systems with a cumulative capacity of 3,200 MW generated 21.9 billion kWh in the country, thus consolidating Germany’s status as a pioneer in clean energy technologies.

Renewable Energy Investment

Germany’s plan to phase out all 17 of its nuclear power plants and shift to renewable energy by 2022 is the largest infrastructure investment program in Europe since World War II. The country’s transition from nuclear energy-based power network to renewable energy systems will require investments of much as $55 billion by 2030.

Germany is the world’s third largest market for renewable energy investment which totalled $31billion in 2011. Sixty-five percent of investment in Germany was directed toward solar, with 29 percent ($8.5 billion) directed to wind. In addition, 700 MW of biomass capacity was added in 2011

The country offers generous feed-in-tariffs for investors across all renewable energy segments which is attracting huge private capital in cleantech investments. In 2010, the majority ($29 billion) of cleantech investment came from corporate investors across all sectors of the economy, including farmers, energy utilities, and industrial and commercial enterprises.

In the first six months of 2012, the amount of electricity produced from renewable resource rose from 20% to 25%, bringing Germany closer to its targets of 35% by 2020 and 80% by 2050. According to figures released by the government agency Germany Trade and Invest, 38% of the electricity produced by renewable energy during that period was through wind power, and almost 16% from solar.

Food Waste Management and Anaerobic Digestion

Food waste is one of the single largest constituent of municipal solid waste stream. In a typical landfill, food waste is one of the largest incoming waste streams and responsible for the generation of high amounts of methane. Diversion of food waste from landfills can provide significant contribution towards climate change mitigation, apart from generating revenues and creating employment opportunities.

Of the different types of organic wastes available, food waste holds the highest potential in terms of economic exploitation as it contains high amount of carbon and can be efficiently converted into biogas and organic fertilizer. Food waste can either be utilized as a single substrate in a biogas plant, or can be co-digested with organic wastes like cow manure, poultry litter, sewage, crop residues, abattoir wastes etc or can be disposed in dedicated food waste disposers (FWDs). Rising energy prices and increasing environmental concerns makes it more important to harness clean energy from food wastes.

Anaerobic Digestion of Food Wastes

Anaerobic digestion is the most important method for the treatment of food waste because of its techno-economic viability and environmental sustainability. The use of anaerobic digestion technology generates biogas and preserves the nutrients which are recycled back to the agricultural land in the form of slurry or solid fertilizer. The relevance of biogas technology lies in the fact that it makes the best possible utilization of food wastes as a renewable source of clean energy.

A biogas plant is a decentralized energy system, which can lead to self-sufficiency in heat and power needs, and at the same time reduces environmental pollution. Thus, the benefits of anaerobic digestion of food waste includes climate change mitigation, economic benefits and landfill diversion opportunities.

Anaerobic digestion has been successfully used in several European and Asian countries to stabilize food wastes, and to provide beneficial end-products. Sweden, Austria, Denmark, Germany and England have led the way in developing new advanced biogas technologies and setting up new projects for conversion of food waste into energy.

Codigestion at Wastewater Treatment Facilities

Anaerobic digestion of sewage sludge is wastewater treatment facilities is a common practice worldwide. Food waste can be codigested with sewage sludge if there is excess capacity in the anaerobic digesters. An excess capacity at a wastewater treatment facility can occur when urban development is overestimated or when large industries leave the area.

By incorporating food waste, wastewater treatment facilities can have significant cost savings due to tipping fee for accepting the food waste and increasing energy production. Wastewater treatment plants are usually located in urban areas which make it cost-effective to transport food waste to the facility. This trend is catching up fast and such plants are already in operation in several Western countries.

The main wastewater treatment plant in East Bay Municipal Utility District (EBMUD), Oakland (California) was the first sewage treatment facility in the USA to convert post-consumer food scraps to energy via anaerobic digestion. EBMUD’s wastewater treatment plant has an excess capacity because canneries that previously resided in the Bay Area relocated resulting in the facility receiving less wastewater than estimated when it was constructed. Waste haulers collect post-consumer food waste from local restaurants and markets and take it to EBMUD where the captured methane is used as a renewable source of energy to power the treatment plant. After the digestion process, the leftover material is be composted and used as a natural fertilizer.

The first food waste anaerobic digestion plant in Britain to be built at a sewage treatment plant is the city of Bristol. The plant, located at a Wessex Water sewage works in Avonmouth, process 40,000 tonnes of food waste a year from homes, supermarkets and business across the southwest and generate enough energy to power around 3,000 homes.

Solar Energy Prospects in Oman

Even the fleetest of glances at a map of worldwide solar energy levels shows Oman to be well placed to exploit the energy-giving rays of the sun. In fact, over the last few years, a gaggle of reports have been published extolling the virtues of exploiting this renewable energy source. However, with increasing and more urbanised populations consuming greater and greater amounts of energy, only now are governments across the Gulf and wider MENA regions seriously looking at harnessing solar power to help fill potential energy deficits.

Mr Jigar Shah, quoted in a recent article, said investors were “desperate to invest in the Middle East solar industry” and were waiting for clear instructions from the governments in the region. He said, “The economics of switching to solar energy are far better here than in South Africa, India, Brazil, China and the US. Now that the costs of developing solar technologies have significantly declined, it is time for the Middle East to turn talk into action.”

That there is huge potential in the solar industry was underlined in no uncertain terms by the announcement last year of a $2 billion project to develop solar energy power resources in Oman. The plans also envisage creating industrial plants for the manufacture of solar panels and aluminium frames, to be used by the power station and also for local consumption and export.

Knowledge and technology transfer were also critical contributors to the success of the project which also aimed to tie-up with major international technology companies and international universities with expertise in renewable energy education, to help train the local population in servicing this burgeoning industry.

David Heimhofer, Chairman of Terra Nex Group and Managing Director of Middle East Best Select Fund, said, “By attracting foreign direct investment in the growing renewable energy sector and using German expertise, Oman will become not just a regional leader in the field, but also benefit from the great intrinsic value within the complete value chain associated with this economic sector. He says“In addition to generating new jobs for the Omani people and boosting exports, this project creates an entire industry that Oman can be proud of.”

The project is expected to deliver more than 2000 jobs for Omanis across a diverse range of industrial sectors and services. In order to increase the skill set of the local population to help service these new jobs, the University of Zurich proposed the setting up of an educational institution in the Sultanate specialising in the field of renewable energy engineering.

Renewable Energy and its Applications

renewables-applicationsRenewable energy. Clean energy. Green energy. Sustainable energy. Alternative Energy. Renewal Energy. No matter what you call it, energy such as wind, solar, biomass and hydroelectric is having an impact on your life and could have an even bigger impact in the future. Renewable energy, in the most basic terms, is precisely what it sounds like. It’s power that comes from sources that regenerate, unlike fossil fuels, which only exist in a limited amount.

From 2000 to 2016, the use of renewables in the United States more than doubled and is expected to continue to grow. In 2016, they made up about 10 percent of total energy consumption and 15 percent of electricity generation. Consumption of renewable energy has grown in large part due to government incentives and requirements for renewable energy and the desire to switch to cleaner fuel in order to protect the environment.

There are a number of different sources of renewable energy in use today. Here are some of the most common ones.

Solar Energy

The U.S. solar industry has grown at an average annual rate of 68 percent over the last decade in the form of rooftop solar panels for individual buildings, solar farms built by utility companies and community solar projects, which produce solar for energy users in a certain area through a collection of solar panels.

Solar photovoltaic panels capture sunlight and convert it directly into electricity, which can power a small device such as a watch or sent into the grid to be distributed to a utility’s customers.

Wind Energy

People have been using windmills to utilize the wind’s energy for a long time, but today wind turbines are used to capture that energy and turn it into electricity. There are approximately 53,000 wind turbines operating in the United States today.

Wind turbines consist of a large tower, which is often around 100 feet tall, and several blades that use the power of the wind to spin. The blades are connected to a shaft that spins a generator in order to create electricity.

Like solar energy, power generated with wind can either be used for a specific application such as pumping water or powering a farm, or transferred into the electrical grid to meet other energy needs.

Biomass Energy

Biomass is another common form of renewable energy. Biomass is any natural substance such as wood, plant matter, gas from landfills and even municipal solid waste that contains stored energy from the sun.

When those substances are burned, they release that energy, which can be used as heat or fuel. Biomass can also be made into a liquid or gas that can be used as fuel.

Bioliquids, such as ethanol and biodiesel, are frequently used to power vehicles. Around 40 percent of the corn grown in the U.S. today is used for biofuels. Researchers are currently exploring new ways biomass can be used and additional substances that could be used for biomass energy.

Hydro Energy

Hydropower, energy generated with water, is one of the oldest and the most common renewable energy resource in the U.S., making up 6.5 percent of utility-scale electricity generation and 44 percent of generated renewable energy.

When water flows, it produces energy. We capture this energy by allowing moving water in rivers, waterfalls or elsewhere to turn generators that produce electricity. Hydroelectric plants can also be man-made, as is the case with dams. Man-made reservoirs hold water through the use of dams. That water is then released to flow through a turbine and create electricity.

Benefits Galore

The main benefit of renewable energy sources is the fact that they release very little greenhouse gases and so are better for the environment. Because electricity makes up the largest share of our greenhouse gas emissions, changing how we get our energy is crucial in the fight against global warming.

Biofuels are increasingly being used to power vehicles

Biofuels are increasingly being used to power vehicles

Another key advantage is the fact that they are renewable, which means we won’t ever run out of them. This stability could make access to energy more stable in the future. It can also keep energy prices more predictable, because the markets are subject to changes in supply.

Renewable energy is also flexible and can power large areas or single homes. Additionally, renewable energy projects create a number of well-paying jobs and tend to have a significant economic impact.

Key Drawbacks

Just like with fossil fuels, there are some disadvantages as well. Renewable energy plants are subject to fluctuations in wind, sunlight and other natural resources, meaning some days or in some particular months, a facility might produce more electricity than others. Today, in areas where renewables are common, fossil fuels are often used to make up any shortcoming in renewable energy production.

Due to their reliance on natural occurrences, renewables may fare better in some areas than others. An area with lots of direct sun all day long will be more suitable for a solar plant than somewhere that’s often dark and cloudy. Renewable energy farms also often require large areas of land, and while renewable energy tends to be cheap, initial construction and development costs can be quite high.

Despite these disadvantages, renewables are proving an important part of the energy mix of today and of the future, especially in the face of environmental concerns and worry about the availability of fossil fuels. Chances are we won’t see the end of the growing renewable energy industry any time soon.

About the Author

Emily Folk is a freelance writer and blogger on topics of renewable energy and conservation. To get her latest posts, check out her blog, Conservation Folks, or follow her on Twitter.