At current growth rates, the amount of electricity used by air conditioners and fans will more than triple by 2050

Today, most of the world's air conditioners are concentrated in a handful of affluent countries, but a sharp increase in demand will triple the amount of energy used for space cooling by 2050 and require new generating capacity equal to what's produced in the U.S., Japan, and the European Union today.

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SQN's CEO said the Section 201 trade case was a

SQN Capital Management issued a statement Thursday that is has released solar module manufacturer Suniva from bankruptcy, and plans to "restart operations as soon as possible."

Suniva filed for Chapter 11 bankruptcy protection last April. Shortly after, the Georgia-based solar manufacturer filed a Section 201 trade case, seeking relief from "destructive" foreign trade practices. At the time, Suniva was majority Chinese-owned.  

Financial firm SQN backed Suniva through the trade petition last year, which resulted in the Trump administration imposing a 30 percent step-down tariff on virtually all imported solar products.

SolarWorld Americas, formerly the U.S. arm

It's a good deal for solar, according to industry members.

European Union officials drew mixed responses from special interest groups this week after agreeing to a binding renewable energy target of 32 percent by 2030. The target represents a climbdown for the European Parliament, which had originally proposed 35 percent.

But it is still a big improvement over the European Council’s counteroffer of 27 percent. The deal includes a clause to allow for an increase in the target by 2023.

EU Climate Action & Energy Commissioner Miguel Arias Cañete tweeted that Europe was “upping the game” as negotiators emerged from talks that lasted through the night. 

And the European PV industry body

Bloom Energy’s S-1 by the Numbers

Bloom Energy’s filing for an initial public offering this week has offered long-time watchers of the well-funded Silicon Valley fuel cell firm reams of hitherto unavailable data. 

Now it’s up to would-be investors to decide whether the data paints a clear picture of how Bloom will turn its $1.5 billion in equity investment into a public company that won’t also collapse under the weight of its business ambitions. 

Here’s our take on the key data points in Bloom’s S-1, starting with the top-line figures.

A $2.3 billion deficit, and no profitability for the foreseeable future 

Bloom’s financials revealed that the

Elon Musk reorganizes Tesla again.

Elon Musk announced Monday that Tesla is laying off 9 percent of salaried employees at the company. This is not the first round of sweeping layoffs at Tesla — the most recent came after the SolarCity acquisition. But this appears to be the biggest so far.

This week, we'll discuss Elon's new quest for profitability.

Then, we'll cover the neverending saga in Washington over saving coal plants. The Trump administration is now trying to invoke national security to prop up closing coal and nuke plants — and the nation’s top energy regulators are giving it the cold shoulder.

Finally, The Energy Gang is

It’s time to take off the rose-tinted blockchain glasses. 

The transparency and decentralization that accompanies blockchain helps provide innovation to the energy industry; however, it is by no means a one-size-fits-all solution that will necessarily transform the electricity sector.

Blockchain will face significant hurdles to truly disrupting organized power markets. While there is room for blockchain or a similar technology in the energy market of the future, scaling timelines are dependent on technical and regulatory barriers. Blockchain could have outsized implications for monitoring Renewable Energy Certificate (REC) and natural gas markets, and it seems likely that these use cases will be first to commercialize.

Blockchain energy evangelism

Containerized storage systems like the one pictured will help U.K. Power Reserve deliver fast-response grid services.

A U.K. flexible power developer recently chose Fluence, a Siemens and AES Energy Storage joint venture, to supply three 20-megawatt storage systems to serve the country's increasingly renewables-heavy grid.

U.K. Power Reserve will use the 1-hour duration Advancion systems to fulfill the first half of its obligation under the 2016 Capacity Market auctions. They are expected to be operational this winter. The 15-year capacity contract will anchor the storage business case, but the system will play in other grid services markets in the meantime.

The move comes at a time of transition for the British grid.

The nation is phasing out

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Qatar Green Leaders is a Green Building Certification Management & Training Company, dedicated to helping its clients achieve the most feasible LEED / GSAS certification.

We are a privately-owned Qatari company established in June 2011 and operating from Doha, Qatar.

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