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Articles by Ian Clover

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6.5% of global GDP spent subsidising fossil fuels, or $12m every minute

6.5% of global GDP spent subsidising fossil fuels, or $12m every minute

IMF says subsidies to global fossil fuel industry reached $A6.7 trillion in 2015 – or $A18 billion a day, or $A12 million a minute.

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Solarcentury and IKEA launch residential home battery in UK

Solarcentury and IKEA launch residential home battery in UK

The new product, available to U.K. online customers, will retail from £3,000 for a standalone battery, or from £6,925 for the solar panel-plus-battery package.

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Coal provided just 2% of UK power in the first 6 months of 2017

Coal provided just 2% of UK power in the first 6 months of 2017

Five years after meeting 40% of U.K.’s electricity supply, new data shows that coal only met 2% of the country’s power needs in last 6 months.

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Australia becomes 35th member of International Solar Alliance

Australia becomes 35th member of International Solar Alliance

Launched in Paris during the COP21 summit, the International Solar Alliance, spearheaded by India and France, has this week welcomed Australia to the fold.

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Clean energy spending hits 43% share of total supply investment

Clean energy spending hits 43% share of total supply investment

Global spending on energy fall by 12% overall in 2016 but clean energy spending is on the up.

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Battery storage developer Younicos acquired by Aggreko in £40m deal

Battery storage developer Younicos acquired by Aggreko in £40m deal

German-U.S. storage specialist Younicos snapped up by British power generation firm Aggreko in £40m deal.

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Coal giant Vattenfall creates solar plus storage business unit

Coal giant Vattenfall creates solar plus storage business unit

Swedish power utility ramps renewable energy activity in recent weeks, spinning out a new photovoltaics & battery business unit from its business area wind.

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Solkiss to build world’s largest rotating solar plant in South Korea

Solkiss to build world’s largest rotating solar plant in South Korea

The South Korean solar developer will install a 2.67 MW floating solar farm on the Deoku Reservoir that will rotate to track the sun’s rays throughout the day, delivering a 22% increase in harvest, the company claims.

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Buzz Lightyear: first solar-powered family car hits the market

Buzz Lightyear: first solar-powered family car hits the market

The Lightyear One, developed by Dutch startup Lightyear, now available sale at retail price of €119,000. Company hopes to secure 200 orders by end of year.

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Energy storage already cost-competitive in commercial sector, finds study

Energy storage already cost-competitive in commercial sector, finds study

Cheaper battery prices sees storage playing a broader role in energy markets, particularly for commercial customers seeking to reduce peak consumption, research from McKinsey shows.

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UK’s ‘stunning Sunday’ of 70% low-carbon power offers glimpse of near future

UK’s ‘stunning Sunday’ of 70% low-carbon power offers glimpse of near future

Sunny and windy Sunday afternoon in the U.K. sees carbon intensity power production level fall below 100g of CO2 per kWh for first time ever, gifting country’s energy market glimpse into future power generation mix.