Energy crisis unfolding in Middle East has added political urgency, and more funding, to transform the solar industry in particular In Guyang-ri, a farming village of 70 households about 90 minutes south-east of Seoul, residents gather for free communal lunches six days a week. The meals are funded by the village’s one-megawatt solar installation, which generates roughly 10m won ($6,800) in net profit each month. “Residents eat lunch together every day, so we see each other’s faces, talk together,” says Jeon Joo-young, the village chief. “Bonds and solidarity between residents become much stronger. Life becomes more enjoyable.” Continue reading... from The Guardian https://ift.tt/KfVYsin via IFTTT
Report by Common Wealth argues rest of the world should pay for country’s transition as reparative climate finance Cuba could beat the US’s crippling energy blockade for ever with just an $8bn investment in renewable energy. And the rest of the world should pay for it. Those are the bold claims of a thinktank analysis of the embattled socialist republic’s energy policy, which claims that Cuba could show its Caribbean neighbours the way to a green energy future. Continue reading... from The Guardian https://ift.tt/XBRZuHe via IFTTT