Last week the 350 team were meeting government officials in Malawi and Zambia, and during the journey we saw just how important geographical concerns are for renewable development. In particular, as we explored the issues facing African renewable energy we confirmed a key element of our strategy to match the right renewable technology to the local ecosystem, economic needs and political climate for the region. Put simply, Sub-Saharan Africa doesn't need solar. It placed us in the unusual position of being invited to discuss expanding the Malawian renewable power supply from 350MW towards their long term goal of [...]
Read MoreHere’s an interesting thought. As the global stock markets are sliding back in the wake of concerns over China’s stock market woes, investors are looking to diversify their holdings and hedge a bit with different kinds of asset. Which is predictable. At times like this, investors look for the chance to buy cheap, weather the volatility and enjoy a bit of upside when it all gets back to normal. And for the more risk inclined, carbon, specifically Certified Emissions Reductions or CERs, might finally be looking like a reasonable punt. Now, admittedly, for some years now CERs have looked like a [...]
Read MoreWe’re delighted to announce Justin Passfield has joined the team to take on the role of Chief Financial Officer. As 350 gears up for a busy 2015/2016 project programme, Justin’s experience and industry insights will prove invaluable as we continue to build on our clean energy development track record. Justin's role will be driving 350's financial engagement with utility-scale power generation projects, complex international deal structures and renewable energy initiatives for our clients. “Having known and worked with Nick over the last couple of years I am looking forward to joining the 350 team, and helping to realise the [...]
Read MoreClean renewable home energy has an arch nemesis. It’s not (as some green narratives might suggest) powerful oil lobbies holding it back for the sake of profits though, it’s much more boring than that. The supervillain of clean energy is infrastructure: The electricity grids of the modern world are based on old fashioned technologies and ideas of how to ship electricity from power stations to your plug sockets at home. But over the last couple of years a bit of lateral thinking to solve the grid problem has emerged from a surprising area. It’s not from city electrical engineers, or solar [...]
Read MoreEarlier this month Enel Green Energy brought 100MW of solar panels online in the South Atacama Desert in Chile. The South Atacama is also where our Solar Development company Solar 350 is about to start building our own solar parks, and where our carbon accreditation company Carbon 350 sees huge potential for emissions offsets. It is a unique location to optimise solar power, not just in terms of consistently high solar irradiation but also for creating the best C02/CO2e reductions from renewable power too. We're not surprised to see the rise of renewable energy in Chile. However these [...]
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