California tops 2020 goal of 33% renewable energy

first_img FacebookTwitterLinkedInEmailPrint分享PV Magazine:California has passed its 33% renewable energy target two years before the 2020 deadline. The state’s next renewable milestone is at 44% by 2024, a 33% growth in just over five full years.The California Energy Commission estimates that 34% of the state’s retail electricity sales in 2018 were provided by renewable energy sources eligible for its renewable portfolio standard (RPS). This definition notably excludes the state’s large hydroelectric plants.The report notes that in 2018, solar represented the largest portion of renewable generation serving California’s electricity load, at almost 12% of all electricity. Broadly, in the past five years large-scale solar generation has increased nearly five-fold, while behind-the-meter solar resources increased approximately 310%. As well, the state expects it will soon achieve the goal of 1 million solar roofs, with an estimated 958,000 solar systems installed.A total of 19 GWac of solar power has been installed in the state, including behind the meter capacity. In total, the state had installed 30.8 GW of renewable capacity by December 31, 2018.Of interest, large hydroelectric facilities, generally defined as 30 MW or larger, with some exceptions, are not eligible for the RPS in California, therefore generation from large hydroelectric facilities is not included in this calculation. The report notes that in 2017, large hydroelectric represented nearly 15% of California’s electricity generation.More: The Golden State is officially a third renewable, and it’s not stopping there California tops 2020 goal of 33% renewable energylast_img read more

Kongsberg Maritime Swings to Profit

first_imgKongsberg Maritime (KM) has reported third-quarter 2017 revenues at NOK 1.81 billion, relatively flat with NOK 1.85 billion in the corresponding period in 2016.Kongsberg’s largest business area has seen order intake in the quarter at NOK 1,67 billion, resulting in an accumulated order intake at quarter end of NOK 5,64 billion.For the first nine months of 2017, KM generated revenues of NOK 5.55 billion, almost NOK 1 billion less from the corresponding comparable period. According to the company, revenues are expected to stabilize in 2018, and profitability should gradually improve.EBITDA was NOK 176 million, with margin of 9.7 percent, compared to negative NOK 255 million same time last year, and negative margin of 13.8 percent.Kongsberg Maritime reported order backlog of NOK 4.9 billion, against NOK 5.2 billion at the end of Q2 2017.Number of employees at KM was reduced by 55 since June 30, 2017, and by 336 since end-2016.“Kongsberg Maritime has in the last two years carried out significant organisational changes and capacity adjustments that are beginning to yield improved profitability. This restructuring has been necessary both in dealing with lower demand in certain markets and at the same time due to intensified competition. Some markets are still challenging, but we expect the new organisation and business model to make Kongsberg Maritime more robust and better adapted to the current market situation and expected future development. We are continuing to take strategic positions with new concepts and focusing on segments with growth, and see considerable opportunities ahead of us,” says Geir Håøy, president & CEO.As a Group, Kongsberg generated profit after tax on NOK 79 million, on revenue of NOK 3.28 billion, versus loss of NOK 144 million on revenue of NOK 3.43 billion.last_img read more

FIBA’s Foundation launches new ‘Basketball for Good’ platform

first_imgFIBA’s Foundation, the International Basketball Foundation (IBF), yesterday launched its new ‘Basketball for Good’ digital platform (http://www.fiba.basketball/foundation).The Foundation, according to a FIBA release, will use the power of basketball to initiate positive social change globally, contributing to the United Nation’s Sustainable Development Goals.Following their recent inclusion in the United Nations Sports for Climate Action Framework, FIBA said, “This is another aspect where FIBA is aligning with the International Olympic Committee’s Olympic Agenda 2020 that endorses sustainability goals.”Integrated into the FIBA basketball website, the platform will showcase the diverse Basketball For Good projects the Foundation runs globally.As part of the new platform, IBF is also launching a “propose a project” form, enabling people to submit projects which require assistance and which align with the IBF’s vision and mission around ‘Basketball For Good’..The IBF started developing its Basketball For Good programmes in 2016 and now runs 15 projects in 64 countries, reaching 28 000 youths globally.The Foundation aims to grow the scale and impact of its Basketball For Good programme and this new digital platform will also become a central hub for the wider Basketball For Good community, including FIBA’s stakeholders such as national federations, leagues, clubs, NGOs and individuals that share the same vision of using basketball’s power to initiate positive change.Through the Basketball For Good platform, individuals can make donations, offer equipment or services to support the projects, or find out about volunteering opportunities.IBF president Horacio Muratore in a statement said: “We are very happy to launch our new platform as it will not only be a great way for us to display the impact that our projects have, but it will also allow us to showcase all the good that our basketball family creates throughout the world.”Patrick Haynes, the Guyana Amateur Basketball Federation (GABF) General Secretary and FIBA 3×3 Commission Member, is featured on the impact of the Foundation’s Antilles 3×3 project in the Caribbean region, saying, “Sport has the power to unite out communities – both the International Basketball Foundation and the Caribbean Basketball Confederation are dedicated and committed to developing and promoting the game of basketball, to bring people together, to unite our communities, and to make basketball the most popular sport in our communities.”The IBF’s new digital presence and social media platforms will be promoted on FIBA’s social media channels via Facebook and Instagram.last_img read more