A Unique Mix of Opportunities and Challenges for Solar Energy

| February 7, 2017

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The global solar sector is in the midst of an unprecedented period of transformation. Within the past five years, the cost of a solar panel has come down 82 percent. Last year alone, China installed more than half as much solar as America has cumulatively.1 Bloomberg New Energy Finance estimates that solar power will account for 30 percent of U.S. installed energy generation by 2040.2

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Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. Building on more than 50 years of experience , our employees are focused on safety and premier offshore drilling performance.

OTHER ARTICLES

These solar-charged electric vehicles could change the world

Article | March 25, 2020

With people working from home and generally staying in spring 2020, publications around the world have reported on a significant decrease in air pollution. Wouldn't it be great if we could keep emissions low, even after the threat of Covid-19 has dissipated? One company is trying to make that happen. Earlier this week, The New York Times reported that traffic and air pollution have plummeted as cities shut down due to the coronavirus. While there are no silver-linings to the COVID-19 pandemic, our response to this crisis shows that we are capable of abrupt changes when the situation necessitates them. Perhaps we can even reverse climate change. A key factor in bringing this change will be altering the way we commute. One company, Aptera Motors, is trying to make this happen with solar-charged electric vehicles.

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How is the pandemic affecting the energy industry?

Article | April 8, 2020

There are many ways the Corona Virus pandemic will change our world forever including the impact it will have on various industries. Our industry will be changed in ways we cannot yet imagine. However, some of the positive and negative impacts it will have are beginning to emerge including on oil demand and prices, production of equipment for renewables such as solar panels, carbon emissions and cancelling of key events.

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Solar Power, Great For The Environment? Or Is It The Last Thing We Need?

Article | February 10, 2020

Solar power is an undeniably a green, renewable form of electricity generation - but many organisations with questionable motives (even here in New Zealand) are trying to persuade the public (and Government – hi lobbyists!) that solar power isn’t that environmentally friendly, and that it's even harmful. At the expense of bullish corporate profits, solar power is often thrown under the bus. This article lists the facts - putting an end to the negative spin on solar so often found in the media. When solar panels produce power, they do not; create any air pollution, use zero water, create carbon emissions, noise pollution, and they won’t disturb surrounding ecosystems. Solar power is a renewable energy source, the sun’s rays are infinite, fill your boots.

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10 ways coronavirus is changing energy and climate change

Article | March 23, 2020

The various impacts are occurring both now and into the future. Most changes don’t bode well for acting on climate change and transitioning to cleaner energy. Global carbon dioxide emissions are likely to drop this year, due to the global economy faltering. That’s not a silver lining to the novel coronavirus. It’s like a person who loses weight while sick. It’s a byproduct of a bad situation and by definition should and will not last. Indeed, since the Industrial Revolution, the world’s emissions have not gone down except briefly during economic crises. These incidents merely show how difficult it is to reduce emissions in an economically sustainable way.

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Spotlight

Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. Building on more than 50 years of experience , our employees are focused on safety and premier offshore drilling performance.

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