An introduction to the new Climate-KIC (short version)

| April 3, 2017

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Climate-KIC is the EU’s largest public private partnership addressing climate change through innovation to build a zero carbon economy.

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Sahara Group

Sahara Group is a leading international energy and infrastructure conglomerate with operations in over 38 countries across Africa, Middle East, Europe and Asia. Sahara is a dynamic leader in various energy sub-sectors via its Power (Generation and Distribution assets), downstream, midstream and upstream businesses.

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CORONAVIRUS CRISIS FAST-FORWARDS GREEN ENERGY 10 YEARS INTO THE FUTURE

Article | April 6, 2020

As businesses shut down and many work from home around the world, electricity demand has reduced in COVID-19 hotspots. This could have a knock-on effect for the renewable sector. China, where the outbreak first took hold, is the world’s biggest electricity consumer. Output from factories has been substantially diminished with many unable to return to their jobs in manufacturing. Due to the curtailing of industrial electricity use, cuts in energy consumption for 2020 could be equivalent to the power used by the whole of Chile, according to IHS Markit. In Europe, peak power consumption has also gone down. Italy, Spain, and the UK have all seen an average 10 per cent drop in energy usage with bars, restaurants, offices and factories, which remain closed as social distancing measures continue.

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Artificial Intelligence in the energy sector: opportunities and challenges

Article | March 25, 2020

AI is certainly the talk about the hour nowadays. In high-tech industry, AI is the one with most potential. But before proceeding and discussing further on this exciting technology, we’d like to first understand what AI means-: As power is being generated from more volatile sources like solar and wind, the requirement is that power generation must react intelligently to consumption (and vice versa). With AI, we can evaluate, analyse and control participants connected to each other via these smart grids. With modern day emphasis on climate changes and increasing pressure to reduce CO2 emissions, we must find ways to have most of our power generated from renewable resources. The problem with renewable sources of energy are that they are unpredictable, which makes production of energy periodical and sometimes even chaotic. With renewable sources, there can be power outages or too much power generation which needs to be controlled. Smart storage, also known as Intelligent Energy Storage(IES) can effectively handle these disrupt changes in power supply.

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4 Ways to Know Solar is a Good Fit for your Business

Article | March 27, 2020

Big or small, many industrial businesses can reap the benefits of installing solar power. When considering going solar, business executives should consider their goals of the project. Are you interested in going solar to cut your energy consumption and energy costs, being green-friendly to create a sustainable advantage or do you have another reason? There are many benefits of going solar for businesses Reduce Your Utility Bill, Get a Good Return on Investment Your company will always need electricity. Drawing on sources such as coal, natural gas, or oil costs your business increasing amounts each year. Drawing on the sun’s energy through solar is predictable and offers economic opportunity. Solar power offers the chance to reduce or eliminate your electricity bill as the power your system produces offsets the power you pull from the grid. The more power your system generates, the less you owe in utility costs.

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Will the Coronavirus Bring Clouds to this Solar Energy ETF?

Article | April 1, 2020

The capital markets are well aware of the stress and strife that coronavirus is putting on oil prices as the commodity continues to test new lows. One byproduct of the pandemic, however, that might not be getting enough coverage is the cloudy doom and gloom that the virus is bringing to the solar energy space. Solar energy businesses are also feeling the pinch, but not getting the support they desire from the federal government. “As Congress continues to address the ongoing COVID-19 crisis, we appreciate that they are prioritizing relief for families and small businesses,” said President and CEO of the Solar Energy Industries Association Abigail Ross Hopper. “There are several elements in this legislation that can help solar businesses and solar workers, including long-term unemployment insurance, business loans and provisions that support employee retention and other employee protections. We will be working to help our members understand what resources are available to them as a result of this legislation and how they can use those resources to help get through this difficult time.”

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Spotlight

Sahara Group

Sahara Group is a leading international energy and infrastructure conglomerate with operations in over 38 countries across Africa, Middle East, Europe and Asia. Sahara is a dynamic leader in various energy sub-sectors via its Power (Generation and Distribution assets), downstream, midstream and upstream businesses.

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