Tag Archives: renewable energy

World Resources Institute and Ørsted: How governments can scale up private sector investment in the renewable energy transition

Governments must work with the private sector to scale up much needed investments through conducive regulatory frameworks and policy solutions to speed up the decarbonization of the energy sector and avert the worst effects of climate change, says WRI and Ørsted in their new joint working paper. To achieve a net-zero society by 2050 and … Continue reading World Resources Institute and Ørsted: How governments can scale up private sector investment in the renewable energy transition

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American Clean Power Association Statement on Renewable Energy Investment Act

The American Clean Power Association (ACP)?issued the following statement after the Renewable Energy Investment Act was introduced in Congress today: “The American Clean Power Association strongly supports the Renewable Energy Investment Act introduced by Representatives Earl Blumenauer (D-OR) and Mike Levin (D-CA).  With the right mix of policies in place, clean energy is poised for tremendous … Continue reading American Clean Power Association Statement on Renewable Energy Investment Act

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Iberdrola and MAPFRE create a strategic alliance to invest together in renewable energy in Spain

The joint venture is starting out with 230 MW: 100 MW of operational wind power and 130 MW of photovoltaic under development, and will be adding more green energy projects to reach a portfolio of up to 1,000 MW Agreement between leaders: Iberdrola brings on board a leading national partner to develop its renewable growth … Continue reading Iberdrola and MAPFRE create a strategic alliance to invest together in renewable energy in Spain

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Renewable energy contributed 10% to SA’s grid in 2020

While coal still dominates the South African energy mix, the contribution from variable renewable energy sources, such as solar photovoltaics (PV), wind and concentrated solar power (CSP), surpassed the contribution from nuclear energy for the first time in 2020. This is according to research conducted by the Council for Scientific and Industrial Research (CSIR), published … Continue reading Renewable energy contributed 10% to SA’s grid in 2020

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Enel Green Power wins a contract in third renewables tender

Enel Green Power has just celebrated another success in its role in developing renewable energy plants in Italy to accelerate the nation’s transition to decarbonization.   In recent days, we secured 23.1 megawatt of hydroelectric power concessions in the third Renewable Energies Sources auction organized by GSE, the Italian Energy Services Operator. The auction concerned … Continue reading Enel Green Power wins a contract in third renewables tender

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Engaging the ‘Climate’ Generation in Global Energy Transition

Renewable energy is at the heart of global efforts to secure a sustainable future. Partnering with young people to amplify calls for the global energy transition is an essential part of this endeavour, as they represent a major driver of development, social change, economic growth, innovation and environmental protection. In recent years, young people have … Continue reading Engaging the ‘Climate’ Generation in Global Energy Transition

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Renewable energy capacity is expected to increase by 4% this year

The report, released on Tuesday, is an update to the IEA’s May forecast, which was released when the COVID-19 pandemic was shutting down economies around the world. The updated report provides analysis and forecasts through 2025 on the impact that COVID-19 will have on renewables.MORE: Green cement: Startup aims to solve construction’s carbon emissions problem … Continue reading Renewable energy capacity is expected to increase by 4% this year

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Institutional Capital: Closing the Energy Transformation Investment Gap

The energy transformation is unstoppable. Renewable energy capacity additions have consistently outpaced the growth of traditional forms of energy over much of the last decade and in what has been dubbed the ‘decade of action’ the next 10 years are poised to be even more transformational. They will need to be. To put the world … Continue reading Institutional Capital: Closing the Energy Transformation Investment Gap

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Africa can become a renewable energy superpower

The power of climate science denial in the UK, thankfully, has been in retreat over the past decade. Nigel Lawson’s Global Warming Policy Foundation (GWPF) may still boast a prime Westminster address, but its influence has waned. In fact, its decline aptly mirrors the fortunes of the coal industry, including US titans such as Peabody … Continue reading Africa can become a renewable energy superpower

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Renewable Energy Can Support Resilient and Equitable Recovery

Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, finds the first Global Renewables Outlook released by the International Renewable Energy Agency (IRENA) today. While a pathway to deeper decarbonisation requires total energy investment up to USD … Continue reading Renewable Energy Can Support Resilient and Equitable Recovery

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Renewable Energy in the Time of COVID-19

In a short few weeks, much of the world has been shut down due to the novel coronavirus, COVID-19, which has crossed borders and oceans, rapidly devastating communities and livelihoods. Decisions being taken now to address the social and economic impacts of the crisis come amid profound uncertainty about both the course of the pandemic … Continue reading Renewable Energy in the Time of COVID-19

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HEINEKEN Mexico and Enel Green Power Mexico close a 100% renewable energy agreement

For a decade, the agreement will provide the Dutch firm with 28.8 GWh of solar and wind energy each year, for operations at its beer plant in Meoqui, Chihuahua. The amount is equivalent to planting more than 405,000 trees or avoiding emissions of more than 16,100 tons of CO2 per year In line with its … Continue reading HEINEKEN Mexico and Enel Green Power Mexico close a 100% renewable energy agreement

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IRENA Invites Renewable Energy Developers to Register Projects on Investment Platform

A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the Climate Investment Platform, developed in response to country needs to mobilize low-carbon, climate-resilient investments, now calls renewable energy project developers to … Continue reading IRENA Invites Renewable Energy Developers to Register Projects on Investment Platform

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Renewable energy generation jumped 77 percent during 2010’s

The Business Council for Sustainable Energy released its annual Sustainable Energy in America Factbook today, and the findings are striking—the 2010’s really were the decade renewable energy went mainstream. In fact, renewable energy generation increased by 77 percent between 2010 and 2019, transforming the way we power American homes and businesses. A clean energy transformation … Continue reading Renewable energy generation jumped 77 percent during 2010’s

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African Development Fund approves close to $35 million to the Government of Liberia for renewable energy

The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. At a signing ceremony on 29 January in Monrovia, Dr. Orison Amu, the African Development Bank’s (AfDB.org) Country Manager in Liberia, and Samuel Tweah Jr., Liberia’s Minister of Finance & … Continue reading African Development Fund approves close to $35 million to the Government of Liberia for renewable energy

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Energy Transformation Can Create More than 40m Jobs in Renewable Energy

Renewable energy could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate safe energy path, according to a report published by the Agency during its 10th Assembly. The report finds that total energy sector employment can reach 100 million by 2050, up from around 58 million today should … Continue reading Energy Transformation Can Create More than 40m Jobs in Renewable Energy

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Renewable energy’s share of Germany rose to 46% last year

Renewable energy’s share of Germany’s overall power supply mix rose by 5.4 percentage points last year to 46%, data from Europe’s biggest state-funded research and development service showed.  Europe’s biggest economy is aiming for renewables to provide 65% of its power mix by 2030. It says it will abandon nuclear energy by 2022 and is … Continue reading Renewable energy’s share of Germany rose to 46% last year

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IRENA to Encourage Renewable Energy Ambition at COP25

IRENA will be present at the UN Climate Change Conference (COP25) that takes place in Madrid, Spain from 2 to 13 December 2019. Together with a wide range of partners, through a series of high-level events, panel discussions and initiatives,  IRENA will ensure that renewable energy is at the highest level on the global agenda of … Continue reading IRENA to Encourage Renewable Energy Ambition at COP25

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Building the Next Phase of Growth in Southeast Asia Around Renewable Energy

It is one of the fastest growing and dynamic regions in the world. A global trade hub and a strong example of the benefits of regional cooperation, Southeast Asia promises to emerge as one the most successful economic development stories of the 21st century. To fulfill its full potential however, the region should turn decisively … Continue reading Building the Next Phase of Growth in Southeast Asia Around Renewable Energy

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Corporate sourcing of renewables key to meeting Europe’s 32% renewable energy target

Europe has set a target that 32% of its energy should come from renewables by 2030, up from 17.5% today. Corporates are and can play an even bigger role in meeting this target. Thousands of key corporate buyers – including from the steel, aluminium, ICT, and chemicals industries- and clean energy suppliers, are meeting in … Continue reading Corporate sourcing of renewables key to meeting Europe’s 32% renewable energy target

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