Tag Archives: renewable energy

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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Pakistan Achieving 30% plus 30% Renewable Energy by 2030

The World Wind Energy Association and Global100RE welcome the presence of more than 400 international and domestic participants who attended this Conference from across the spectrum of renewable energy technologies.  We acknowledge and applaud with gratitude the opening address of the President of Pakistan, the Hon. Dr. Arif Alvi, in which he expressed his commitment … Continue reading Pakistan Achieving 30% plus 30% Renewable Energy by 2030

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Chile’s ambitious goals to lead renewable energy

The objective is that by 2050, 70% of the energy consumed in Chile is from sources such as solar thermal, photovoltaic or wind energy, which adds to the announcement of the decarbonization plan. Chile is inspiring the world with a significant expansion of solar energy, faster than any other country on the planet. (The State … Continue reading Chile’s ambitious goals to lead renewable energy

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UN: Global investments in renewable energy exceeded 2.6 trillion dollars in the last decade

4493/5000The capacity of renewable energies worldwide has quadrupled from 2009 to 2019 with a global investment of around 2.6 billion dollars (2.3 billion euros), as revealed by UN Environment on Thursday, highlighting the leadership of solar energy. At the beginning of 2010, renewables – not counting large hydroelectric plants – generated only 4% of the … Continue reading UN: Global investments in renewable energy exceeded 2.6 trillion dollars in the last decade

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IRENA and UN Climate Change Join Forces to Accelerate Renewables as Climate Solution

The International Renewable Energy Agency (IRENA) and UN Climate Change (UNFCCC) are jointly ramping up efforts to fight climate change by promoting the widespread adoption and sustainable use of renewable energy. The new strategic partnership builds on a long history of cooperation that aims to ensure a low-carbon climate-resilient world in line with the Sustainable … Continue reading IRENA and UN Climate Change Join Forces to Accelerate Renewables as Climate Solution

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Enel signs with Angloamerican in chile group’s largest renewable energy supply deal

Enel, through its Chilean subsidiary Enel Generación Chile, and global mining company AngloAmerican signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year to AngloAmerican over a 10-year period, meeting the needs of the mining company’s operations in the country. This agreement is the largest renewable energy … Continue reading Enel signs with Angloamerican in chile group’s largest renewable energy supply deal

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NextEra Energy: U.S. Can Hit 50% Renewable Energy by 2030

If you’re anxious about America’s purported slow response to climate change, then you might want to take a close look at NextEra Energy‘s (NYSE: NEE) June investor presentation. Aside from updated numbers, not much stands out in the 235-slide presentation, which includes the usual colorful graphs and charts communicating the latest monthly results for the … Continue reading NextEra Energy: U.S. Can Hit 50% Renewable Energy by 2030

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Masdar to pursue wind energy and solar power in Armenia

Abu Dhabi’s clean energy company Masdar said it is pursuing renewable energy opportunities in Armenia, a nation with “considerable” potential for solar and wind energy development. Masdar and Armenian National Interests Fund signed an agreement to explore collaboration in solar photovoltaic (PV) energy, onshore wind power and floating solar power, the company said in a … Continue reading Masdar to pursue wind energy and solar power in Armenia

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