Tag Archives: renewables

IEA report provides a bright outlook for renewables

Global renewable electricity generation is expected to grow by more than a third by 2022, according to the International Energy Agency’s (IEA) Renewables 2017 report released yesterday. It’ll be over 8,000 terawatts hours per year, equal to the total annual power consumption of China, India and Germany combined – and 30% of global power generation, … Continue reading IEA report provides a bright outlook for renewables

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Solar energy leads the charge in another record year for renewables

Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online. This was another record year, largely as a result of booming solar PV deployment in China and around the world, driven by sharp cost reductions and … Continue reading Solar energy leads the charge in another record year for renewables

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Renewables in Vietnam

Vietnam is one of the most efficient power market in Southeast Asia, driven by low-cost resources such as hydro and coal. The country has achieved almost 99 percent electrification with relatively low cost in comparison to neighboring countries, leading it to be a net energy exporter. With energy demand projected to increase by more than … Continue reading Renewables in Vietnam

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Saudi Arabia aims for 10% renewables by 2023

Saudi Arabia intends to produce 10% of its electricity via renewable sources by 2023, the country’s Minister of Energy, Industry and Mineral Resources Khalid Al-Falih confirmed earlier this week. Fittingly, Al-Falih made the statement at the Saudi Arabia Renewable Energy Investment Forum in Riyadh. It will form a major plank in the country’s plans to … Continue reading Saudi Arabia aims for 10% renewables by 2023

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WindEurope joins EU Commission to back European renewables in Algeria

On 24 May, WindEurope joined EU Energy and Climate Commissioner Miguel Arias Cañete and officials at an EU-Algeria Energy Business Forum in Algiers. The EU and Algeria have agreed to increase gas exports to Europe and to work together to expand renewables in the North African country. Algeria is targeting 5GW of wind and 13GW … Continue reading WindEurope joins EU Commission to back European renewables in Algeria

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Renewables to lead world power market growth to 2020

Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA said Friday in an annual market report. Pointing to the great promise renewables hold for affordably mitigating climate change and enhancing energy security, the report warns governments … Continue reading Renewables to lead world power market growth to 2020

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Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables

Enel Green Power has today inaugurated the first power storage facility for renewable energy plants in Italy in Catania, Sicily. The 1MW/2MWh storage system has been connected to EGP’s 10 MWp Catania 1 photovoltaic plant.   The storage system, which is an integral part of Catania 1, will increase flexibility in management of the power … Continue reading Enel Green Power Inaugurates Italy’s First Storage Facility for Renewables

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Department of Energy’s National Renewable Energy Laboratory (NREL) Reveals the Steady Rise of Renewables

The newly released 2013 Renewable Energy Data Book illustrates United States and global energy statistics, including renewable electricity generation, renewable energy development, clean energy investments, and technology-specific data and trends. The Department of Energy’s National Renewable Energy Laboratory (NREL) on Jan. 20 released its latest report on U.S. and global renewable energy. Published annually, NREL’s … Continue reading Department of Energy’s National Renewable Energy Laboratory (NREL) Reveals the Steady Rise of Renewables

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E.ON to focus on renewables

E.ON will focus on renewables, distribution networks, and customer solutions and combine its conventional generation, global energy trading, and exploration and production businesses in a new, independent company (“New Company”), a majority of which will be spun off to E.ON SE shareholders. This new organizational setup is the logical consequence of the new strategy that … Continue reading E.ON to focus on renewables

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Renewables (wind energy and solar power) contribute 27 pct of German electricity consumption in Q1

Renewable energy contributed 27 percent of total electricity consumption in the first quarter of 2014, hitting record as the Europe’s largest economy is on its ambitious path of energy transformation, an energy lobby group said on Friday. The production of electricity from renewable energy sources, such as wind and solar power, reached 40.2 billion kilowatt … Continue reading Renewables (wind energy and solar power) contribute 27 pct of German electricity consumption in Q1

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IEA Releases Report on Iraq’s Energy Resources and Potential

The special report entitled “Iraq Energy Outlook” is part of the IEA’s World Energy Outlook series. Iraq is currently the world’s third largest oil exporter – behind Saudi Arabia and Russia – and the Baghdad government has signed contracts with international and national oil companies which have the potential to boost output well over 12 … Continue reading IEA Releases Report on Iraq’s Energy Resources and Potential

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