The sting of the newly confirmed dive in large-scale renewable energy investment that hit Australia in 2019 could be soothed somewhat with a record number of new solar and wind farms forecast to be completed in 2020. Industry statistician Rystad Energy on Tuesday said it expected utility wind and solar projects totaling 3.6GW of capacity … Continue reading Australia to add 3.6 GW of new solar and wind energy to grid in 2020
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Could renewable energy, wind energy, concentrated solar power and PV, overcome coal in China?
In September of last year Oilprice reported an incredible milestone for renewable energy when solar and wind power became cheaper than coal in most of the world. Now, a new report released this week by Wood Mackenzie Power and Renewables has heralded another milestone: China will soon be added to that list of countries in … Continue reading Could renewable energy, wind energy, concentrated solar power and PV, overcome coal in China?
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Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives
Renewable energy has advanced since 2010 to the centre ground of global energy and development policy. Renewables have become the world’s primary source of new power capacity, outpacing all other forms of new generation put together. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts … Continue reading Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives
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75% of Brazil’s new power comes from hydroelectric, wind energy and solar power
In 2019, Brazil added 7,246 gigawatts (GW) of installed electricity generation capacity, closing the year with a total 170,071 GW, of which more than 75% come from renewable energy (hydroelectric, wind power and solar). The increase exceeded the target for the year of 5,781 GW, set by the National Electric Power Agency (Aneel). In Ceará, … Continue reading 75% of Brazil’s new power comes from hydroelectric, wind energy and solar power
Continue readingWind power and solar energy will reduce 97% of water consumption in electricity generation
In addition to its key role in the decarbonization of the global electricity sector, wind power, solar thermal and photovoltaic would also help reduce its water consumption by up to 97%. This is the result of a study conducted by a team of researchers from the Technological University of Lappeenranta in Finland and published in … Continue reading Wind power and solar energy will reduce 97% of water consumption in electricity generation
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EDP Renováveis secures a PPA for a new solar power project in Brazil
EDP Renováveis, S.A. (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renováveis Brasil, S.A. (“EDPR Brasil”), secured a 19-year private Power Purchase Agreement (“PPA”) to sell the energy to be produced by Lagoa solar power plant. Lagoa solar power plant, located … Continue reading EDP Renováveis secures a PPA for a new solar power project in Brazil
Continue readingDouble the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives
The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from … Continue reading Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives
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ADFD confirmed the allocation of USD 105 million for eight renewable energy projects
The Abu Dhabi Fund for Development (ADFD) today confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The announcement marks a record level of funding for any cycle since the facility was launched and will provide funding for projects … Continue reading ADFD confirmed the allocation of USD 105 million for eight renewable energy projects
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Indian Railways to source 1,000 MW solar, 200 MW wind power by 2021-22
The Indian Railways has planned to procure around 1,000 MW solar power and 200 MW wind power by 2021-22 across zonal railways and production units. Of the total, 500 MW solar plants are to be installed on the rooftop of railway buildings which will be used to meet non-traction loads at railway stations. Another, 500 … Continue reading Indian Railways to source 1,000 MW solar, 200 MW wind power by 2021-22
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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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Will California’s renewable energy drive be Trumped?
California has been leading the shift to renewables in the US, passing laws to encourage renewable energy production and discourage oil and gas exploration. The state’s efforts to develop its renewable energy sector has paved the way for similar legislature throughout the country, which could go a long way in mitigating the US’s considerable carbon … Continue reading Will California’s renewable energy drive be Trumped?
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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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Chile closes coal plants and bets on wind energy and solar power
Chile will have the first concentrated solar power plant in Latin America (cerro Dominador) and for years it has been promoting the use of wind energy. On the last day of the year 2019, the company Enel Generación Chile carried out the disconnection and cessation of operations of the Tarapacá Plant, which it planned to … Continue reading Chile closes coal plants and bets on wind energy and solar power
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India will have 60 GW of wind power in 2022
The government has set the goal of installing 175 GW of renewable energy capacity by 2022, which includes 100 GW of solar energy, 60 GW of wind power, 10 GW of biomass and 5 GW of small hydroelectric projects. India’s renewable energy (RE) capacity had crossed 84 gigawatt (GW) mark by the end of November … Continue reading India will have 60 GW of wind power in 2022
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Enel Green Power Spain connects 879 MW of wind energy and solar
Enel Green Power España, the renewable energy subsidiary of Endesa, thus fulfills the milestone of connecting to the network, before December 31, 2019, of the 339 MW of solar energy and the 540 MW of wind energy that was awarded in the second and third auction launched by the Government for the construction of renewable … Continue reading Enel Green Power Spain connects 879 MW of wind energy and solar
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India set to cross 100 GW wind energy and solar power in 2020
India is set to cross the 100-Gw renewable energy capacity mark in 2020 and can make rapid strides towards the ambitious 175 Gw clean energy target by 2022 provided the government keeps a close eye on key issues and deals with those well in time. The government, however, needs to promote storage to ensure 24×7 … Continue reading India set to cross 100 GW wind energy and solar power in 2020
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Wind energy advances in Dominican Republic
From 2016 the Dominican Republic began a different process of generating electricity, since this year is when new sources of electricity generation dependent on renewable natural resources begin to join the National Interconnected Electricity System (SENI), as ordered by objective number seven of the Sustainable Development Goals (SDGs), which seeks to ensure affordable, safe, sustainable … Continue reading Wind energy advances in Dominican Republic
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Zimbabwe is endowed with abundant renewable energy resources largely untapped
Zimbabwe is endowed with abundant renewable energy resources such as solar and hydropower near natural landmarks such as Victoria Falls—not to mention biomass, geothermal, and wind energy—that present a major opportunity for investment. But these resources have remained largely untapped. Since his appointment in May, Zimbabwe’s energy and power development minister, Fortune Chasi, has frantically … Continue reading Zimbabwe is endowed with abundant renewable energy resources largely untapped
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100% Wind power, Water, & Solar Energy Can & Should Be The Goal, Costs Less
The message from the COP 25 conference in Spain is that the world must rapidly decarbonize or face an existential crisis. No fooling. We have to slash carbon emissions by 55% over the next 10 years or we are all dead ducks. That includes the billionaires who frolic in Davos as well as the migrants … Continue reading 100% Wind power, Water, & Solar Energy Can & Should Be The Goal, Costs Less
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Iberdrola to put $500m into Australian wind energy and solar farm
Iberdrola predicts renewables will take ‘much more relevant position’ in Australia in coming years – and hopes to develop further projects. Iberdrola’s head of renewables, Xabier Viteri, said that in the new year the company would also probably increase its target for renewable energy from the “ambitious” target of 10GW by 2022. “Our ambition is … Continue reading Iberdrola to put $500m into Australian wind energy and solar farm
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