Spain’s 500MW wind power auction last week was too small to satisfy demand and the country risks missing its 2020 target for renewables. The auction is Spain’s first under the new support scheme for renewable energy projects since the government implemented a series of harsh retroactive cutbacks to the country’s feed-in tariff in 2013. A … Continue reading Spain’s 500 MW wind energy auction inadequate
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Increasing World’s Share of Renewable Energy Would Boost Global GDP up to $1.3 Trillion
Achieving a 36 per cent share of renewable energy in the global energy mix by 2030 would increase global gross domestic product (GDP) by up to 1.1 per cent, roughly USD 1.3 trillion, according to new analysis by IRENA. Renewable Energy Benefits: Measuring the Economics, released today at IRENA’s sixth Assembly, provides the first global … Continue reading Increasing World’s Share of Renewable Energy Would Boost Global GDP up to $1.3 Trillion
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Clean Energy defies fossil fuel price crash to attract record $329bn global investment in 2015
Clean energy investment surged in China, Africa, the US, Latin America and India in 2015, driving the world total to its highest ever figure, of $329.3bn, up 4% from 2014’s revised $315.9bn and beating the previous record, set in 2011 by 3%. The latest figures from Bloomberg New Energy Finance show dollar investment globally growing … Continue reading Clean Energy defies fossil fuel price crash to attract record $329bn global investment in 2015
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China pushed renewable energy installed capacity beyond 900 gigawatts in 2015
China was the world’s leading market across a number of renewable energy technologies in 2015 and helped to drive global renewable installed capacity to an estimated 913.48 Gigawatts (GW), says research and consulting firm GlobalData. The company’s latest report* states that China led the world for annual capacity additions in solar, biopower, small hydropower and … Continue reading China pushed renewable energy installed capacity beyond 900 gigawatts in 2015
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Under current plans, non-hydro renewable energy will be fastest growing power source in the US
Non-hydro renewable energy will be the fastest-growing power source in the US over the next decade, with installed capacity to increase from 121.9 Gigawatts (GW) in 2015 to 216 GW in 2025, representing a Compound Annual Growth Rate (CAGR) of 5.9% between 2015 and 2025, says research and consulting firm GlobalData. According to the company’s … Continue reading Under current plans, non-hydro renewable energy will be fastest growing power source in the US
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Google doubles down on renewable energy
Clearly, renewable energy works for Google. The internet search company recently announced it’s going to nearly double the amount of clean electricity it uses to power its data centers, committing to purchase an additional 842 megawatts (MW). Google has now procured nearly two gigawatts (GW) of renewable energy, more than halfway to its goal of … Continue reading Google doubles down on renewable energy
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India adds 2,311 MW renewable energy capacity in FY16
A total of 2,311.88 Mw of grid-connected power generation capacity from renewable energy sources like solar and wind has been added, so far, this fiscal in the country. The government has set a target of 4,460 Mw of power generation capacity addition this fiscal from renewable energy sources, including solar, wind and small-hydro. During the … Continue reading India adds 2,311 MW renewable energy capacity in FY16
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Over 25% of Brazil’s total power capacity will come from non-hydro renewable sources by 2025
Brazil’s non-hydro renewable power sector is expected to account for more than 25% of Brazil’s total capacity by 2025, with non-hydro renewables’ cumulative installed capacity more than tripling from 17.1 Gigawatts (GW) in 2014 to an estimated 57.8 GW by 2025, says research and consulting firm GlobalData. The company’s report* states that this substantial growth … Continue reading Over 25% of Brazil’s total power capacity will come from non-hydro renewable sources by 2025
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139 Countries Could Get All of their Power from Renewable Energy Sources
Mark Z. Jacobson and Mark Delucchi have done it again. This time they’ve spelled out how 139 countries can each generate all the energy needed for homes, businesses, industry, transportation, agriculture—everything—from wind, solar and water power technologies, by 2050. Their national blueprints, released Nov. 18, follow similar plans they have published in the past few … Continue reading 139 Countries Could Get All of their Power from Renewable Energy Sources
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Turkey driving renewable energy growth in the MENAT region
Turkey is fast emerging as the MENAT region’s largest producer of renewable energy. Out of the 14.6 GW of new renewable power generation capacity installed in the Middle East, North Africa and Turkey between 2010 and 2014, three quarters of it was in Turkey. Excepting recent headwinds, the Turkish economy has rapidly expanded since 2010 … Continue reading Turkey driving renewable energy growth in the MENAT region
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Rwanda’s renewable energy plans endorsed by Climate Investment Funds
Rwanda is committed to providing electricity access to 70% of the population by 2018 – up from only 23% this year – through a wide range of renewable resources Rwanda and the Climate Investment Funds (http://www-cif.ClimateInvestmentFunds.org) are today celebrating the endorsement of that country’s renewable energy investment plans under the CIF’S dedicated fund for Scaling … Continue reading Rwanda’s renewable energy plans endorsed by Climate Investment Funds
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Anti-renewable energy group produces error-ridden report
Real-world data shows wind energy supplies diverse, far-reaching benefits for consumers and communities across the United States. It offers an affordable, reliable solution that diversifies our energy mix while eliminating many forms of harmful pollution. Wind’s costs have fallen 66% over the last two years, and wind power supports over 73,000 well-paying American jobs. Growing … Continue reading Anti-renewable energy group produces error-ridden report
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Poland can increase renewable energy nearly five-fold by 2030
Poland can increase its share of renewable energy in power generation from seven per cent in 2010 to nearly 38 per cent by 2030, according to a report released today by the International Renewable Energy Agency (IRENA). REmap 2030 Renewable Energy Prospects for Poland, prepared with input from the Polish Ministry of Economy, also finds … Continue reading Poland can increase renewable energy nearly five-fold by 2030
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Cuba to increase renewable energy use by 2030
Cuba is working to increase by six times the use of renewable energy in the national energy matrix by 2030 by among others constructing 13 large wind energy farms capable of producing 633 megawatts. During the Ministry of Energy and Mines national conference on science, technology and innovation taking place in Cojimar, Havana, the ministry’s … Continue reading Cuba to increase renewable energy use by 2030
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International renewable energy developers look to invest in Sub-Saharan Africa
International renewable energy (RE) power developers are looking to invest in Africa as a result of the continued success of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and the global decline in RE technology costs. RE suppliers are more specifically looking to explore opportunities in sub-Saharan Africa due to the surplus … Continue reading International renewable energy developers look to invest in Sub-Saharan Africa
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Gamesa and the government of Bahía (Brazil) have signed a collaboration agreement designed to drive regional innovation in renewable energy
The parties will work together to develop projects which foster skill transfer and scientific and technological development in wind power. Among these projects, the creation of a unit of Gamesa University, which will train over 200 wind farm operators a year, stands out. Gamesa, a global technology leader in wind energy, and the government of … Continue reading Gamesa and the government of Bahía (Brazil) have signed a collaboration agreement designed to drive regional innovation in renewable energy
Continue readingThe Americas stand out in solid Q3 for clean energy investment
Worldwide investment in renewable energy and energy-smart technologies totalled $70bn in the third quarter of 2015, just 1% below the equivalent figure a year earlier, according to the latest authoritative data from Bloomberg New Energy Finance. The largest projects to be financed in Q3 this year included solar thermal electricity generation, or CSP, plants … Continue reading The Americas stand out in solid Q3 for clean energy investment
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South Africa on way to 30 pct renewable energy by 2025
South Africa has rapidly become a world player in renewable energy and is well on its way to achieving the government’s goal of 30 percent clean energy by 2025, the Department of Energy (DOE) said on Tuesday. In a report, the department cited an independent study by the Council for Scientific and Industrial Research … Continue reading South Africa on way to 30 pct renewable energy by 2025
Continue readingNew IRENA guide helps countries integrate larger share of renewable energy
A new report from the International Renewable Energy Agency (IRENA) aims to assist countries in their transition to renewable energy-based power systems. The Age of Renewable Power, released today on the sidelines of the Innovation for Cool Earth Forum in Tokyo, identifies 20 measures that can be taken to support the development of national roadmaps … Continue reading New IRENA guide helps countries integrate larger share of renewable energy
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Low-cost wind energy can play key role in California’s renewable energy future
Today, California Jerry Brown signed landmark legislation to get 50 percent of the state’s electricity from zero-carbon renewable sources within 15 years. American wind power applauded the governor and the bill’s author, Senate leader Kevin De Leon, saying wind can help California meet these goals cost-effectively and reliably. Not only will wind help protect … Continue reading Low-cost wind energy can play key role in California’s renewable energy future
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