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
Continue readingIRENA Urges for More Climate Ambition through Renewables
IRENA presents renewable energy roadmap to address climate change and deliver jobs, economic growth and sustainable development at high-level UN Climate Meeting The tools required to meet the decarbonisation goals of the Paris Agreement exist today, and are technically feasible and economically attractive. This central message is being presented by IRENA at the UN’s Abu … Continue reading IRENA Urges for More Climate Ambition through Renewables
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ENGIE’s renewable energy capacity exceeds 1.5 GW in India
ENGIE was just awarded by Solar Energy Corporation of India (SECI), a 200 MW onshore wind energy project in the state of Gujarat. ENGIE will sign a 25-year power purchase agreement (PPA) with Federal Government entity, SECI. This success follows an earlier award to the Group by Gujarat Urja Vikas Nigam Limited (GUVNL), for a … Continue reading ENGIE’s renewable energy capacity exceeds 1.5 GW in India
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India plans to set up 500 GW of renewable energy capacity by 2030
India would have installed 175 GW of renewable energy capacity by 2022, says secretary, Ministry of New and Renewable Energy. India plans to set up 500 gigawatts (GW) of renewable energy capacity by 2030. This announcement was made by Anand Kumar, secretary, Ministry of New and Renewable Energy on Tuesday at the 17th meeting of … Continue reading India plans to set up 500 GW of renewable energy capacity by 2030
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Renewable energy investment in 2018 hit USD 288.9 billion, far exceeding fossil fuel investment
Global investment in renewable energy hit USD 288.9 billion in 2018, with the amount spent on new capacity far exceeding the financial backing for new fossil fuel power, according to new figures published today. These numbers, produced by BloombergNEF (BNEF), are being published today as part of REN21’s Renewables 2019 Global Status Report. The numbers … Continue reading Renewable energy investment in 2018 hit USD 288.9 billion, far exceeding fossil fuel investment
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11 Million People Employed in Renewable Energy Worldwide in 2018
Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in 2017 . As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables … Continue reading 11 Million People Employed in Renewable Energy Worldwide in 2018
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Renewable energy: the future of power for Vietnam
Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City. Speaking on the sidelines of the conference, Nguyen Tam Tien, CEO of Trung Nam Group, … Continue reading Renewable energy: the future of power for Vietnam
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Pakistan to Set 30% plus 30% Renewable Energy Target by 2030
The new government in Pakistan plans to increase the share of renewable energy in total power generation to 30% by 2030, referring to power from wind energy, solar power, small hydro and biomass. In addition, there is a target of 30% large scale hydropower (more than 50 MW). Currently, the share of renewable energy stands … Continue reading Pakistan to Set 30% plus 30% Renewable Energy Target by 2030
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Renewable energy capacity reached 2,351GW by the end of last year
IRENA’s annual Renewable Capacity Statistics 2019, the most comprehensive, up-to-date and accessible figures on renewable energy capacity indicates growth in all regions of the world, although at varying speeds. Renewables now account for a third of all power capacity installed around the world. That’s according to new data released by the International Renewable Energy Agency … Continue reading Renewable energy capacity reached 2,351GW by the end of last year
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Oman targets 30% renewable energy share by 2030
In a bid to diversify its energy sources, Oman has set an ambitious goal of covering 30 per cent of its electricity demand with renewable energy projects by 2030. With the launch of several major renewable energy projects in the sultanate, Oman Power and Water Procurement Co (OPWP) expects solar energy, wind power and waste … Continue reading Oman targets 30% renewable energy share by 2030
Continue readingRenewable energy provided 17.6% of electricity generation in the United States in 2018
Renewable energy provided 17.6% of electricity generation in the United States in 2018, according to the U.S. Energy Information Administration. Renewable generation (wind energy, photovoltaica and concentrated solar power) provided a record of 742 million megawatt-hours of electricity in 2018, nearly twice as much as the 382 million megawatt-hours produced in 2008. Nearly 90% of … Continue reading Renewable energy provided 17.6% of electricity generation in the United States in 2018
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Auction of solar power and wind energy in Colombia allocates 1,398 MW of renewable energy
The auction assigned responsibilities to six wind power projects for 1,160 megawatts, located in La Guajira, and two solar generation projects for 238 megawatts, in the department of Cesar. “Today I want to tell you that the renewable energy revolution started in Colombia, because last night we closed the reliability auction and investments and projects … Continue reading Auction of solar power and wind energy in Colombia allocates 1,398 MW of renewable energy
Continue readingColombia’s first non-conventional renewable energy tender
Despite the recognition that there is a solid pipeline of wind energy and solar power projects ready to start up a competitive renewable energy market, the Colombian authorities couldn’t award contracts in the first tender round to any of power projects that were entered. This was due to a technical issue that the bidding offers … Continue reading Colombia’s first non-conventional renewable energy tender
Continue readingWind energy could supply over 20% of total global electricity by 2030
The Global renewable energy market valued approximately USD 1,486.3 billion in 2017 is anticipated to grow with a healthy growth rate of more than 4.90 % over the forecast period 2018-2025. Government funding and continuous technological advancements are considered among the major trends for the renewable energy market. Additionally, rising awareness about carbon footprint management … Continue reading Wind energy could supply over 20% of total global electricity by 2030
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Kathu Concentrated Solar Power (South Africa) constructed by Acciona and SENER came into commercial on 30 January
With an installed capacity of 100 MW, the Kathu Concentrated Solar Power will allow clean energy to be supplied to 179,000 homes in the Northern Cape region (northern South Africa) and prevent the emission of six million tonnes of CO2 into the atmosphere over the next 20 years. The Kathu Concentrated Solar Power plant incorporates … Continue reading Kathu Concentrated Solar Power (South Africa) constructed by Acciona and SENER came into commercial on 30 January
Continue readingENGIE starts operations of Kathu, a 100 MW Concentrated Solar Plant and one of South Africa’s largest renewable energy projects
ENGIE (www.Engie.com) is pleased to announce that commercial operation was achieved on 30 January 2019 for the 100 MW Kathu Solar Park in South Africa. This state of the art plant is a greenfield Concentrated Solar Power (CSP) project with parabolic trough technology and equipped with a molten salt storage system that allows for 4.5 … Continue reading ENGIE starts operations of Kathu, a 100 MW Concentrated Solar Plant and one of South Africa’s largest renewable energy projects
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