Vaccine approvals are paving the way for an eventual end to the pandemic. While there is light at the end of the tunnel, recovery from the economic devastation left by COVID-19 will be one of the greatest challenges Washington policymakers have ever faced. Our country will need to support jobs for hundreds of thousands of … Continue reading Job creation and wind energy go hand in hand in post-pandemic recovery
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Aligning Recovery with Climate Efforts in Latin America and the Caribbean
Renewable energy is a central part of national climate pledges under the Paris Agreement. Nationally Determined Contributions (NDCs) set out the steps that countries intend to take to keep the rise in global average temperature to well below 2°C. However, current national plans, as far as they set renewable power targets, lack ambition compared to … Continue reading Aligning Recovery with Climate Efforts in Latin America and the Caribbean
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IRENA Offers El Salvador a Strategic Action Plan To Drive Energy Transformation
Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations by the International Renewable Energy Agency (IRENA). ‘Renewables Readiness Assessment: El Salvador’ identifies challenges for renewable … Continue reading IRENA Offers El Salvador a Strategic Action Plan To Drive Energy Transformation
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EDP Renováveis wins 5 220 MW wind power and solar energy projects in an auction in Poland
As of today, EDPR has secured 87% of the ~7.0 GW targeted wind energy and solar global capacity build-out for the 2019-2022 period. EDP Renewables (Euronext: EDPR) — a global leader in the renewable energy field and the world’s third-largest wind energy producer — was awarded a 15-year Contract-for-Difference (“CfD”) at the Polish renewable energy … Continue reading EDP Renováveis wins 5 220 MW wind power and solar energy projects in an auction in Poland
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Enel Green Power starts construction of 1.3 GW of new solar and wind energy in Brazil
The wind farms Lagoa dos Ventos III (396 MW), Morro do Chapéu Sul II (353 MW), Cumaru (206 MW) and Fontes dos Ventos II (99 MW), as well as the São Gonçalo III (256 MW) solar plant will be mainly supported by power supply contracts in the Brazilian free energy market.The Enel Group is investing … Continue reading Enel Green Power starts construction of 1.3 GW of new solar and wind energy in Brazil
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China will bring total installed wind energy and solar power capacity to more than 1.2 billion kilowatts by 2030
Chinese President Xi Jinping said on Saturday that China will bring its total installed wind power and solar energy capacity to more than 1.2 billion kilowatts by 2030. Xi made the announcement while delivering a speech at the Climate Ambition Summit via video link. China is now committing to reduce its emissions per unit of … Continue reading China will bring total installed wind energy and solar power capacity to more than 1.2 billion kilowatts by 2030
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AMERICAN CLEAN POWER ASSOCIATION NAMES HEATHER ZICHAL AS NEW CEO
The American Clean Power Association (ACP) today announced that it has named Heather Zichal as the organization’s first Chief Executive Officer. The new multi-technology renewable energy industry trade group, which formally launches on January 1, 2021, represents solar, storage, wind and transmission companies, along with manufacturers and construction companies, developers and owners/operators, utilities, financial firms … Continue reading AMERICAN CLEAN POWER ASSOCIATION NAMES HEATHER ZICHAL AS NEW CEO
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ENGIE announces 650 MW of renewable energy offtake contracts with Amazon
ENGIE announces several energy offtake contracts with Amazon for a global renewable energy portfolio of wind and solar projects across the United States, Italy and France totaling 650 MW. These Corporate Power Purchase Agreements (PPAs) will exclusively rely upon renewable energy production facilities developed by ENGIE. For ENGIE, this operation is the largest portfolio of … Continue reading ENGIE announces 650 MW of renewable energy offtake contracts with Amazon
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Green Fund Power List 2020 ranks the fund managers shaping the energy transition
Renewable energy has proven a particularly resilient asset class throughout the Covid-19 pandemic, with the exit from this crisis increasingly defined by demands for a green recovery and greater focus on ESG commitments. However, this does not mean that 2020 has elicited an easily navigable environment for renewable energy investors – with regional shifts in … Continue reading Green Fund Power List 2020 ranks the fund managers shaping the energy transition
Continue readingAcciona to supply wind energy and solar to Amazon in the US
Amazon and ACCIONA announced today two different agreements to cooperate in reaching decarbonization goals and accelerating innovation. ACCIONA will provide clean energy to Amazon in the United States with the electrical production corresponding to 641MW, helping meet Amazon’s company-wide goal to use 100% renewable energy by 2030 and achieve net zero carbon emissions by 2040. … Continue reading Acciona to supply wind energy and solar to Amazon in the US
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IRENA and African Development Bank Partner to Scale up Renewables Investments in Africa
“The Bank’s partnership with IRENA will support Africa’s energy transition and our goal to achieve universal access to affordable, reliable, sustainable and modern energy in Africa by 2030.” – Bank VP Kevin Kariuki “This agreement represents the type of coordinated international cooperation that is the cornerstone of the realisation of sustainable development in Africa and … Continue reading IRENA and African Development Bank Partner to Scale up Renewables Investments in Africa
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EDF Renewables commissions a new solar farm with storage in French Guiana
EDF Renewables, a leading player in wind and solar energies in France, is announcing the commissioning of Toucan 2, a 5 MW photovoltaic power plant equipped with a smart storage system.This new power plant represents another step forward for the energy transition underway in the territory and will help French Guiana meet its goal of … Continue reading EDF Renewables commissions a new solar farm with storage in French Guiana
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IRENA and Pacific Community Announce Joint Efforts to Boost Recovery
The International Renewable Energy Agency (IRENA) and the Pacific Community (SPC) will work together to support Pacific island countries transition their energy systems to renewable energy sources as part of a drive support the post-pandemic recovery. With around 64 per cent of Pacific island residents living without access to reliable energy, and much of the … Continue reading IRENA and Pacific Community Announce Joint Efforts to Boost Recovery
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EDPR secures a 74 MW solar project in the U.S. with a PPA
With this new agreement, EDPR has now secured 87% of the ~7.0 GW targeted wind energy and solar global capacity build-out for 2019-2022 period. EDP Renováveis, SA (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its fully owned subsidiary EDP Renewables North America LLC, … Continue reading EDPR secures a 74 MW solar project in the U.S. with a PPA
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EDP Renewables signs 63 MW PPA with Novartis
EDP Renewables, SA (“EDPR”), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renovables España S.L.U., has secured a 15-year Power Purchase Agreement (“PPA”) with Novartis, a global medicines company, to sell electricity to be produced by a portfolio of 63 MW of … Continue reading EDP Renewables signs 63 MW PPA with Novartis
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ACWA Power consortium wins Red Sea Project utilities deal
The Red Sea Development Company (TRSDC) has awarded its highest-value contract to date to a consortium led by ACWA Power to design, build, operate and transfer The Red Sea Project’s utilities infrastructure. The contract, procured as an independent public-private partnership (PPP), will cover the design, construction and operation of the systems providing utilities, accompanied by … Continue reading ACWA Power consortium wins Red Sea Project utilities deal
Continue readingRenewable energy capacity is expected to increase by 4% this year
The report, released on Tuesday, is an update to the IEA’s May forecast, which was released when the COVID-19 pandemic was shutting down economies around the world. The updated report provides analysis and forecasts through 2025 on the impact that COVID-19 will have on renewables.MORE: Green cement: Startup aims to solve construction’s carbon emissions problem … Continue reading Renewable energy capacity is expected to increase by 4% this year
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IRENA drives UN Climate Action Pathway on Energy
2020 was meant to be the “year of climate action,” with more ambitious national climate plans due under the Paris Agreement. While 2020 has so far brought loss and uncertainty with the COVID-19 pandemic being the most urgent threat today, it cannot be forgotten that climate change remains the biggest long-term threat to humanity and … Continue reading IRENA drives UN Climate Action Pathway on Energy
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Triple investment in wind energy, solar thermal and photovoltaic energy to reach the climate goal
Global renewable energy investment increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI).” The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative USD 1.8 trillion were … Continue reading Triple investment in wind energy, solar thermal and photovoltaic energy to reach the climate goal
Continue readingIRENA Council Meets as Agency Renews Call for Recovery Built around Energy Transformation
Representatives from across the world will participate in the 19th and 20th Council of the International Renewable Energy Agency (IRENA) this week, amid a backdrop of renewed calls from the Agency to build the post-Covid economic recovery around the energy transformation. Burkina Faso Energy Minister H.E. Bachir Ismael Ouedraogo, will serve as Chair for the … Continue reading IRENA Council Meets as Agency Renews Call for Recovery Built around Energy Transformation
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