Saudi Arabia, the world’s largest oil exporter, has been taking significant steps to diversify its energy market and prepare for a future less dependent on fossil fuels. As the global demand for renewable energy sources grows and the need to reduce greenhouse gas emissions becomes more urgent, the Kingdom has been making strategic investments in … Continue reading Wind power and solar energy, the energy future of Saudi Arabia
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The EIB grants a loan of 575 million euros to Repsol for wind and solar energy in Spain
The financing signed today amounts to 400 million euros and is the first tranche of the total approved loan, which will be used to finance wind farms and photovoltaic plants with a total capacity of 1.1 GW. It contributes to the goal of the REPowerEU plan to increase energy security by reducing the European Union’s … Continue reading The EIB grants a loan of 575 million euros to Repsol for wind and solar energy in Spain
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Solar and Wind to Generate a Third of Global Electricity by 2030
Solar and wind power generation is expected to triple by 2030, according to a report by the Rocky Mountain Institute. This significant growth is set to disrupt the global electricity sector and presents a promising opportunity for renewable energy investors. “The fossil fuel era is over,” states the report published by RMI. It predicts that … Continue reading Solar and Wind to Generate a Third of Global Electricity by 2030
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675 million people without electricity, 2.3 billion people reliant on harmful cooking fuels
A new report by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO), released today, finds that the world is not on track to achieve the Sustainable Development Goal (SDG) 7 for energy by 2030. This year marks … Continue reading 675 million people without electricity, 2.3 billion people reliant on harmful cooking fuels
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Avangrid strengthens support for energy innovation by extending collaboration with Yale
AVANGRID will support research projects focused on solar energy, battery storage, EVs, or other topics related to the clean energy transition. AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. … Continue reading Avangrid strengthens support for energy innovation by extending collaboration with Yale
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Kronos Solar EDPR begins construction of its first two projects in The Netherlands
Kronos Solar EDPR, a solar developer company based in Germany that is majority owned by EDPR, has started the construction of two photovoltaic projects in The Netherlands. These are EDP Renewables’ first projects in The Netherlands and also one of the first projects through Kronos Solar. Both located in Berkelland Municipality, in the centre-east province … Continue reading Kronos Solar EDPR begins construction of its first two projects in The Netherlands
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DNV expands solar forecasting expertise with the acquisition of solar data specialist Solcast
DNV has acquired global solar irradiance data and forecasting provider Solcast to further expand DNV’s offering to solar energy customers with digital and data-driven services that help maximize the value of solar power plants globally. DNV’s Energy Transition Outlook (ETO) forecasts that by 2050 electricity production will more than double and 30% of all electricity will come … Continue reading DNV expands solar forecasting expertise with the acquisition of solar data specialist Solcast
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Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a new report from the World Health Organization (WHO), the World Bank, the International Renewable Energy Agency (IRENA), and Sustainable Energy for All (SEforAll). Access to electricity is critical for quality … Continue reading Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
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Renewables Can Provide Nearly 60 Per Cent of Nigeria’s Energy Demand by 2050
Nearly 60 per cent of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40 per cent in natural gas and 65 per cent in oil needs at the same time, according to a new report by the International Renewable Energy Agency (IRENA). With a growing population and a range of … Continue reading Renewables Can Provide Nearly 60 Per Cent of Nigeria’s Energy Demand by 2050
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IRENA’s Top Ten News Pieces in 2022 Showcase Work on Global Energy Transition
Throughout the year, IRENA brings you the latest news on progress, impacts and solutions for the energy transition. Here are our top ten news pieces of 2022. Renewable Power Remains Cost Competitive amid Fossil Fuel Crisis The Renewable Power Generation Costs report shows almost two-thirds of renewable power added in 2021 had lower costs than … Continue reading IRENA’s Top Ten News Pieces in 2022 Showcase Work on Global Energy Transition
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Enel announces intentions to build solar PV cell & panel manufacturing facility in U.S.
Enel North America intends to build one of the largest solar photovoltaic (PV) manufacturing facilities in the US, expected to initially produce at least 3 GW and scale up to 6 GW of high-performance bifacial PV modules and cells annually. The proposed facility will be among the first in the United States to produce PV … Continue reading Enel announces intentions to build solar PV cell & panel manufacturing facility in U.S.
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New Report Warns World of Huge Untapped Renewable Energy Potential
Renewables are the backbone of the energy transition and a viable climate solution. Yet out of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), only 143 have quantified targets with the vast majority focusing on the power sector. Only 12 countries had committed to a percentage … Continue reading New Report Warns World of Huge Untapped Renewable Energy Potential
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The Future of Solar Energy: what’s in Store
As the world becomes increasingly aware of the dangers posed by climate change, an increasing number of people are looking for ways to reduce their carbon footprint. One of the most promising and environmentally-friendly sources of energy is solar power. In this article, we will take a look at five impressive projects that have made … Continue reading The Future of Solar Energy: what’s in Store
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Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
Jane Jamila Nakasamu is on a mission to bring clean energy solutions to the rural communities in Zambia. The 26-year-old has been working tirelessly in promoting bioenergy as an alternative to charcoal and firewood in lower-income families, to increase access to clean cooking. “We work closely with women in these communities to enable a mindset … Continue reading Women Entrepreneurs Invited to Be in the Vanguard of Africa’s Energy Transition
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Diversify the production of solar panels
A new report by the International Energy Agency (IEA) calls for the diversification of the solar energy supply chain, which is currently concentrated in Asia, and an increase in production in other countries – as EGP is doing in Catania – in order to meet decarbonization targets in time. Over the last ten years, the … Continue reading Diversify the production of solar panels
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ASEAN Can Cover Two-Thirds of Energy Demand with Renewables
Southeast Asian countries can meet their growing energy demand with renewables and cut 75% of their energy-related CO2 emissions by 2050, half of the emissions compared to today. Released by the International Renewable Energy Agency (IRENA) during the ASEAN Energy Ministerial, the 2nd edition of the Renewable Energy Outlook for ASEAN: Towards a regional energy … Continue reading ASEAN Can Cover Two-Thirds of Energy Demand with Renewables
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Solar energy – harnessing the power of the sun
Solar power is a cheap, clean, modular and flexible energy source. It is currently one of the cheapest renewable energies on the market and the most accessible one for European households. In 2020, 5.2% of the EU’s total electricity production came from solar energy. Based on current market trends, it has the potential to meet … Continue reading Solar energy – harnessing the power of the sun
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Inauguration of the world’s first photovoltaic solar power plant with graphene panels
Graphene solar panels can be more efficient and can be manufactured in a two-dimensional (2D) format. Developed by scientists from the University of Rome Tor Vergata, Italy, in collaboration with researchers from the Hellenic University of the Mediterranean, Greece, this new technology was installed on the island of Crete and interconnected, forming the first solar … Continue reading Inauguration of the world’s first photovoltaic solar power plant with graphene panels
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What Is Concentrated Solar Power?
What exactly is concentrated solar-thermal power (CSP) and how does it work? Mirrors are used in CSP technologies to reflect and concentrate sunlight onto a receiver. In the receiver, the energy from concentrated sunlight heats a high-temperature fluid. This heat, also known as thermal energy, can be used to generate electricity by spinning a turbine … Continue reading What Is Concentrated Solar Power?
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RWE and SolarDuck accelerate technology development and commercialisation of offshore floating solar at scale
RWE and the Dutch-Norwegian company SolarDuck signed a collaboration agreement to develop the use of floating solar parks at sea. To accelerate the learnings on SolarDuck’s floating solar technology, RWE will invest in a first offshore pilot in the North Sea. The project is a first step in the collaboration and lays the foundation for … Continue reading RWE and SolarDuck accelerate technology development and commercialisation of offshore floating solar at scale
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