Europe’s leaders have called on the European Investment Bank (EIB) to investigate how to speed up investment in the energy transition to reduce the risk of future energy price crises.
Calling for a three-fold increase in renewables investment in the next decade, the International Energy Agency’s (IEA) latest edition of its World Energy Outlook, published today, has been largely welcomed by analysts and industry observers, who are urging world leaders to respond accordingly at the COP26 Climate Change Conference.
While solar PV and wind deployment will far outstrip additions from other electricity sources over the next decade, clean energy progress is still lagging behind what is needed to put global emissions into sustained decline towards net zero, the International Energy Agency (IEA) has warned.
The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned.
Access to off-grid electricity should be seen as a key mechanism to drive rural development and improve economic wellbeing and living standards in Sub-Saharan Africa (SSA), according to a new report by University College London’s (UCL) Engineering for International Development Centre and off-grid, pay-as-you go solar company BBOXX.
New York’s governor has proposed an expansion of the NY-Sun distributed solar incentive programme and revealed plans for two transmission projects that will transport renewable energy to New York City to help the state reach 70% renewable electricity by 2030.
Vistra Energy has welcomed the enactment of clean energy policies in Illinois which the power generation company said will support 300MW of solar and 150MW of battery storage to be built at nine of its coal plant sites.
Record-breaking power prices across Europe have turned the spotlight on the role fossil fuel plants play in generating electricity and how the transition to renewables-plus-storage could lower consumer bills.
Following the release of the US Department’s Solar Futures Study, Liam Stoker assesses the downstream and upstream trends that must be realised for US solar to fulfil its potential.
