The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) are seeking applications to fund renewable energy projects in developing countries through concessionary loans.
Negotiators are facing calls to reach a swift resolution to ongoing talks aimed at establishing a new global trade agreement for environmental goods such as solar cells and modules.
Updated: Major PV energy provider SunPower is to ramp Cogenra Solar’s module technology to 2GW by 2020 and only a further 800MW of its ‘Maxeon’ solar cell technology at its new facility, Fab 5 that it expects to ramp in early 2019.
The International Energy Agency has heralded the beginnings of a global shift to low carbon energy sources, but reiterated earlier calls for bolder action in the pending COP21 climate talks in Paris.
Market research firm IHS has forecasted a slowdown in global solar PV demand growth in 2016 but the market is expected to reach around 65.5GW, compared to 58.7GW forecasted for 2015.
Under plans submitted to combat climate change, renewable energy generation will more than double in eight of the world’s top 10 greenhouse gas (GHG) emitting economies by 2030, while three of those will see their nuclear generation increase tenfold.
