The Global Solar Council (GSC) and the Global Wind Energy Council (GWEC) have teamed up to push governments to implement more ambitious energy transition action plans, concluding current policies to be insufficient meet 2030 and net zero targets.
South Africa’s latest renewables procurement window, the Renewable Energy IPP Procurement Programme (REIPPPP), has awarded solar independent power producers (IPPs) 1GW out of a total of 2.6GW of capacity
Off-grid, pay-as-you go solar company BBOXX has expanded into Nigeria, the company’s largest market to date, with the aim of providing clean energy access to 20 million people over the next decade
South African public utility Eskom has signed a Memorandum of Understanding (MOU) with mining companies Exxaro and Seriti Resources to help decarbonise their operations by deploying solar PV
Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.
Total corporate funding in solar increased 190% in the first nine months of this year, with US$22.8 billion raised in 112 deals compared with US$7.9 billion in 72 deals in the same period last year, according to a Mercom Capital Group report.
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.
Vortex Energy has agreed to invest more than €625 million (US$725 million) into Ignis Energy Holdings through a series of capital injections that aim to develop Ignis into a “fully integrated renewable IPP” in Spain and elsewhere.
