Switching to full renewables by 2050 in line with climate goals would see global solar create 22 million of a total 35 million new energy sector jobs, with batteries employing 4.5 million.
Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.
Grid-connected 800MW project developed with local partners will help the Gulf nation to diversify its energy mix and deliver a 'carbon-neutral' football World Cup in 2022.
Andy Colthorpe and Liam Stoker are back reviewing the pivotal clean energy headlines from around the globe. Liam reports back from the World Future Energy Summit in Abu Dhabi where the future of the Middle East’s power grid was up for debate before the discussion moves on to Australia’s bush fires, the nation’s relationship with coal and what ‘Scotty from marketing’ might be able to learn from Germany.
Consortium bags contract for Gafsa PV plant after submitting a bid of US$0.0272/kWh, for 500MW solar tender meant to kickstart still-dormant clean energy market.
BNEF: American ITC rush and Spain’s subsidy-free shift help bolster 2019’s declining global solar finance figures, setting the scene for a boom of merchant and PPA-based PV this year.
Countries in the Persian Gulf are coming to terms with the realities of greater proliferation of renewable energy, eyeing secondary reserve, flexible generation and grid management to cater for an expected explosion of solar capacity in the region.
145MW project planned on a West Java reservoir is the UAE energy giant's first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.
Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.