The renewables sector has been named among the most pandemic-resilient infrastructure sub-sectors, thanks in part to its ability to secure finance as well as government efforts to grow the green economy, according to a new white paper from investment firm Foresight Group.
South Africa’s solar industry has welcomed new government plans to purchase 6.8GW of additional renewables from independent power producers as of 2022, but warned that an “urgent response” is needed to tackle the country’s ongoing energy crisis.
The European Union (EU) has raised its 2030 emissions reduction target by 15 percentage points after solid levels of renewable energy deployment mean the bloc is on track surpass its previous goal.
The world will need to build five to six times as much solar and wind power per year as in 2019 if a carbon-zero economy is to be reached by the middle of the century, a study has said.
Three months of marginal job creation means nearly 500,000 clean energy workers in the US remain unemployed as the sector struggles to recover from the impact of COVID-19.
Queensland’s three state-owned energy corporations will be able to increase their ownership of commercial renewable projects thanks to a new AU$500 million (US$364.45 million) renewable energy fund announced yesterday.
Almost a third of France’s €100 billion coronavirus recovery package directed towards greener energy policies, as the country ramps up expenditure on hydrogen production.
Hit by grid connection challenges, large-scale renewable energy projects committed in Australia in the second quarter of 2020 were at their lowest level since 2017, according to new data from the Clean Energy Council.
