The Australian Renewable Energy Agency (ARENA) will support projects that further lower the cost of renewable generation as part of a new investment strategy aimed at underpinning the transition to net zero emissions.
Accelerating deployment of utility-scale solar and wind means much of Australia could have sufficient renewables generation to meet 100% of consumer demand at certain times of the day by 2025, the Australian Energy Market Operator has said.
A plan to establish Australia’s largest renewable energy zone in the state of New South Wales has seen an overwhelming level of interest, with projects representing 34GW of capacity submitted.
The US’ transition to a carbon pollution-free power sector could see solar provide more than 40% of the country’s electricity by 2035, up from the current 3% level, according to a memo from the Department of Energy (DOE).
The number of jobs across the global solar PV sector could increase almost tenfold in the next 30 years if the world transitions to derive 100% of its energy from renewables by 2050, new research has suggested.
A landmark new climate report from the UN “must sound a death knell” for coal and fossil fuels, according to secretary-general António Guterres, who is calling for a rapid increase in solar capacity and renewable energy investment.
European Union (EU) countries may need to ramp up renewables deployment in the next decade to meet new proposed targets aimed at reducing greenhouse gas emissions across the bloc.
Italy’s transmission system operator Terna will invest €18.1 billion (US$21.4 billion) in the next ten years to strengthen the country’s grid and support the integration of new clean energy projects.
