The world’s solar power generation capacity will have to reach 14.4TW in the next 30 years to ensure that the global temperature does not rise above 1.5 degrees celsius this century.
The Global Wind Energy Council (GWEC) and Global Solar Council (GSC) have called on Mexican lawmakers to prevent changes to the country’s Electricity Act, Ley de la Industria Electrica (LIE), which pose what they call “an unequivocal threat" to private investment in clean energy.
Central and southeastern European countries could cost-effectively cover more than one-third (34%) of their energy demand with renewables within ten years, a new report by the International Renewable Energy Agency (IRENA) finds.
As the European Union forges ahead with its green recovery and looks to meet new emissions reduction targets, member states should ensure they convey the benefits of solar power to citizens while also building partnerships with industry, according to a panel speaking at this week’s SolarPower Summit.
IRENA finds world could save US$23bn per year if it replaced costly coal with cheaper solar and wind while Imperial College-IEA conclude green energy plays make more money at lower risk.
Solar and storage among key drivers of a transformation IRENA believes could unlock US$98trn GDP boost, tapping into green principles to turn the page from this year’s economic shock.
New deal will see green energy body IRENA assist with large-scale roll-out of solar and others, a plan for continent to tap into its vast renewable resources to power its response to COVID-19.
Asia, US, Australia, Spain are among the highlights of year for which IRENA found 98GW of new solar installs, an estimate below the 110-120GW range offered by different analyses.
Agency urges countries to keep clean energy shift ‘front of mind’ as they design anti-pandemic stimulus packages, amid calls to bolster renewables and phase out fossil fuel subsidies.
