Solar PV is “charging ahead” across the world as it outpaces other renewables, but far more significant action is required if a climate crisis is to be averted, the International Energy Agency (IEA) has warned.
The International Energy Agency has highlighted the claimed 50% growth in solar PV installations in 2016, which reached over 74GW, is part of a new trend that showed renewable energy sources with almost two-thirds of net new power capacity that approached 165GW coming online.
The route to decarbonisation in the energy sector will create benefits of US$10 trillion every year by 2050, while requiring only US$1.8 trillion to implement, according to a new joint report from the International Energy Agency (IEA) and the International Renewable Energy Agency (IRENA).
In a manual directly aimed at policy makers, the International Energy Agency (IEA) has sought to debunk various myths about integrating wind and solar to the grid, while also providing solutions to bona fide problems that can arise.
This week's segment mainly focuses on career moves in the US - featuring some of the nation's biggest energy players, including SunPower, NEXTracker and the SEIA. There is also news from key energy agencies including the IEA, FERC and the New York PSC.
In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).
Renewables surpassed coal and became the largest source of global power capacity in 2015, along with the addition of 49GW of solar PV, according to the International Energy Agency’s ‘Renewable Energy Medium Term Market Report 2016’.
A new report from the International Energy Agency (IEA) sheds light on the role that cities must take in terms of transitioning to a low-carbon energy sector, as the piece notes that urban areas account for up to two-thirds of the potential to reduce global carbon emissions.
India as a nation is set to contribute more than any other country to the rise in global energy demand over the next 25 years to meet rising incomes and population, however, its energy demand per capita will still be 40% lower than the global average, according to a report from the International Energy Agency (IEA).