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.
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.
PV reaps lion's share of seventh funding round of IRENA/ADFD's project facility, set to back solar ventures in Africa and the Caribbean totalling at least 42.5MW.
Cecilia Keating concludes PV Tech’s end-of-year review, with a look back at Q4 2019's highlights, where bifacial modules narrowly missed being added to President Trump's broader suite of solar tariffs, free-market solar swept Europe, the world's climate priorities were put under the microscope at COP25, and sub-Saharan Africa wrestled with major energy crises.
World organisations team up to help 100 countries ramp up green energy ambitions ahead of make-or-break 2020, amid claims that China, US and India hold terawatts in unused potential.
UNEP flags clean energy policy shortcomings in India, Mexico and other top markets as it warns world is headed towards 3.2°C temperature rise under status quo.
Report calls for decisive scale-up of investment to help solar supply a quarter of global energy by mid-century, slashing worldwide CO2 emissions by 4.9 gigatonnes in the process.
Beijing could up solar production by 12-13% and unlock 51-74TWh if it acts against industrial and transport emissions driving sunlight dimming, researchers say.
