Renewables and Efficiency

The Chinese Ministry of Finance has increased the country’s renewable power subsidies for 2021 by 5 percent to CNY 5.95 billion ($905 million). According to French consultancy Enerdata, subsidies for wind and biomass projects dropped by 24 percent and 18.5 percent, respectively, to CNY 2.31 billion ($351 million) and CNY …

Turkey will rank fifth in Europe for increasing its renewable power capacity, which is forecast to add 22.2 gigawatts (GW) by 2025 to reach 66.8 GW, according to International Energy Agency (IEA) data compiled by Anadolu Agency. The country’s total installed renewable energy capacity stood at 44.6 GW at the …

The world’s power generation is about to become even more green, according to a new publication from the International Energy Agency (IEA). The group on Nov. 10 published its “Renewables 2020″ report, and highlighted how generation capacity from both wind and solar will double across the next five years and …

The International Energy Agency task force has issued a new report, revealing that residential solar PV with battery storage has the potential to reduce emissions up to ten times compared to coal generated electricity. Australia is participating in a research program with the International Energy Agency to assess the lifecycle …

Oman’s Sohar Port and Freezone, a deep-sea port and adjacent free zone located in the homonymous coastal city, is planning to host a large scale green hydrogen generation hub powered by solar power plants. According to the whitepaper SOHAR Port and Freezone Going Green, published by the port’s CEO, Mark …

The combined company will boast power plants in 14 countries with an estimated annual production of 4.1TWh.

They will have a total installed capacity of 102.5MW and generate enough electricity to power more than 60,000 households at peak times.

A new report released by Wood Mackenzie states that solar module costs will continue to fall in the 2020s owing to technology innovation and lower CAPEX. Improvement in module efficiency and power class is expected to propel the declining capex trend forward and ultimately lower the solar levelised cost of …

Wind energy is a virtually carbon-free and pollution-free electricity source, with global wind resources greatly exceeding electricity demand. Accordingly, the installed capacity of wind turbines grew at an annualized rate of >20% from 2000 to 2019 and is projected to increase by a further 50% by the end of 2023. …

In some parts of the world, solar power is now the cheapest source of electricity in history, thanks to policies encouraging renewable energy growth. That’s according to a new report released today by the International Energy Agency (IEA). Sunshine is free, but the technology needed to turn it into usable …