Renewables and Efficiency

Between 2018 and 2020, the solar power capacity of Vietnam leapt to 16.5 gigawatts from 0.1 gigawatts. In the same period, the sunny Mena region added only 3.1 gigawatts in its entirety. The region has made some important strides in solar power but it needs to find the way to …

Bitcoin traded above $32,000 on Thursday after Elon Musk said Tesla would likely start accepting it as payment again as more renewable energy was used to mine the cryptocurrency. Tesla had said in May that it would not accept Bitcoin as payment because of the vast amounts of electricity needed …

Forssea Robotics has completed an underwater survey of the Floatgen offshore wind turbine installed at the SEM-REV site in France. The main goal of the survey, completed in June, was to visually confirm the integrity of the mooring lines and dynamic umbilical system, besides characterizing marine growth on the various …

The UAE’s clean energy firm Masdar, owned by sovereign wealth fund Mubadala Investment Co., plans to develop 440 MW of photovoltaic solar projects in Uzbekistan as it expands its international footprint. Abu Dhabi-based Masdar will develop two power plants on a public-private partnership basis, building on its presence in Uzbekistan, …

The International Energy Agency (IEA) has released a peer-reviewed report today, focussed on the efforts of oil and gas companies to reduce their environmental footprints, concluding that companies’ failure to address growing calls to reduce greenhouse gas emissions could threaten their long-term social acceptability and profitability. The International Energy Agency …

Eni has agreed to buy one of the largest onshore wind portfolios in Italy from fund manager Glennmont Partners, as part of plans to expand its green energy business. The Italian energy group will buy a 315 megawatt portfolio comprising 13 plants, taking its overall wind capacity in Italy to …

The EU has expressed hope that it can transfer its expertise in renewable energy and work in Libya on these projects. The EU Mission in Libya said, in a report posted to its SMS page, that in view of the constant power outage a large number of Europeans were keen …

Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 percent over the expected growth of current plans within the next decade, said a new analysis from the International Renewable Energy Agency (Irena). Irena’s 1.5°C pathway – (The Agency’s ambitious goals to limit global …

Strong government policies and financial support will see renewable energy account for nearly 40% of the world’s power mix by the end of this decade, according to research by GlobalData. In a new report, the data and analytics firm highlights how increasing investment in solar and wind plants, and new …

The International Renewable Energy Agency (IRENA) and the Ministry of Ecology and Environment of the People’s Republic of China (MEE) have today agreed to extend existing co-operation on energy transition. The joint work will center-stage the acceleration of renewable energy development as central climate solution, enabling China’s pledge to peak …