Geothermal Energy Could Support Central American Low-Carbon Economic Development

The vast geothermal potential throughout Central America could be a key tool in the low-carbon economic development of the region according to the International Renewable Energy Agency. Central American countries currently rank among the world’s top countries in terms of installed geothermal energy share, but have the potential to increase …

Renewable Energy Can Deliver 25% Of India’s Energy Demand By 2030

A new report from the International Renewable Energy Agency has concluded that India can meet a quarter of its energy demand with renewable energy sources by 2030. The new study published by the International Renewable Energy Agency (IRENA) on Tuesday, Renewable energy prospects for India, concluded that increasing India’s renewable …

World Bank Commits $54.4 Million To Reliable Electricity & Renewables In Mongolia

The World Bank announced last week that it would contribute $54.4 million in financing to help the Mongolian government address important electricity reliability issues while also supporting the development of the country’s first large-scale solar PV power plant. The landlocked nation of Mongolia suffers from numerous bottlenecks in its electricity …

US Solar Industry Creates Jobs 17 Times Faster Than Rest Of The Economy

A new report released by the International Renewable Energy Agency (IRENA) reveals that solar jobs in the U.S. (and other nations) are expanding quickly. As of November 2016, the American solar industry employed 260,077 workers. This is an increase of 24.5% from 2015, with a growth rate that is 17 …

IRENA To Work With State Grid Of China To Accelerate Energy Transition

The International Renewable Energy Agency and the State Grid Corporation of China announced their intention last week to increase their cooperation with the intent to advance China’s energy transition. The State Grid Corporation of China is the world’s largest utility, and China has already proven itself as the world leader …

Embrace Decentralised Renewable Energy for Power Supply

Countries in Africa and South Asia should embrace inexpensive decentralised renewable energy (DRE) technologies for clean, sustainable and affordable power for all, says a report. Most national governments are far from solving energy poverty, according to the report released last month (4 April) by Power for All — a global …

Offshore Wind Comes of Age: No Government Subsidies Needed

Denmark offshore wind giant DONG Energy won the rights last week to build two new wind farms in the German North Sea without any government subsidies. The move represents a major milestone for the offshore wind industry, which has relied on support from European governments. “The zero subsidy bid is …