Renewables Account for Almost Three Quarters of New Capacity in 2019

The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according to new data released by the International Renewable Energy Agency …

The Investment Case for Energy Transition in Africa

Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed at national and regional levels, 580 million Africans still do not have access to modern …

Oil Price Volatility Will Give a Boost to Renewables

Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price of oil plunging to lows not seen in years. You …

Battery Storage Paves Way for a Renewable-Powered Future

Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies can be used for a variety of applications in the …

Keravan Energia Invests in Energy Efficiency and Emission Reduction

KPA Unicon and Keravan Lämpövoima Oy, a subsidiary of Keravan Energia and an operator of a bio-power plant, have signed a contract for Unicon Condenser, which will significantly improve energy efficiency of the existing 80 MW bio-power plant and reduce emissions from the power plant. The flue gas condenser and …

Under What Conditions Will Clean Energy Become The Norm?

Even as renewables become a more common energy source around the world, they still face major obstacles. Some barriers are inherent with all new technologies; others are the result of skewed regulatory frameworks and marketplaces. Through what confluence of conditions will clean energy become the norm? The Union of Concerned …