Tuesday 15th October 2019
Tuesday, 15th of October 2019
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Renewable Energy

Make economy renewable energy friendly, World Bank advises

John Roome

A World Bank top official has called on the government in Nigeria and others globally to reform their financial sectors to make it easier to lend to renewable energy development over fossil fuel. John Roome, who is the bank’s Director on Climate Change, made the call during a chat with Fellows of the Internews’ Earth Journalism Network (EJN) to the just ...

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Least Developed Countries group launches energy initiative, REEEI

Mr. Tosi Mpanu-Mpanu

The Least Developed Countries (LDCs) Group on Thursday, November 17 2016 at the UN climate change talks in Marrakech, Morocco announced the launch of its new Renewable Energy and Energy Efficiency Initiative (REEEI) for Sustainable Development. The initiative appears to have emerged as one of the key, concrete outcomes of the Marrakech climate conference. According to the LDCs Group, the ...

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Monies outside pledged $10 billion required to realise AREI, says AfDB

Akinwumi Adesina

After initially paying 6 million Euros, France has pledged another 2 billion Euros in support of the Africa Renewable Energy Initiative (AREI), which seeks to scale-up and harness the continent’s huge potential in renewable energy sources. President, African Development Bank ( AfDB), Akinwumi Adesina, who announced this on Wednesday, November 16, 2016 during the Africa Day events at the ongoing UN climate ...

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U.S. reinforces Africa power commitment with $11m

Amadou Hott

The government of the United States of America has reinforced its focal commitment to achieving the lofty objectives of the Sustainable Energy Fund for Africa (SEFA) with an additional funding of $11 million. At a signing ceremony which held on Saturday within the precincts of the U.S. Centre Pavilion at the ongoing 22nd Conference of the Parties (COP22) to the ...

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World Alliance for Clean Technologies launched at COP22

Solar Impulse

The Solar Impulse Foundation launched the World Alliance for Clean Technologies on Friday in Marrakech as a legacy to the first ever solar flight around the world. Its goal is to federate the main actors in the field of clean technologies, in order to create synergies, promote profitable solutions to the world’s most pressing environmental and health challenges, and give credible ...

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Energy leaders accelerate climate action

Rachel Kyte

With the Paris Climate Agreement having just come into force, leaders from a wide range of sectors are coming together on Energy Day at the UN Climate Change Conference in Marrakech (COP22) to demonstrate action on global efforts to decarbonise energy systems. Energy Day is being jointly organised by the International Renewable Energy Agency (IRENA) and Sustainable Energy for All ...

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Platform prescribes innovative solutions to Africa’s energy deficit

gareth-phillips

Experts at the UNFCCC’s 22nd Conference of Parties which began on Monday in Marrakech have proposed innovative approaches to solving the African energy challenge. Speaking at a side event on Renewable Energy Performance Platform as a tool to deliver NDC Objectives on the first day of the conference, the experts believe that Africa’s energy poverty which leaves about 600 million people without access ...

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Mozambique, firm to build $80m solar plant

africasolar

Mozambique has reached an agreement with a private enterprise towards the development of the country’s first large scale solar plant. Scatec Solar and Norfund signed the Power Purchase Agreement securing  the sale of solar power over a 25-year period to the state owned utility Electricidade de Mozambique (EDM). The agreement was signed at a ceremony in Maputo on Monday in ...

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Woolworths, Massmart, Pick n Pay emerge tops on renewable energy

Penny-Jane Cooke

In order to fully benefit from the potential of abundant renewable energy in South Africa, companies need to step out of their comfort zones and send clear signals to the markets by committing to an ambitious 100 percent renewable energy future. This is the resounding message in an updated report “Shopping clean: Retailers and renewable energy – An Update” released ...

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IEA raises five-year renewable energy growth forecast

fatih-birol

The International Energy Agency (IEA) said on Tuesday that it was significantly increasing its five-year growth forecast for renewables, thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed coal last year to become the largest source of installed power capacity in the world. The latest edition of the IEA’s Medium-Term Renewable Market Report now sees renewables ...

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