Tag Archives: Renewable energy

As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to new research published on Thursday, April 6, 2017 by UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance. “Global Trends in Renewable Energy Investment 2017” finds that ...

Almost 200 African civil society organisations on Thursday, April 6, 2017 condemn what they perceive as European manipulation and compromising of the Africa Renewable Energy Initiative (AREI), a transformative, Africa-owned and Africa-led inclusive effort to accelerate and scale up the harnessing of the continent’s huge renewable energy potential. Tensions appear to have erupted over the actions of France and the ...

A new United Nations-backed report has revealed overwhelming consensus that renewable power will dominate in the future, with many experts saying that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity. “(The report) is meant to spur discussion and debate about both the opportunities and challenges of ...

Wind, solar and other renewable energy sources are steadily increasing their share in energy consumption across the European Union (EU), further reducing the need for CO2-emitting fossil fuel energy, according to a report published by the European Environment Agency (EEA) on Monday, April 3, 2017. This trend, it is gathered, is driving down greenhouse gas emissions from electricity generation, buildings’ ...

The Asian Development Bank (ADB) and the Government of India on Friday, March 31, 2017 signed a $200 million loan to finance installation of millions of energy-efficient lights in streets and homes as well as energy-efficient water pumps across India that will lead to energy savings of around 3,800 gigawatt-hours annually. ADB funds will be provided to Energy Efficiency Services ...

The United Kingdom and Germany have pre-selected seven NAMA Support Projects from the NAMA Facility’s 4th Call. These NAMA Support Projects will receive funding for their Detailed Preparation Phase. Germany and the UK have committed to fund up to €60 million for the 4th Call of the NAMA Facility. The NAMA Facility supports the implementation of ambitious Nationally Appropriate Mitigation ...

Global energy-related carbon dioxide (CO2) emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released on Monday, March 20, 2017 by the International Renewable Energy Agency (IRENA). “Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy Transition”, launched on the occasion of the Berlin ...

Minigrids, small isolated distribution networks increasingly powered by clean energy, could capture an increasing share of the $740 million sub-Saharan off-grid market, according to a report released by Rocky Mountain Institute on Monday, March 20, 2017. “The minigrid market has the potential to reach $1.5 billion annually and could include many millions more people if product manufacturers and services providers along ...

Minister of State for Environment, Ibrahim Usman Jibril, has disclosed that the Federal Government will power nine universities in the country with solar energy under efforts to ensure a clean and healthy environment through the issuance of sovereign green bonds. The minister made the submission on Thursday, March 9 2017 when he paid a working visit to the National Agency ...

With a month to go this fiscal year, Japan’s installation of new wind power capacity in 2016-17 is set to come in almost double that of the previous 12 months, propelled by higher tariffs guaranteed by Tokyo and a rising number of offshore wind farms. Japan is set to add 300 megawatts of wind capacity – enough to power more ...