LONDON: Electricity generated by onshore wind and solar photovoltaic (PV) technologies will in the next year be consistently cheaper than from any fossil fuel source, a report showed on Wednesday, boosting the case for energy sources that don’t emit carbon. The trend for cut-price renewable energy is already set but the report by the International […]
Research, Reports & Ratings
Report shows 650 million people to be left without electricity access in 2030
The report tracks global, regional and country progress on the three targets of SDG7: access to energy and clean cooking, renewable energy and energy efficiency. Tracking SDG7: The Energy Progress Report 2019 shows that despite the progress, reaching the remaining unserved people, including those connected to frail and overburdened urban grids, as well as displaced […]
World nations failing the poorest on energy goals: study
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals, according to a report released Wednesday. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise […]
Strong global solar market outlook
SolarPower Europe’s 5-year global solar market outlook forecasts 800 GW additions to 1.3 TW total installed capacity by 2023 At Europe’s leading solar trade event Intersolar Europe, SolarPower Europe launched its Global Market Outlook 2019-2023, showing that solar power reached important milestones in 2018, with an even more optimistic picture forecasted for the next five […]
CSR: Is the Modi govt. failing in its renewable energy targets?
A new report by UK accountancy firm Ernst & Young showed on Wednesday. In an annual ranking of the top 40 renewable energy markets worldwide, China was in first place, with India dropping to fourth place from third last year. France moved to third position from fifth, due to its focus on floating offshore wind […]
WoodMac: Solar Plants Cheaper Than Natural Gas ‘Just About Everywhere’ by 2023
The days of new gas-fired plants keeping up with utility solar will soon be over. But the rise of competitive renewables auctions means profits will be hard to come by, even in an expanding market. Solar will soon be able to out-compete gas-fired plants around the world. That doesn’t mean it will be any easier […]
Global energy investment stabilised above USD 1.8 trillion in 2018, but security and sustainability concerns are growing
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current […]
Global energy investment steadies at $1.85 trln after three-year fall -IEA
Upstream oil and gas spending in 2018 rose by nearly 4% year on year to $477 billion because of a rise in oil prices and a shift to shale gas and projects with shorter construction periods, according to the IEA’s 2019 World Energy Investment report. London: Global energy investment steadied at nearly $1.85 trillion last […]
Chinese Solar Inverters Hit by Latest US Trade Tariffs, but Impact Seen as Muted
The increasingly globalized solar supply chain has been preparing for the possibility of more U.S. tariffs on components made in China. Solar inverters have been swept up in the Trump administration’s latest move to increase tariffs from 10 percent to 25 percent on $200 billion in Chinese goods, but analysts and industry sources say the […]
Renewables can achieve climate and energy goals without damming the world’s rivers: WWF report
Launched on the eve of the World Hydropower Congress in Paris, the report details the transformations that are already underway and how the world can capitalize on these opportunities New Delhi: With thousands of hydropower dams planned across the globe, a new report from WWF and The Nature Conservancy demonstrates how the renewableenergy revolution can solve the world’s […]