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Azerbaijan launches first renewables auction
The Ministry of Energy of Azerbaijan, with the support of the European Bank for Reconstruction and Development (EBRD), has announced the country’s first renewable energy auction for a 100 megawatt solar power...
Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of...
Transition to Renewables Calls for New Approach to Energy Security
The transition away from fossil fuels to renewables requires a new interpretation of the concept of energy security, according to a new report by the International Renewable Energy Agency (IRENA) published today.
Geopolitics...
Record Reduction of 2023 ETS Emissions due Largely to Boost in Renewable Energy
Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant...
Record Growth in Renewables, but Progress Needs to be Equitable
Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity...
CROATIAN ENERGY MIX – RENEWABLE SOURCES EXCEED NON-RENEWABLES AND NPP KRSKO
The relevant January data showed that renewable energy sources in Croatia were the dominant source of electricity production compared to non-renewable ones.
As usual, hydropower plants had the biggest share in renewable energy...
NORTH AFRICA’S RENEWABLE POTENTIAL AND STRATEGIC LOCATION REINFORCE ITS ROLE IN ENERGY TRANSITION
North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate...
CROATIA GENERATED THE NEEDED POWER FROM RENEWABLE SOURCES FOR FOUR DAYS
In December 2023, Croatia made a significant step forward in generating electricity from renewable sources, which had a 19.5 per cent share in the total available electricity, excluding hydroelectric plants, thus ranking...
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity...
Financial headwinds for renewables investors: What’s the way forward?
The impressive growth in clean energy investments in recent years has been led by renewable power. Annual spending on solar PV and wind projects has risen by more than USD 300 billion...
RENEWABLE SOURCES KEY TO ENERGY SECURITY
Warm sea, pleasant climate and authentic architecture - this is perhaps the shortest description of one of the most popular tourist destinations on the European continent and the largest country on the...
IRENA Global Atlas Upgrade Enhances Understanding of Countries’ Renewables Potential
Since its inception ten years ago, the IRENA Global Atlas for Renewable Energy has been the hub for open-source renewable resource assessment and data sharing. The new version 4.1 marks a significant...
Renewables Jobs Nearly Doubled in Past Decade, Soared to 13.7 Million in 2022
Worldwide employment in renewable energy reached 13.7 million in 2022, an increase of one million since 2021 and up from a total of 7.3 million in 2012, according to a new report...
RENEWABLE ENERGY SOURCES ARE THE WAY OUT OF THE ENERGY CRISIS
The energy crisis showed us how vulnerable we are and how fragile our energy safety is. The war in Ukraine, which caused an unprecedented increase in electricity prices, exposed all the flaws...
Stepping up in renewables towards energy stability
Alessandro Bragonzi, Head of Regional Hub for the Western Balkans, one of the participants in the OIE Serbia 2023 conference, organized by the Association of Renewable Energy Sources of Serbia, wrote for...
INVESTING IN RENEWABLE ENERGY POWER PLANTS
In this article, I will focus only on those electricity sources that use renewable energy, which I know relatively well. These are small hydroelectric power plants, wind farms, solar power plants and...
