Search Results for renewable energy source
Decarbonisation ‘Must Accelerate to Stay in Line with Paris Agreement’
The shift towards a low carbon energy system must accelerate to stay in line with the goals outlined in the Paris Agreement. That’s the verdict offered in a new report from the International Renewable Energy Agency (IRENA), which suggests this…
The First Solar Plant Owned by the Citizens in Croatia
Even though the price of solar panels is constantly decreasing, a solar plant is still out of most citizens’ budget. However, what if we split its construction costs with 52 people and get a 4.5 per cent annual interest rate on…
Shell to Invest $300m to Offset Carbon Emissions
Royal Dutch Shell has committed to invest $300 million (£230m) over the next three years in projects that help offset carbon emissions. It will fund large-scale forest projects in Indonesia, Peru and the US as part of its strategy to…
“If Everyone Does a Little, We Will Achive Only a Little”
Do you think that small acts of individuals plunge into the river of synergy and reflect onto the society as a whole? You are not lonely in perceiving our world functioning this way. We are prone to comfort ourselves into…
Coal Prices Continue to Rise, Becoming More Costly Than Solar and Wind Alternatives
Around three-quarters of US coal production is now more expensive than solar and wind energy in providing electricity to American households, according to a new study. “Even without major policy shift we will continue to see coal retire pretty rapidly,”…
Saudi Arabia to Build 2.6GW Solar Plant near Mecca
Saudi Arabia has signed a deal for a 2.6GW solar farm to be built in the Makkah Region. The facility, which will be located near the holy city of Mecca, will supply electricity to Al Faisaliah city and the western…
IEA: Global Carbon Emissions Hit Record High in 2018
Global energy-related carbon dioxide (CO2) emissions hit a new record last year, with an increase of 1.7% globally. That was a result of higher energy consumption, which grew by 2.3% – nearly twice the average rate of growth since 2010,…