Search Results for solar PV
Technology Breakthroughs are Unlocking Geothermal Energy’s Vast Potential in Countries Across the Globe
With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according to a new IEA report. The report, The…
Supporting Bulgaria’s Renewable Energy Transition
The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern Bulgaria. The Tenevo plant is expected to generate…
Geopolitical tensions are laying bare fragilities in the global energy system
Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making clear the need for stronger policies and greater investments to accelerate and expand the transition to cleaner and more secure technologies, according to the IEA’s…
Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the…
Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World
The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs and heat pumps, according to a new report…
Islands need resilient power systems more than ever. Clean energy can deliver
Small and remote islands are subject to an array of energy challenges. As they are often isolated from mainland power grids, many face difficulties balancing supply and demand. They tend to be heavily dependent on imported fossil fuels, which can lead to…
Investment in Clean Energy This Year is Set to be Twice the Amount Going to Fossil Fuels
Despite pressures on financing, global investment in clean energy is set to reach almost double the amount going to fossil fuels in 2024, helped by improving supply chains and lower costs for clean technologies, according to a new IEA report.…