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ESCAP and IRENA Transitioning Asia-Pacific Region Towards Renewables Together
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the International Renewable Energy Agency (IRENA) will work together to improve access to sustainable energy, bolstering the Asia-Pacific region’s response to the COVID-19 pandemic. The two…
Next Generation Farming With Solar Panels
Solar panels are sprouting on farmland like mushrooms after the rain, but there’s no such thing as a free lunch. If too many solar panels replace too much cropland, there goes the food supply. However, farmers are beginning to learn…
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according…
Oil Price Volatility Will Give a Boost to Renewables
Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price…
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies…
Under What Conditions Will Clean Energy Become The Norm?
Even as renewables become a more common energy source around the world, they still face major obstacles. Some barriers are inherent with all new technologies; others are the result of skewed regulatory frameworks and marketplaces. Through what confluence of conditions…
EBRD and Donors Boost Green Financing in the Region
The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains and plains enabling wind power, its underdeveloped solarenergy,…