Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.
If Asia is to rise to the clean energy challenge then sharing energy between countries will be one way to deal with intermittency issues. But political obstacles aside, how will it work?
A new report from public policy think-tank the Australia Institute (AI) has concluded the development of nuclear power is not a viable option as Australia’s renewable energy continues to boom.
From the way we shop to the way we socialize, the internet affects nearly everything we do these days. This dramatic change in our way of life has been fueled by a handful of large tech companies, companies that are increasingly going all in on solar.
Around 30% of Nepal’s population is still without access to electricity. So why is the share of renewable energy in Nepal’s electricity mix only 3%? It is a much debated question in the country’s hydro-dominant electricity sector, but there is little action.
Which countries among the 10 Asean member states can claim bragging rights for being the most progressive on renewable energy, and what are they doing right?
July 19, 2019 (IEEFA India) ̶ India is likely to obtain 63% of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, according to the Central Electricity Authority (CEA). This would significantly exceed the country’s Paris agreement target of a 40% share of installed power capacity from non-fossil fuel sources by 2030.
All around the world, power systems are changing fast. For example last year Denmark supplied 63% of its power demand from variable renewables (wind and solar PV) while last June Great Britain went a full 18 days without burning coal for power generation.
The current move in many countries of South and South East Asia to expand coal-fired power generation will lead to a serious issue of stranded assets.
Work is now underway on Victoria’s $276 million Berrybank Wind Farm, which will generate enough energy to power around 138,000 homes as a result of the Victorian state Labor government’s landmark Victorian Renewable Energy Target (VRET).
According to the International Renewable Energy Agency (IRENA) renewable energy is already the cheapest source of electricity in many parts of the world, with global technology costs having fallen to a record low last year.
New IRENA report on costs for renewable power reaffirms renewables as low-cost solution to boost global climate action
f the world does not step up efforts on renewable energy, it will fall short of the United Nations Sustainable Development Goals (SDGs) for 2030.
This report, prepared jointly by the International Renewable Energy Agency (IRENA), the International Energy Agency (IEA) and the Renewable Energy Policy Network for the 21st Century (REN21), identifies key barriers and highlights policy options to boost renewable energy deployment.
Read more: https://www.irena.org/publications/2018/Apr/Renewables-Readiness-Assessment-Pakistan
Read more: https://www.cnbc.com/2018/02/23/cost-not-climate-is-driving-transition-to-renewables-blackrocks-jim-barry.html
Read more: http://www.irena.org/publications/2017/Nov/Turning-to-renewables-Climate-safe-energy-solutions
Read more: http://www.irena.org/DocumentDownloads/Publications/IRENA_Geothermal_Power_2017.pdf
Read more: https://www.adb.org/sites/default/files/publication/352646/sdwp-49.pdf
Read more: https://www.iea.org/publications/freepublications/publication/RenewablesInformation2017Overview.pdf