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IEA

China To Dominate CSP Revival in Long Term

Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […]

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Global Action Needed to Scale Up Hydrogen For a Clean & Secure Energy Future

The world has an important opportunity to tap into the vast potential of hydrogen to become a critical part of a more sustainable and secure energy future, the International Energy Agency (IEA) has revealed in a major new report. The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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ADB Grants $750 Mn For Railway Track Electrification in India

ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […]

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EDF & Masdar Consortium Wins 800 MW Hybrid Solar Project in Morocco

EDF, Masdar and Green of Africa Consortium has won 800 MW hybrid solar project in Morocco. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy Company – Masdar, and Green of Africa, Moroccan […]

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Global Access to Electricity is Growing, but Falling Short of Sustainable Energy Goals

Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030.  Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […]

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Vestas Enlists Sulzer Schmid and WKA For Drone-Based Blade Inspection Campaign

Sulzer Schmid and WKA have been enlisted by Vestas to conduct a massive and challenging drone-based blade inspection campaign in Scandinavia Sulzer Schmid, a Swiss company pioneering UAV technology for rotor blade inspections, and WKA, the leading blade inspection and repair service provider, have been enlisted by Vestas to conduct a massive and challenging drone-based […]

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CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform

The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […]

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Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back

A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […]

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