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IRENA

Winds of Change are Blowing in Africa: GWEC

The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […]

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Top 5 Fastest-Growing Solar Markets in Africa

The year 2018 was exceptionally good for Africa and 5 African markets drove the continent’s solar energy market. Last Year Africa showed good progress in its solar market growth which was primarily driven by five countries: Egypt, South Africa, Kenya, Namibia, and Ghana. The continent’s solar assets experienced a growth of over 1.8 GW in new solar […]

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REI 2019: Session on Startups – Innovation in Manufacturing Needed

At the ongoing Renewable Energy Exposition 2019, a session on the role of startups in the RE space highlighted that the innovation aimed at solving consumer and business problems are key to its future growth. The first day of the Renewable Energy Exposition (REI 2019) saw the convergence of financiers, startup heads and think tanks […]

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PROINSO, SOLAREN Win Asian Power Award for 2.16 MWp Commercial Solar Rooftop Project

PROINSO, a global leader in the solar energy market, and SOLAREN, have won the 2019 Asian Power Award in the category “Solar Power Project of the Year – Philippines”for their 2.16MWp commercial rooftop solar project in the Philippines. The Asian Power Awards announced PROINSO and SOLAREN as the 2019 winners at a gala ceremony attended […]

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Diageo Commits to a Renewable Future in Africa

Diageo will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are carbon and water-efficient British multinational alcoholic beverages company, Diageo has announced that it will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are the […]

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Distributed Renewables Could Create 400,000 Jobs in India

A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […]

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Masdar Signs MoU in Armenia for Development of 500 MW RE Projects

Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […]

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Greenko Raises $824 mn in Equity Funding From GIC and ADIA

Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […]

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Renewable Energy to Lead New Capacity Addition in India: CEA Report

India’s green energy addition may constitute over half of India’s capacity addition by 2030 says CEA draft report Solar and wind energy projects may constitute over half of India’s total power capacity of by 2030, according to a draft report by India’s power-planning body, which predicts that the country may surpass its climate goals. The […]

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