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Bdesh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers 

With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozones energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 []

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Significant Investment Needed to Transform Africas Energy System

IRENA and UNDPs Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africas energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed []

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Over 60 GW of Wind Energy Capacity Installed in 2019: GWEC

According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW of new capacity worldwide According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW (60.4 GW) of new capacity worldwide and year-on-year growth of 19 []

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Uzbekistan Sees High Foreign Interest in its Renewable Energy Push

The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the countrys ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. This []

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Azelio Installs Its Renewable Energy Storage Soln in Morocco

Swedish company Azelio said that it has completed the installation of its renewable energy storage with 24h clean power production in Morocco. Further, the installation is a partial result of the joint technical and business development agreement between Azelio, a specialist in thermal energy storage, and the Moroccan Agency for Sustainable Energy (Masen). The solution []

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Research Shows Pairing Wind With Storage Critical for RE Future

A new report examines the use of energy storage for wind integration, covering existing and upcoming projects, the landscape, and expected market growth. A new report from Navigant Research examines the use of energy storage for wind integration, covering existing and upcoming projects, the competitive landscape, and expected market growth. The report, Optimizing Wind Power Plants with Energy Storage, []

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Uzbekistan Seeking Private Developers for 400 MW Solar Projects

The Ministry of Energy of Uzbekistan has invited EoI from private developers to build and operate two solar projects worth 400 MW capacity in the country. The Ministry of Energy of Uzbekistan has invited expression of interest (EoI) from private developers to build and operate two solar projects worth a combined 400 MW capacity in []

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Energy Storage to Accelerate Global Energy Transition: WoodMac

The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according []

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Trina Solar Exceeds 10 GW Mark for Global Module Shipments in 2019

The global solar PV module shipments for Trina Solar passed a new milestone in 2019, topping 10 GW for the year, according to new data. The global solar PV module shipments for Trina Solar passed a new milestone in 2019, topping 10 GW for the year. According to the 2019 module shipment ranking released by []

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