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tripling renewables target

To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019

Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […]

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China’s Target of 20% Renewables by 2030, Considerably Harder

Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications.  China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […]

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81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA

Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […]

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Long-Duration Energy Storage Needs To Touch 8 TW By 2040: Report

The world’s energy systems are not decarbonising quickly enough to meet global sustainability commitments, and immediate action must be taken to rapidly deploy long-duration energy storage (LDES) technologies to efficiently integrate the growing amount of renewable energy now coming online, according to a new report. The inaugural Annual Report from the Long Duration Energy Storage […]

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Clean Energy Projects Dominate In Nine BRICS Countries: Report

BRICS is set to hold its latest summit in Russia, marking the 16th annual summit for the association. The summit will take place from the 22nd to the 24th of October this year to discuss the burgeoning economic and global challenges faced by the countries. The summit also sets the stage to evaluate the changes […]

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Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project

NTPC Limited has now issued a tender seeking land to develop 600 MW of solar projects in the Dhule region of Maharashtra and the successful evacuation of the clean power from the region. The power behemoth has invited the bids from bidder with prior experience in execution for grid connected Solar PV Projects/Solar Parks or […]

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Key Global Policy Trends Accelerating the Renewable Energy Revolution

The transition to renewable energy is not just a technological shift; it’s a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy strategies. This blog outlines key policy trends driving renewable energy […]

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India’s Main Opposition Attacks A Modi Govt. Policy With Data And (Some) Science

For the last 10 years, India’s BJP run government’s renewable plans have gone mainly uncontested in the elections, in part due to the opposition parties’ distraction with other issues. Thus, after a better than expected show in the 2024 elections, it is good to see the main opposition,  the Congress party finally do its job […]

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