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IEA

‘Solar is the new king of energy markets’

The advance of PV has been lauded by the International Energy Agency as it launched the latest edition of a flagship World Energy Outlook 2020 report overshadowed by the Covid-19 crisis and uncertainty over how long the economic recovery could take.

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EU on track for 2030 renewables target – but could do more

With the SolarPower Summit 2020 taking place this week, organizer SolarPower Europe has assessed the plans drawn up by member states would mean the bloc sourcing 33.1-33.7% of its energy from clean power by the end of the decade, with the help of 19 GW of new solar per year.

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RES4Africa outlines one-stop-shop program to de-risk investments in African renewable energy projects

RES4Africa’s plan to offer a one-stop-shop to tap consolidate all the European sources of funding for African renewables aims to de-risk investments in large-scale renewable energy projects in the continent. The 171-page report entitled “Scaling Up Africa’s renewable power” provides an update on the “renewAfrica Initiative” launched by the RES4Africa foundation together with a range of European stakeholders one year ago.

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Covid-19 weekly round-up: Q Cells has given a timely boost to EU solar as the clamor grows for a green recovery

Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.

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Have global carbon emissions peaked?

Accreditation institute DNV GL has made some astonishing carbon-related predictions as it prepares the next edition of its Energy Transition Outlook report. The Norwegian body says transport-related emissions have peaked and those of the iron and steel industries may well have too.

IEA report appears to acknowledge 2050 net zero may be beyond us

A study into the clean energy tech innovation rate required to keep global heating under control may suggest concepts such as lithium-air could yet keep us to the mid-century ambition, but it is also starting to contemplate the temperature rise to be expected if we only achieve net-zero by 2070.

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Israel prepares 800 MW of pumped hydro storage

Renewables company Ellomay Capital has been forced to reduce the scale of its planned 340 MW Manara Cliff project, in the north of the country, because two rival schemes have already gobbled up a large proportion of the capacity quota currently offered by the government.

Supply chain concerns will drive EV battery recycling policies

With electric vehicles starting to gain traction, the International Energy Agency’s updated, ten-year e-mobility forecast has suggested geopolitical and economic concerns will trump environmental niceties when it comes to encouraging recycling. But what price ever-cheaper batteries?

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Covid-19 weekly round-up: Ups and downs from the US residential market and one Swedish city tries to attract Europe’s best and brightest

Industry body SolarPower Europe is trying to stay bullish about the lingering effects as the continent starts to come out of lockdown and one analyst has predicted a healthy large scale solar market will carry the US through the crisis.

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Covid-19 weekly round-up: Predatory takeover fears, Ieefa takes aim at the IEA and diverse perspectives on e-mobility

Analysts appear divided on the effects the public health crisis will have on the EV market even as sales of petrol-engined SUVs soar in China. And Portugal is plowing on with its Covid-delayed national solar tender, an exercise which may help establish whether clean energy thinktank Ieefa is right to predict PV prices will continue to fall.

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