International Energy Agency

The International Energy Agency’s (IEA) latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolyzers, and heat pumps will rise from $700 billion in 2023 to more than $2 trillion by 2035.

The International Energy Agency says renewables are on course to meet almost half of global electricity demand by 2030, with solar accounting for 80% of the growth in capacity.

The International Energy Agency’s (IEA) latest report warns that failing to support integration at the point of deployment could jeopardize up to 15% of solar and wind projects by 2030. This shortfall would reduce their combined share of the global electricity mix by 5%.

African governments are being encouraged to leave fossil fuels untapped in return for Just Energy Transition Plan (JETP) finance. Can these new financing plans from Western governments achieve their ambitious aims?

The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year.

The world’s reliance on the internet, the shift to cloud computing, and the emergence of AI all fuel demand for more and more data centers. The International Energy Agency (IEA) projects that by 2026, data centers will consume more than 800 TWh annually, more than double their consumption in 2022. Tristan Rayner takes a look at the role that renewable generation plays in powering a digital world.

With ambitious decarbonization targets and a favourable regulatory landscape, Portugal is an appealing market for renewable energy developers and producers. Like other European markets, however, Portugal’s clean energy industry faces challenges related to permitting, grid connection, and the availability of remuneration schemes – hurdles which threaten to slow the country’s energy transition.

Rather than pondering the introduction of trade measures against solar imports, Europe should be pragmatic about its short-term reliance on Asian panels while moving now to nurture and incentivize a domestic supply chain of the future.

Tripling clean energy generation capacity to 11 TW by 2030 was a leading pledge from the United Nations’ (UN) climate change conference in Dubai. With few details about infrastructure and energy storage and no clear PV targets, however, it is hard to judge the effectiveness of the 28th global Conference of the Parties (COP) meeting. Angela Skujins considers possible impacts for the solar industry.

A latecomer to the European PV party, Romania’s embrace of clean energy means it is perfectly placed to ride the wave of urgently ramped grid investment being rolled out by the European Union.