While Africa has emerged as a dynamic, fast-moving hub, Asia leads in capacity deployment with its total capacity more than tripling to nearly 4.3 GW in 2017 from 1.3 GW in 2008, finds IRENA. Particularly, in India, a strong policy has pushed deployment of off-grid solar for agriculture and public end-uses.
The Japanese government is steadily working toward the release of the country’s fifth strategic energy plan, but it needs to work with the private sector more effectively to promote the deployment of solar over the coming decades, according to a new report.
Residential solar installations have almost trebled in Ho Chi Minh City in the past nine months, in line with the Vietnamese government’s recently announced aim for solar arrays to be installed on 26% of the country’s homes by 2030.
Despite its huge potential in the region, solar PV has hitherto gained little traction in Central Asia. In Kazakhstan, two utility-scale PV projects have been realized, and a few are in the pipeline for Uzbekistan as it begins to attract international investors. But many challenges on the policy level have yet to be overcome.
According to figures released by the International Renewable Energy Agency (IRENA), there are more than 10 million people working in the renewable energy industry. In 2017 alone, the sector added more than 500,000 jobs globally, up 5.3 % from 2016, with solar PV the biggest employer.
In the latest edition of its long-term renewable energy outlook, IRENA calls for at least six-fold deployment of renewables by 2050, compared to the levels set out in current plans. Investment in low-carbon technologies needs to grow by around 30% to US$120 trillion to enable the energy transition and avoid escalating stranded assets, the report finds.
With its growing population and rapidly increasing energy needs, Pakistan’s energy security is undermined by the overriding share of imported fossil fuels in its energy mix. But, by turning to its untapped, tremendous solar, wind and biomass potential, the South Asian country could spur social and economic development, while improving energy access, says IRENA.
According to the latest statistics from the International Renewable Energy Agency (IRENA), global renewable energy (RE) generation capacity hit 2,179 GW last year. Leading the charge were renewable hydro, onshore wind and solar PV.
The 10 members of the Association of Southeast Asian Nations (ASEAN) are on track to make solar and other renewables account for 23% of the region’s total primary energy supply (TPES) by 2025, but governments will need to create better policy and investment frameworks to make it happen, according to the International Renewable Energy Agency (IRENA).
Under the REmap case study for the EU, presented by the International Renewable Energy Agency (IRENA) in its latest report, solar PV and wind power will account for the bulk of capacity additions in the power sector by 2030. The potential identified for solar PV amounts to 270 GW, an 86 GW increase on the business as usual scenario.
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