IRENA calls 16.4% annual renewable growth to hit COP28 targets
Statistics from the International Renewable Energy Agency (IRENA) shows that if the world were to continue with a 14% annual growth rate in renewables capacity, as seen in 2023, it will fall 1.5 TW short of meeting deployment targets set at COP28.
Cliantech Solutions to supply 1.2 GW automated production line for Alpex Solar
Cliantech Solutions says it will install a 1.2 GW,Cliantech to supply 1.2 GW automated production line for Alpex Solar
fully automated solar panel production line for Alpex Solar’s new factory in India.
UK flexibility service set for year-round commercial rollout
Electricity system operator (ESO) plans to expand Demand Flexibility Service, financially rewarding consumers and businesses in Great Britain for reducing consumption at times of peak demand.
German startup offers plug-and-play 2.46 kW PV system
Wattando has developed a new rooftop PV solution that can be easily connected to a household’s power network via an AC connection. The system uses existing infrastructure and reportedly reduces installation work and time.
IRENA calls for investment in small island nations
The International Renewable Energy Agency (IRENA) discussed the financing landscape for small island developing states (SIDS) and mechanisms to accelerate the energy transition at the United Nations 4th International Conference on Small Island Developing States.
Maxvolt secures $1.5 million for lithium battery plans in India
Maxvolt Energy Industries has raised $1.5 million from angel investors to accelerate its lithium-ion battery R&D efforts, enhance production capacity, and expand market reach.
Eurasian Development Bank to finance 300 MW of solar in Kyrgyzstan
The Eurasian Development Bank has agreed to provide $210 million over 15 years for Bishkek Solar to build a 300 MW solar plant in Kyrgyzstan. National Electric Grid of Kyrgyzstan will purchase the electricity for a period of 25 years.
Energy security in renewables-based systems
A new report from the International Renewable Energy Agency (IRENA) examines the global energy system’s transformation and its implications for energy security. It tells policymakers that energy security in renewables-based systems will require multi-dimensional thinking.
IRENA’s 14th assembly underscores role of geopolitics, urgent need for action
The 14th assembly of the International Renewable Energy Agency (IRENA) last week in Abu Dhabi underscored the centrality of geopolitics and security in the current global energy landscape. The gathering also called for greater action to achieve the COP28 target of tripling renewables deployment by 2030.
IRENA says solar capacity rose by 345.5 GW in 2023
The International Renewable Energy Agency (IRENA) says developers installed 345.5 GW of solar throughout the world in 2023. China mainly drove the surge, accounting for nearly three-quarters of all new renewable energy, but IRENA says more equitable growth will be needed to hit 2030 deployment targets.
