Turkey, Cyprus, North Macedonia post stellar 2020 result in new renewables
There was 261 GW of new renewables in the world in 2020 or 45.1% more than in the previous year, led by solar and wind power
IRENA: Albania’s cost-effective solar and wind potential is estimated at more than 7 GW
IRENA says Albania could significantly improve energy security and resilience to climate change by tapping on solar and wind potentials.
Investments of USD 131 trillion needed by 2050 to limit global warming
IRENA says planned investments in green energy and new solutions must jump 30% to USD 131 trillion to hold the rise in temperature under 1.5 degrees
IRENA, IHA promote role of sustainable hydropower on path to climate goals
IRENA and IHA argue sustainable hydropower should be incentivized due to its importance for the carbon neutrality push
IRENA: Renewables can meet 34% of demand in Central, Southeastern Europe
If countries in Central and Southeastern Europe shift to a higher gear in the expansion of renewable energy, they will avoid as much as EUR 35 billion in damage to health and the environment per year by 2030, IRENA claims in a study, adding green energy has the potential to fulfill 34% of demand. The […]
IRENA: Renewables increasingly cheaper than coal competitors on cost
IRENA found 56% of renewable capacity added last year achieved lower electricity costs than new coal power plants. Furthermore, by the end of 2021 it would be cheaper to build new photovoltaic facilities than to keep running active coal power plants of as much as 1.2 TW, more than half of the world total. New […]
Energy Progress Report: SDG7 is not to be reached by 2030
Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, Tracking SDG 7: The Energy Progress Report reveals. It was released today by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), […]
EBRD supports Western Balkans in decarbonizing district heating and cooling systems, improving energy efficiency in buildings
Renewable energy sources can be used in district heating and cooling systems without increasing citizens’ energy bills or heating plants’ and local governments’ costs, while at the same time significantly contributing to the quality of the environment, primarily by reducing air pollution, says Bojan Bogdanović, Principal Fund Manager for Renewable District Energy in the Western […]