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No, the COVID-19 Pandemic Is Not Saving the Environment
The International Energy Agency says the world will use 6% less energy this year, the largest reduction in 70 years. But that won’t make up for losses from practices such as deforestation and wildlife poaching, he writes.BY
- Categories
- Coronavirus, Energy, Environment
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Press Release: Bboxx Unveils New Global Brand
Bboxx unveils new global brand as it celebrates its 10th birthday and gears up for the next phase of growth
- Categories
- Energy, Environment
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Crypto-enabled solar leasing platform Sun Exchange raises $3 million for expansion
Sun Exchange, the South African peer-to-peer, crypto-enabled solar leasing platform, has raised $3 million in fresh funding.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, startups
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Mexico Cites Virus in Slapping Down Renewable Energy
Industry associations said it will affect 28 solar and wind projects that were ready to go online, and 16 more under construction, with a total of dollar 6.4 billion in investments, much of it from foreign firms
- Categories
- Coronavirus, Energy
- Region
- Latin America
- Tags
- renewable energy
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Renewables in Focus to Revive Energy Sector as Economies Ease Lockdowns
A sudden slump in energy consumption due to worldwide lockdown caused by the COVID-19 had threatened the energy transition due to a plunge in oil prices. However, as predicted by COE-EDP clean energy and inward-looking policies are the focus of the reviving energy sector across economies in the post-lockdown period.
- Categories
- Coronavirus, Energy
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Agency Banking and Off-Grid Energy: Banking the Unbanked Through Solar
In rural Africa, off-grid renewable energy products are gaining momentum - but their upfront cost can make them inaccessible to low-income customers. Commercial banks have struggled to penetrate these markets, but Thelma Obiakor at the Centre for the Study of the Economies of Africa explains that this is now changing. Thanks to agency banking, financial services and solar companies are providing a bridge to both energy access and greater financial inclusion.
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Solar Costs Have Fallen 82% Since 2010
Between 2010 and 2019, the amount of global solar capacity rose from 40 GW to 580 GW, according to Irena – a growth factor of 14. During the same period, module prices fell 90% and balance of system (BoS) costs also decreased, if less steeply.
- Categories
- Coronavirus, Energy
- Tags
- renewable energy
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Viewpoint: Minigrids Are a Missing Piece of the Integrated Electrification Puzzle
Solar home systems are effective for rural households. But for hundreds of millions, minigrids may be lowest-cost path toward electrification.
- Categories
- Energy, Environment
- Tags
- renewable energy
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