-
Covid-19 to Wreck Economics of New Solar, Wind Projects
While the impact of the Covid-19 pandemic on the renewable energy market is still not clear, Norwegian consultancy Rystad Energy says that new solar and wind projects will grind to a halt in 2020, creating a ripple effect in the years to come, as currencies throughout the world continue to slide against the US dollar.
- Categories
- Coronavirus, Energy
- Tags
- renewable energy
-
Report: Global Renewables Expansion in 2020 Will Be ‘Wiped out’ by COVID-19
A Norwegian analyst group calculates growth in newly commissioned renewables projects will now be “wiped out” for 2020 and cut by a further 10% next year, reversing its pre-Covid-19 expectation of some 140GW of PV and 75GW of wind capacity being added this year.
- Categories
- Coronavirus, Energy
- Tags
- renewable energy
-
Off-Grid Energy Investment at $2.1 Billion in the Last Decade: Wood Mackenzie
Wood Mackenzie estimates 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total volumes still fall short of the total estimated financing needed to reach universal electricity access globally by 2030.
- Categories
- Energy
- Region
- South Asia
-
Umeme Kicks Off a Global Partnership Pilot to Identify New Approaches to Clean Energy Access in Uganda
Umeme Limited, Makerere University, The Rockefeller Foundation, and Power for All – a global charity dedicated to accelerating the end of energy poverty – and a coalition of energy companies launched an integrated energy pilot to test new ways of accelerating energy access, stimulating customer demand and improving grid performance in Uganda that will primarily benefit poor and rural areas.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
Africa Grapples with Clean Energy Conundrum
Africa is both the world's least electrified continent and the most vulnerable to climate change - the conundrum is how to meet the demand for energy without making the climate situation worse.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
-
Press Release: Off-Grid Solar Energy Sector Ready to Step Up Efforts Towards Sustainable Energy
More than 1,250 participants from 75 countries attending this year’s Global Off-Grid Solar Forum and Expo (GOGSFE) in Nairobi called for more collaboration and investments to provide sustainable energy for the 840 million people currently living without electricity and an estimated 1 billion people who live with weak grid connections.
- Source
- Press Release
- Categories
- Energy
-
New Partnership to Drive Off-Grid Solar Energy Enterprises in Africa
VentureBuilder and the United States African Development Foundation (USADF) have announced their partnership to support the development of off-grid solar energy enterprises that can meet the demands of underserved populations in Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
-
What Is Preventing the Adoption of Renewable Energy in Rural India, and How to Fix It?
In the hinterland, poor power quality continues to affect service delivery organisations in the health, education, and livelihood sectors.
- Categories
- Energy
- Region
- South Asia
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.