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Report: Renewable Energy Can Support Resilient and Equitable Recovery
The Global Renewables Outlook examines building blocks of an energy system along with investment strategies and policy frameworks needed to manage the transition. It explores ways to cut global CO2 emissions by at least 70 per cent by 2050. Furthermore, a new perspective on deeper decarbonisation shows a path towards net-zero and zero emissions. Building on five technology pillars, particularly green hydrogen and extended end-use electrification could help replace fossil-fuels and slash emissions in heavy industry and hard-to-decarbonise sectors.
- Categories
- Energy
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African Cleantech Deals Stand Over Regular VC Funding Like A Familiar Solar Tower
In a report released last November, the International Energy Agency predicted a sun-enabled boom in countries across the continent. This forecast could provide hundreds of millions of African homes with clean electricity for the first time.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Southeast Asia’s Renewable Energy Transition Likely to Take Hit From COVID-19: Experts
Southeast Asian nations already struggling to meet climate change targets will find those goals further from reach, with the unprecedented health emergency becoming the principal priority and a major economic burden.
- Categories
- Coronavirus, Energy
- Region
- Asia Pacific
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Viewpoint: Power in a Pandemic – Why Energy Access Matters During Coronavirus
Reliable, affordable electricity is needed to keep people connected at home and to run life-saving equipment in hospitals.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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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
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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
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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
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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