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Viewpoint: COVID-19 Could Spark A Renewable Energy Boom
The climate problem is not going away. Last month was tied for the warmest April on record globally, and 2020 is on track to be the warmest year ever. Larger and more frequent natural disasters are increasingly likely to happen.
- Categories
- Coronavirus, Energy
- Tags
- renewable energy
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Will The Low Oil Price Dent The Prospects For Renewables?
There are a number of reasons why this time may be different to previous oil slumps.
- Categories
- Energy
- Tags
- renewable energy
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Keeping the Lights On: How PAYGo Solar Can Offer Customer Relief During COVID-19
Off-grid solar delivers essential energy to millions of people, helping make households, business and institutions more resilient to the COVID-19 crisis. But as analysts at BFA, CGAP and GOGLA explain, the pandemic threatens the industry, particularly its very successful pay-as-you-go business model. They explore how companies could enable customers to continue using their solar home systems during the pandemic, with reduced – or even without – customer payments.
- Categories
- Coronavirus, Energy
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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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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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From the Fringe to the Center: Assessing the State of the Off-Grid Appliance Market in 2020
Energy access is about much more than connecting households to the grid, or getting them a rooftop solar panel. People also need access to life-changing appliances. But as Jenny Corry Smith at CLASP and Michael Tsan at Dalberg Advisors explain, these appliances still aren't reaching many households in rural sub-Saharan Africa. They share key insights from the new State of the Off-grid Appliance Market Report on how the sector can address this growing priority.
- Categories
- Energy