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IEA: Global energy investments set to recover in 2021 but remain far from a net zero pathway

IEA: Global energy investments set to recover in 2021 but remain far from a net zero pathway

Illustration: IEA


Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last ye...

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Renewable electricity expanded at fastest pace in two decades - IEA

Renewable electricity expanded at fastest pace in two decades - IEA

Photo: Bloomberg LP


Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and ar...

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Solar and wind are leading fastest energy transition the world has seen

Solar and wind are leading fastest energy transition the world has seen

Photo: Getty


Arguably, the fastest change in global energy systems in history is underway. In 2020, new solar photovoltaics (PV) and...

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World adds record new renewable energy capacity in 2020

World adds record new renewable energy capacity in 2020

Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from th...

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Report
New report finds investing in renewable energy is far better bet than fossil fuels

New report finds investing in renewable energy is far better bet than fossil fuels

Photo: Pixabay


A decline of investment in fossil fuels is on the cards, as show in a 27 March 2021 Read more

Invest $131 trillion in clean energy by 2050 to hit climate goals, agency says

Invest $131 trillion in clean energy by 2050 to hit climate goals, agency says

Planned investment in clean energy must increase by 30% to a total of $131 trillion by 2050 to avert catastrophic climate change, with the need to mas...

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Study on calculating 2030 energy, climate targets for Energy Community

Study on calculating 2030 energy, climate targets for Energy Community

The European Commission has launched a tendering procedure for a study aimed at extending the EU’s modelling capacities to the contracting parties for...

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Field test of Switzerland's first local electricity market concluded.

Field test of Switzerland's first local electricity market concluded.

Households in the world are increasingly producing their own solar electricity. The legal framework stipulates that they can use it but also sell it t...

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Tech giants power record surge in renewable energy sales.

Tech giants power record surge in renewable energy sales.

The world’s biggest tech companies fuelled a record surge in the amount of renewable energy sold directly to global corporations last year, according ...

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Report
‘Renewables must grow four times faster to ensure sustainable future’.

‘Renewables must grow four times faster to ensure sustainable future’.

The share of renewables in the global energy mix must more than double by 2030 for the world to advance the energy transition and achieve sustainable ...

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The world will add 142 GW of new solar this year.

The world will add 142 GW of new solar this year.

However, with the forecast resorting to comparing the prediction to the figures recorded a decade ago, a glance at the individual market expectations ...

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Report
EU solar boom: over 100% solar market increase in 2019.

EU solar boom: over 100% solar market increase in 2019.

SolarPower Europe’s first EU Market Outlook for Solar Power shows that 2019 was one of the best solar years on record for the European Union, with 16....

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Public discussion on setting a marginal price for concluding of transactions on the balancing energy market.

Public discussion on setting a marginal price for concluding of transactions on the balancing energy market.

The Energy and Water Regulatory Commission held a public discussion in connection with a draft decision about setting a marginal price for concluding ...

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Report
IRENA outlines a bright future for solar photovoltaic.

IRENA outlines a bright future for solar photovoltaic.

Reducing carbon dioxide (CO2) emissions is at the heart of the world’s accelerating shift from climate-damaging fossil fuels towards clean, renewable ...

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EU Bank launches ambitious new climate strategy and Energy Lending Policy.

EU Bank launches ambitious new climate strategy and Energy Lending Policy.

The EIB will end financing for fossil fuel energy projects from the end of 2021. Future financing will accelerate clean energy innovation, energy effi...

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Commission publishes 4th list of Projects of Common Interest – making energy infrastructure fit for the energy union.

Commission publishes 4th list of Projects of Common Interest – making energy infrastructure fit for the energy union.

Today, the European Commission adopted the fourth list of Projects of Common Interest (PCI) for implementing cross-border energy infrastructure in the...

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Report
Driven by Solar Installations, IEA Projects Global Renewable Energy Capacity to Rise by 50% in 5 Years.

Driven by Solar Installations, IEA Projects Global Renewable Energy Capacity to Rise by 50% in 5 Years.

Driven by projections of "spectacular" growth in the solar power market, global renewable energy capacity could increase by 50 percent in the next fiv...

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News
Renewable energy to power Beijing's new airport.

Renewable energy to power Beijing's new airport.

Renewable energy to power the newest airport in Beijing.The terminal building alone covers 700,000 sq km. It’s expected to become one of the busiest a...

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