With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase in new renewable capacity ever, a new report by the International Energy Agency has shown. Global additions of renewable power capacity are expected to jump by a third this year as growing policy momentum, higher […]Read More
Global wind turbine order intake hit a new first quarter record, with 23.5 gigawatts (GW) of activity, a 27 percent increase year-over-year, according to a new analysis from Wood Mackenzie. Activity was driven by a new Q1 record set in China (15.2 GW), record Q1 growth in Latin America (1.7 GW) and the US jumping […]Read More
Today, the International Renewable Energy Agency (IRENA), in collaboration with the Government of Barbados and other key stakeholders, launched a conference aimed at accelerating energy transition investments in the Caribbean. The event, inaugurated by IRENA Director-General Francesco La Camera and Barbados Senior Minister and Minister of Foreign Affairs and Foreign Trade Kerrie Symmond, gathers over […]Read More
Global investment in clean energy is on course to rise to $1.7 trillion in 2023, with solar set to eclipse oil production for the first time, according to a new report by the International Energy Agency (IEA). The Agency said that investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability […]Read More
Goddy Jedy-Agba, minister of state for power has called for reforms in the Rural Electrification Agency (REA), urging the Federal Government to support the agency because of its enormous potential. According to the minister, the REA has performed well, having impacted several rural communities in all six geo-political zones. Jedy-Agba, who expressed confidence in the […]Read More
The Renewable Energy Association of Nigeria (REAN) and Odyssey Energy Solutions, have signed an agreement to make solar equipment procurement more efficient and cost-effective for solar companies operating in Nigeria. The association made this known in a statement signed by Ayo Ademilua, president of REAN and made available to the News Agency Of Nigeria (NAN) […]Read More
Global investments in renewable energy transition technologies have reached an all-time high, totaling $1.3 trillion by 2022. According to the research “Global Landscape of Renewable Energy Financing 2023,” the new record-high increased by 19% from 2021 investment levels and 50% from before the epidemic in 2019. The International Renewable Energy Agency (IRENA) and the Climate […]Read More
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