Doubling the share of renewables in the global energy mix to 36% by 2030 could save the world economy up to $4.2trillion a year, according to new research by the international Renewable Energy agency (IRENA).
South Africa and Saudi Arabian ACWA Power IPO-ACWA has launched a $328million solar power plant in the Northern Cape province as it looks to expand its power supply while reducing reliance on coal.
The Japanese solar market has grown significantly in the past few years as it races to meet the government’s goal of achieving 53 GW of solar PV capacity by 2030.
Electricity generating facilities expect to add more than 26 gigawatts (GW) of utility-scale generating capacity to the US power grid during 2016, according the country's Energy Information Administration.
Skytron said it has been chosen to provide monitoring and supervision for a number of solar power plants in Japan.
First Solar has won a contract to help power the Otjozondjupa Solar Park in Namibia.
Statoil confirmed it was on the hunt for renewables firm to invest in.
Florida may be nicknamed the Sunshine State, but when it comes to solar power, California comes out on top in the US.
Renewables firm Welink Global has signed a £1.1billion agreement with a Chinese firm to develop solar power projects and energy-efficient housing in the UK
Scotland’s solar power capacity went up by more than a quarter over the past year, new figures show. WWF Scotland and the Solar Trade Association, which jointly published the statistics, welcomed the expansion, and called for the Scottish Government to encourage even greater uptake of the technology.
Drastic cuts to solar subsidies are damaging investor confidence, MPs have warned in a letter to the Government.
The Government has been accused of “huge, misguided cuts” to clean energy after it announced reductions of almost two-thirds to subsidies for solar panels on homes.
The Government is expected to announce key decisions on solar power and fracking, amid warnings ministers are “unravelling” policies on clean energy. The latest round of licences for shale gas exploration are set to be unveiled, in the wake of a vote by MPs to allow controversial fracking for the fossil fuel under national parks and other protected areas. And a final decision will be made on cuts to small-scale renewables subsidies after ministers proposed dramatic reductions of 87% for domestic solar schemes.
Renewables are beating fossil fuels on cost in island nations from the Pacific to the Caribbean, where governments are seeking to limit their exposure to volatile market prices. “We’re so far-flung from the sources of fossil fuels that by the time they reach us, with all the shipping, you pay a substantial cost,” said Tommy Remengesau, the president of Palau, whose nation is located almost 1,000 miles (1,600 kilometers) east of the Philippines in the Pacific Ocean. “It’s an economic advantage for us to go for renewables.”
Britain will go to climate talks in Paris with the biggest gap between current renewable energy usage and 2020 targets of any European country, Jeremy Corbyn has claimed.
A Government “assault” on Britain’s clean energy industries must come to an end because it is putting thousands of jobs at risk, the shadow energy secretary has warned.
Apple has confirmed its expanding operations in Singapore will be powered by solar energy as it zeroes in on its 100% renewable target.
Aberdeen Asset Management has completed the installation of 1,000 solar panels on an investment property it owns in North London. The Aberdeen investment firm said the installation at the materials recycling facility (MRF) will provide an estimated 225,000 kilowatt hours (kWh) of electricity to tenant Biffa Waste Services, saving around 20 tonnes of carbon dioxide (CO2) annually.
A new solar farm could provide clean power to more than 1,300 homes - if it beats the Government's tax relief deadline at the end of the month.
Sena Development said it aims to boost its solar power capacity to 100 megawatts (MW) over the next three years in a bid to boost its renewable energy profits. The company is among several Thai companies which is looking to diversify into solar energy, with the government aiming to boost its capacity to 6,000 MW in the next two decades. As part of the move, a new subsidiary has been set up called Sena Solar Energy, which has a registered capacity of $14million.
A campaign to boost household solar energy to help some of Africa’s 620 million people without electricity has been launched by the UK Government.
Renewables are bringing down the wholesale cost of electricity, reducing the impact of clean power subsidies on consumer bills, according to research.
Support for solar power which would add just £1 to bills by 2019 could save thousands of at-risk jobs and help the popular energy source become subsidy free, the industry has said. The Government has announced plans to cut subsidies for small-scale arrays of rooftop solar panels by 87%, which it says is necessary to stop renewables support costs spiralling out of control. But the Solar Trade Association (STA) has warned the move could cost up to 27,000 jobs, and waste public money already spent on supporting the technology.
Another solar company has gone out of business, blaming the Government for “killing off” support for the industry.
Green energy sources such as solar, biomass and heat pumps should be rolled out to help cut consumer heating bills, according to Scottish Renewables.