People Without Electricity Set to Increase in 2022 for First Time in Decades

People Without Electricity Set to Increase in 2022 for First Time in Decades

The number of people living without electricity is set to rise by nearly 20 million in 2022, reaching nearly 775 million, finds International Energy Agency’s (IEA) latest data. The agency ...
CO2 Emissions from Fossil Fuels Drop Globally Due to Expansion of Renewables: IEA

CO2 Emissions from Fossil Fuels Drop Globally Due to Expansion of Renewables: IEA

Carbon dioxide (CO2) emissions from fossil fuel combustion globally are expected to grow by just under 1% this year as the strong expansion of renewables and electric vehicles prevent a ...
MasTec to Acquire Infrastructure and Energy Alternatives for $1.1 Billion

MasTec to Acquire Infrastructure and Energy Alternatives for $1.1 Billion

Renewable energy construction company MasTec is acquiring renewable energy and infrastructure services provider Infrastructure and Energy Alternatives (IEA) for $1.1 billion. MasTec will acquire all of the outstanding shares of IEA ...
Global Demand for EV Batteries to Rise to 3,500 GWh by 2030 IEA

Global Demand for EV Batteries to Rise to 3,500 GWh by 2030: IEA

Demand for electric vehicle (EV) batteries will increase from the current 340 GWh to over 3,500 GWh by 2030. The findings were published in the International Energy Agency’s (IEA) report, ...
Diversifying Global Production of Solar Modules Essential for Net-Zero Transition

Diversifying Global Production of Solar Modules Essential for Net-Zero Transition

Ensuring a secure transition to net-zero emissions will require increased efforts to expand and diversify the global production of solar modules, whose global supply chains are currently heavily concentrated in ...
/ / Markets & Policy, Solar
Global Energy Investments Set to Reach $2.4 Trillion in 2022 IEA

Global Energy Investments Set to Reach $2.4 Trillion in 2022: IEA

Global energy investment will increase by 8% in 2022 to reach $2.4 trillion, with the anticipated rise coming mainly in clean energy, according to World Energy Investment 2022 report published ...
/ / Finance and M&A, Other
Global Renewable Capacity Additions to Breach 300 GW Mark in 2022 IEA

Global Renewable Capacity Additions to Breach 300 GW Mark in 2022: IEA

Renewable capacity addition in 2022 is expected to grow by 8% and breach the 300 GW mark for the first time, according to a report published by the International Energy ...
Global Push for Energy Efficiency Critical for Net Zero by 2050 EP100 Report

Global Push for Energy Efficiency Critical for Net Zero by 2050: EP100 Report

The EP100, a global initiative led by the international non-profit Climate Group, recently published a ‘Progress and Insights’ report highlighting the importance of enhanced energy efficiency to achieve the net-zero ...
Sale of Electric Cars Doubled YoY in 2021 Globally Reaching 6.6 Million IEA

Sale of Electric Cars Doubled YoY in 2021 Globally Reaching 6.6 Million: IEA

The sale of electric cars more than doubled to 6.6 million in 2021 compared to 3 million in 2020, accounting for 9% of the global car market, International Energy Agency ...
/ / Electric Vehicles, Grid
Renewables to Account for 90% of the Global Power Capacity Increase in 2021 and 2022: IEA

Renewables to Account for 90% of the Global Power Capacity Increase in 2021 and 2022: IEA

Renewable energy is expected to account for 90% of the global power capacity increase in 2021 and 2022, according to International Energy Agency’s (IEA) Renewable Energy Market Updates – Outlook ...
/ / Other, Renewable Energy
Global Renewable Electricity Additions Set to Reach 290 GW in 2021: IEA

Global Renewable Electricity Additions Set to Reach 290 GW in 2021: IEA

Despite rising costs for critical materials used to make solar panels and wind turbines, almost 290 GW of new renewable power projects will be commissioned in 2021, a 3% year-over-year ...
/ / Other, Renewable Energy
Governments Worldwide Pledge $470 Billion for Clean Energy Measures IEA Report

Governments Worldwide Pledge $470 Billion for Clean Energy Measures: IEA Report

The International Energy Agency (IEA) has said governments worldwide had earmarked $470 billion as of October 2021 to clean energy measures as part of their economic response to the Covid-19 ...
/ / Finance and M&A, Other
Potential of Solar PV and Hybrids to Provide Ancillary Services: IEA Report

Potential of Solar PV and Hybrids to Provide Ancillary Services: IEA Report

Photovoltaic (PV) systems and hybrids need to take over more system responsibility by providing ancillary services since PV penetration is continuously growing, the International Energy Agency (IEA) has said in ...
/ / Markets & Policy, Solar
Renewables To Be the Primary Source for New Electricity Generation In 2050

Renewables to Be the Primary Source for New Electricity Generation in 2050

The U.S. Energy Information Administration’s (EIA) latest International Energy Outlook 2021 report suggests that if current policy and technology trends continue, global energy consumption and energy-related carbon dioxide emissions will ...
/ / Other, Renewable Energy
Augmenting Renewable Energy Integration Into the Grid

Augmenting Renewable Energy Integration Into the Grid: IEA Report

The policy think tank of the Government of India NITI Aayog and the International Energy Agency (IEA) has released a report ‘Renewables Integration in India 2021’ providing valuable suggestions for ...
/ / Other, Renewable Energy
IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030 (1)

IEA Expects Global Hydropower Capacity to Increase to 230 GW by 2030

Global hydropower capacity is expected to increase by 17%, or 230 GW, in the upcoming decade, the International Energy Agency (IEA) said in a recent report. In 2020, hydropower was ...
/ / Other, Renewable Energy
IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

IEA Expects Annual Global Energy Investments to Hit $1.9 Trillion in 2021

The International Energy Agency (IEA) has released its latest report on ‘World Energy Investment 2021’. According to the report, the annual global energy investment is set to rise to $1.9 ...
/ / Other, Renewable Energy
Renewable Capacity Additions Rose by 45% in 2020 Globally Despite Pandemic: IEA

Renewable Capacity Additions Rose by 45% in 2020 Globally Despite Pandemic: IEA

The International Energy Agency (IEA) has published its analysis on the renewable energy sector for the calendar year 2020. The report Renewable Energy Market Update 2021 also offers a global ...
India’s Solar Market to Recover Rapidly in 2021_ IEA Report

India’s Solar Market to Recover Rapidly in 2021: IEA Report

The International Energy Agency (IEA), in its Global Energy Review 2021, has said that India’s solar photovoltaic (PV) market is expected to recover rapidly in 2021, after experiencing a significant ...
/ / Other, Renewable Energy
Site-Specific Information Critical in Yield Assessment for Solar Projects_ Report

Site-Specific Information Critical in Yield Assessment for Solar Projects: Report

The International Energy Agency (IEA), in its IEA Photovoltaic Power System (PVPS) Task 13 report, has said that the main challenge in long-term yield assessment for solar energy projects is ...
/ / Markets & Policy, Solar
Solar Energy to Equal Coal's Share in India's Power Mix by 2040_ IEA

Solar Energy to Equal Coal’s Share in India’s Power Mix by 2040: IEA

India is expected to see the largest increase in energy demand globally over the next two decades and will overtake European Union as the third-largest energy consumer by 2030, the ...
/ / Markets & Policy, Solar
Daily News Wrap-Up_ Tata Power Solar to Build a 95 MW Solar Project for GSECL

Daily News Wrap-Up: Tata Power Solar to Build a 95 MW Solar Project for GSECL

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar has received a 'Letter of Award' to build a 95 MW of ground-mounted solar ...
/ / Other, Renewable Energy
China and India Poised to Lead Global Electricity Demand in 2021_ IEA Report

China and India Poised to Lead Global Electricity Demand in 2021: IEA Report

After experiencing its most significant decline in decades, global electricity demand is expected to rebound modestly next year, led by China, India, and other emerging economies, according to a new ...
/ / Grid, Market & Policy
Centralized Databases Help Countries Track Distributed Solar Projects

Centralized Databases Help Countries Track Distributed Solar Projects

The past few years have seen rapid growth in the distributed energy resources (DER), and this has also brought to fore the challenges in power system management. In its latest ...
/ / Markets & Policy, Solar
India Will Lead The Renewable Energy Upswing in 2021_ IEA Report

India Will Lead The Renewable Energy Upswing in 2021: IEA Report

The International Energy Agency's (IEA) latest report 'Renewables 2020' forecasts the impact of COVID-19 on the renewable sector. According to the report, the renewables used for generating electricity will grow ...
/ / Other, Renewable Energy