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The Great Reset: 7 Environment and Sustainability Stories to Watch in 2021

2020 upended life as we know it. The coronavirus killed almost 2 million people and counting, while roughly 100 million people fell into extreme poverty. The world entered its worst recession since the second world war. Deep-rooted racial and economic injustices were exposed, while the  impacts of the pandemic itself fell disproportionately on communities of color. And these crises […]

ARE & TAREA sign MoU to support decentralised renewable energy businesses & market development in Tanzania

ARE & TAREA sign MoU to support decentralised renewable energy businesses & market development in Tanzania Brussels and Dar es Salaam: A Memorandum of Understanding (MoU) has been signed between the Tanzania Renewable Energy Association (TAREA) and the Alliance for Rural Electrification (ARE). The MoU sets out the shared goals of the two organisations to […]

Global Energy Perspective 2021

The Global Energy Perspective describes our view on how the energy transition can unfold, through four scenarios. The global energy landscape is going through major shifts We publish this long-term energy outlook at the start of 2021, after a year that has brought extraordinary challenges. The COVID-19 pandemic and subsequent economic crisis caused unprecedented disruption in the energy landscape—and the path to recovery   remains uncertain.  At the same time, the world’s energy systems are going through rapid transitions that   are triggered by simultaneous shifts in technological development, regulations, consumer preferences, and investor sentiments. Our Reference Case sheds light on these developments and provides a synthesis on how energy demand will evolve.  In […]

2021 Outlook: Trends In Renewable Sector

Government policies that stimulated market growth globally, including measures such as renewable portfolio standards, feed-in tariffs, and a variety of subsidies, accounted for about 60 percent of the overall cost decline. The world’s dependence on renewables is swiftly increasing as globally countries continue to invest heavily in cost-effective sustainable energy solutions. The last few years […]

Global Infrastructure Partners Announces Acquisition Of MAP® Energy’s Renewable Energy Business

NEW YORK: Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, today announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy (MAP®).  GIP’s fourth flagship fund, GIP IV, will acquire 100% of the MAP® RE/ES investment platform, team, and renewable energy assets under management from MAP®, a private fund manager and energy investor.  The […]

ACORE Commends Congress for Including Commonsense Emergency Relief Measures for the Renewable Sector in Year-End Spending and COVID Relief Legislation

WASHINGTON, D.C.: Congress has reached a bipartisan deal that contains important emergency relief measures for the renewable energy industry, including a two-year extension of the investment tax credit (important for solar power), a one-year extension of the production tax credit (important for wind power), and a new 30% investment tax credit for offshore wind projects […]