In Short : According to the International Energy Agency (IEA), India is expected to continue relying on coal to meet its growing electricity demand through 2026. Despite efforts to increase renewable energy capacity, the IEA’s projections indicate that coal will remain a significant part of India’s energy mix in the near term. This underscores the […]
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28 – EQ
In Short : The extensive growth in renewable power sets the stage for achieving the ambitious global tripling goal established at COP28, signaling a pivotal step toward a sustainable energy future and addressing climate challenges on a significant scale. In Detail : World added 50% more renewable capacity in 2023 than in 2022 and next […]
IEA working to cut renewable energy costs in developing world – EQ
In Short : The International Energy Agency (IEA) is actively working to reduce renewable energy costs in the developing world. This effort underscores a commitment to making sustainable energy more accessible and affordable, aiming to accelerate the global transition towards renewable sources and mitigate climate change impacts. In Detail : The International Energy Agency (IEA) […]
India to meet half of electricity needs via non-fossil by 2030: IEA – EQ
In Short: India aims to meet half of its electricity needs through non-fossil fuel sources by 2030, according to the International Energy Agency (IEA). This ambitious target aligns with India’s commitment to combating climate change and transitioning to a more sustainable energy future. The country has been rapidly expanding its renewable energy capacity, including solar, […]
18 pc electricity generated in India to be solar by 2030: IEA – EQ
In Short : The International Energy Agency (IEA) has projected a significant growth in solar energy generation in India. According to their estimate, approximately 18% of the electricity generated in India will be from solar sources by 2030. This forecast indicates a substantial increase in the country’s solar capacity, reflecting India’s commitment to renewable energy […]
Climate goals need clean energy surge in Global South: IEA – EQ Mag
PARIS: Financing for clean energy in developing and emerging economies excluding China must increase seven-fold within a decade if global warming is to be capped at tolerable levels, the International Energy Agency said Wednesday. To keep Paris climate temperature goals in play, annual investment for non-fossil fuel energy in these countries will need to jump […]
Annual clean energy investments will need to more than triple from $770 bn: Report – EQ Mag
Paris : Annual clean energy investments in emerging and developing economies will need to more than triple from $770 billion in 2022 to as much as $2.8 trillion by the early 2030s to meet rising energy needs and align with the climate goals set out in the Paris Agreement, a new report released by the […]
Oman’s huge renewable hydrogen potential can bring multiple benefits in its journey to net zero emissions – EQ Mag
Oman’s high-quality renewable energy resources and vast tracts of available land make it well placed to produce large quantities of low-emissions hydrogen – a fledgling industry today that can attract investment to diversify and expand the country’s export revenues while reducing its natural gas consumption and emissions, according to a new IEA report released today. […]
675 million people worldwide without electricity: report – EQ Mag
A full 675 million people worldwide still lack access to electricity, mainly in sub-Saharan Africa, according to a report published Tuesday by several international organisations. Despite significant efforts and some progress, the world continues to face a dramatic energy access gap, according to the report by the International Energy Agency (IEA), the International Renewable Energy […]
Getting to know EV charging infrastructure – EQ Mag
Global EV sales are set to jump 35% this year, meaning 14 million more EVs on the road There are 2.7 million public charging points for EVs globally, though availability varies significantly The EV charging infrastructure market is expected to soar at a CAGR of 31.02% between 2023 and 2030 Whenever we check in on […]
