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Investment in energy efficiency, renewables and electricity grids can generate 9 million jobs over 3 years: Fatih Birol, Executive Director, IEA

Electricity grids, building renovation and modernisation along with energy efficiency and renewables can create 9 million jobs globally in next 3 years, Birol said. New Delhi: The global investment in energy efficiency, renewables and electricity grids can generate around 9 million jobs over the course of three years, according to Fatih Birol, Executive Director, International […]

L&T Construction wins contracts for power transmission & distribution business in Bangladesh

Won’t take long for clean energy investments to rebound: Fatih Birol, IEA

Replying to questions by ETEnergyWorld at the launch of IEA’s latest report, Birol said government policies will be critical for investments to come back on track New Delhi: It will not take too long for the world to come out of the historic 20 per cent fall in global clean energy investments, according to Fatih […]

Jinchen signed a large order with WAAREE for 3GW high-efficiency photovoltaic module production line

Covid-19 intensifies need to expand sustainable energy solutions

This includes a notable reduction in the number of people worldwide lacking access to electricity, strong uptake of renewable energy for electricity generation, and improvements in energy efficiency New Delhi: Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable and modern energy by 2030 […]

L&T Construction wins contracts for power transmission & distribution business in Bangladesh

COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA

This would be the largest drop in global energy investment in history, with spending expected to plunge in every major sector from fossil fuels to renewables, and efficiency New Delhi: Global energy investments are set to nosedive by 20 per cent, or about $400 billion, as compared to last year due to the COVID-19 crisis, […]

Jinchen signed a large order with WAAREE for 3GW high-efficiency photovoltaic module production line

India’s solar PV installations to fall by 23 per cent in 2020: IEA

IEA said that it expects a 6 per cent year-on-year decline in demand in 2020, further worsening discoms with already challenging finances New Delhi: India’s solar photovoltaic (PV) deployment is set to decrease by 23 per cent in 2020 as compared to 2019, with the largest drop anticipated in distributed PV installations, according to a […]

L&T Construction wins contracts for power transmission & distribution business in Bangladesh

Around 1,000 GWh of battery manufacturing capacity needed to meet global EV target by 2025

The agency added the world’s capacity to make battery cells has expanded rapidly in recent years and currently manufacturing operations globally can produce around 320 GWh of batteries per year for use in electric cars New Delhi: The world needs battery manufacturing capacity of 1,000 Gigawatt hour (GWh) per year by 2025 to meet the […]

GM Canada reaches $1B tentative deal for electric vehicle manufacturing at Ingersoll CAMI plant

COVID-19: Post-crisis clean energy progress will need reliable supplies of critical minerals, says IEA

  According to the IEA study, clean energy technologies generally require more minerals than fossil fuel-based counterparts. An onshore wind plant requires eight times as much minerals as a gas-fired plant of the same capacity New Delhi: The global clean energy sector would require a reliable supply of critical minerals to continue a smooth progress after the COVID-19 crisis, […]

Jinchen signed a large order with WAAREE for 3GW high-efficiency photovoltaic module production line

No apologies: Africans say their need for oil cash outweighs climate concerns

A handful of protesters on the ground floor of the cavernous Cape Town International Convention Centre spread fake oil on the ground and chanted, demanding an end to fossil fuels. Two floors above, the hundreds of delegates at Africa Oil Week were largely unaware – and mostly unmoved – by the display. “Under no circumstances […]

Siemens Energy to drive the development of green hydrogen economy in the Middle East

RPT-Cheaper solar power gains ground in southeast Asia

Southeast Asia is accelerating plans to harness energy from the sun in coming years as the cost of generating electricity from some solar power projects has become more affordable than gas-fired plants, officials and analysts said. The region, where power demand is expected to double by 2040, is striving to expand the share of renewable […]

China’s 2020 power consumption grows 3.1 per cent despite COVID-19 disruption