Renewable Energy Growth Rate Up 45% Worldwide In 2020; IEA Sees 'New Normal'
3 years, 8 months ago

Renewable Energy Growth Rate Up 45% Worldwide In 2020; IEA Sees 'New Normal'

NPR  

Renewable Energy Growth Rate Up 45% Worldwide In 2020; IEA Sees 'New Normal' Enlarge this image toggle caption Hector Retamal / AFP Hector Retamal / AFP Despite the pandemic, the growth rate in the world's renewable energy capacity jumped 45% in 2020, part of "an unprecedented boom" in wind and solar energy, according to a new report from the International Energy Agency. Sponsor Message The IEA predicts large capacity gains in renewable energy will become the "new normal" in 2021 and 2022, with increases similar to 2020's record total. The IEA says it revised its U.S. renewable energy forecast after Congress extended federal tax credits for solar and wind projects, as part of the spending bill lawmakers approved in late 2020. Sponsor Message Renewable energy sources "are expected to account for 90% of total global power capacity increases" this year and next, according to the agency, citing support from government policies and investments.

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History of this topic

Asia’s yawning renewables lead may onl
4 hours, 25 minutes ago

Asia’s yawning renewables lead may onl

Live Mint  

By Gavin Maguire LITTLETON, Colorado, Jan 15 - Asia has widened its renewable energy capacity lead over all other regions, adding a record 450,000 megawatts of new renewable capacity in 2024, according to data compiled by LSEG. That capacity addition dwarfs the roughly 109,000 MW added in Europe and the 93,000 MW added in North America last year, and cements …

Greener self-sufficient power grid prioritized
3 weeks, 6 days ago

Greener self-sufficient power grid prioritized

China Daily  

China is set to further enhance its energy self-sufficiency while expanding its renewable energy dominance in the coming years, said the National Energy Administration during a conference in Beijing on Sunday. The country's total power generation capacity stands at around 3.32 billion kilowatts this year, with electricity output reaching 10 trillion kilowatt-hours, up 5.7 percent year-on-year, it said. China continued …

China maintains high utilization rates of wind, solar power
4 weeks, 2 days ago

China maintains high utilization rates of wind, solar power

China Daily  

BEIJING -- China has maintained high utilization rates of wind and solar power, official data showed Sunday, suggesting the world's renewables powerhouse has ensured both speed and quality in its green drive. By the end of 2024, the country's installed wind power capacity reached 510 million kilowatts, while its solar power capacity stood at 840 million kilowatts. In the first …

China is racing towards a future powered by wind and solar
1 month, 4 weeks ago

China is racing towards a future powered by wind and solar

CNN  

CNN — High above the sand dunes of China’s Kubuqi desert, nearly 200,000 solar panels have been carefully placed in rows to create the outline of a galloping steed. As President-elect Donald Trump is likely to roll back on the US’ role as a global climate leader, experts say China will have to lead the charge. And as the world’s …

China's Energy Storage Sector Booms, with New Energy Storage Capacity Surging to 300 GW by 2030
Top News
2 months, 1 week ago

China's Energy Storage Sector Booms, with New Energy Storage Capacity Surging to 300 GW by 2030

China Daily  

China's energy storage sector is experiencing rapid growth, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth
Trending News
2 months, 1 week ago

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth

China Daily  

China's energy storage sector has experienced rapid growth in recent years, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth
Trending News
2 months, 1 week ago

China's Energy Storage Sector Booms, with New Plants Shifting Focus to Market-Driven Growth

China Daily  

China's energy storage sector is experiencing rapid growth, with a 99.6 percent year-on-year growth and 91.3 GW in cumulative installed capacity in 2023. This surge is largely attributable to China's aggressive expansion in renewable energy infrastructure, particularly large-scale wind and photovoltaic power bases.

Country's green drive hits major milestone
2 months, 2 weeks ago

Country's green drive hits major milestone

China Daily  

By Liu Yukun | China Daily | Updated: 2024-11-01 09:09 Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China achieved a major milestone in renewable energy development with installations of wind and solar power generating units surpassing 1.2 billion kilowatts, six years ahead of schedule, said the National Energy …

China and Africa to Deepen Renewable Energy Collaboration
3 months ago

China and Africa to Deepen Renewable Energy Collaboration

China Daily  

China and Africa are poised for extensive collaboration in the realm of renewable energy, with the continent's abundant resources aligning with China's advanced expertise in wind and solar power technologies. This partnership guarantees energy security and propels Africa toward green, low-carbon practices and sustainable development, yielding a host of mutually beneficial outcomes.

Clean energy to meet nearly half of world’s electricity demand by 2030
3 months ago

Clean energy to meet nearly half of world’s electricity demand by 2030

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nearly half of the world’s …

The revolution of renewable energy in China
3 months, 3 weeks ago

The revolution of renewable energy in China

China Daily  

In recent years, China has emerged as a global leader in renewable energy, setting determined goals and accomplishing extraordinary milestones. As the world grapples with the urgent need to shift towards sustainable energy sources, China's efforts in renewable energy serve as a model for other nations. The 13th Five-Year Plan marked a critical turning point in China's renewable energy path …

Nation helps drive global transition to green energy
4 months, 2 weeks ago

Nation helps drive global transition to green energy

China Daily  

An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing climate change, according to a white paper issued on Thursday. …

Nation helps drive global transition to green energy
4 months, 2 weeks ago

Nation helps drive global transition to green energy

China Daily  

By ZHENG XIN | CHINA DAILY | Updated: 2024-08-30 07:04 An aerial drone photo taken on June 6, 2024 shows the wind power equipment at a low carbon-dioxide emission industrial park in Sheyang, Yancheng, East China's Jiangsu province. China's green energy development has become an engine for the global energy transition, which has substantially eased global inflation pressures while addressing …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

New energy targets realized ahead of deadline
4 months, 2 weeks ago

New energy targets realized ahead of deadline

China Daily  

A vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. According to data from the Chinese National Energy Administration, by the end of July 2024, the total installed capacity of power generation nationwide reached 3.1 billion kilowatts. Of this, solar power had an installed capacity of about …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

Nation sees big strides in clean energy
5 months ago

Nation sees big strides in clean energy

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. Ma Jun, director of the Beijing-based Institute of Public and Environmental Affairs, said that China managed to make such significant progress thanks to a series of forward-looking policies for renewable energy development, guided by Xi Jinping Thought on Ecological Civilization. Targeting much smaller areas, the area-specific environmental management mechanism …

IEA says China renewables benefit world
5 months, 1 week ago

IEA says China renewables benefit world

China Daily  

Technicians install photovoltaic panels at a solar power farm in Dongshan county, Fujian province. The rapid growth of renewable energy in China is outpacing the pursuit of national carbon goals, significantly aiding the global shift toward green energy, experts said. By the end of June, China's grid-connected wind power capacity stood at 470 million kW, and grid-connected solar power capacity …

Solar sees brighter full-year prospects
5 months, 2 weeks ago

Solar sees brighter full-year prospects

China Daily  

Workers install photovoltaic panels at a power farm in Jiuquan, Gansu province, in May. China's photovoltaic industry may see robust growth in installed capacity this year with new installations ranging between 190 and 220 gigawatts, driven by the increasing electrification of energy use and the shift toward low-carbon power consumption, said the China Photovoltaic Industry Association. Wang Bohua, honorary chairman …

Electricity consumption soars in 2024 with tech and EV growth
5 months, 3 weeks ago

Electricity consumption soars in 2024 with tech and EV growth

China Daily  

Driven by the rapid development of mobile internet, big data and cloud computing, electricity consumption for internet data services increased by 33.0 percent year-on-year during the first half of this year, according to the China Electricity Council. The rapid growth of electric vehicles led to a 63.7 percent year-on-year increase in electricity consumption for charging and battery swapping services in …

Non-fossil fuel use goal by 2030 within reach
5 months, 3 weeks ago

Non-fossil fuel use goal by 2030 within reach

China Daily  

The Mengxi Otog Front Banner Photovoltaic Base project is located near the Mu Us Desert. CHINA DAILY China's non-fossil energy share may need to keep an annual growth of 1 percentage point in the upcoming 15th Five-Year Plan period to achieve the country's goal of 25 percent non-fossil energy consumption by 2030, which opens opportunities for solar power companies amid …

Renewable energy use on the rise nationwide
5 months, 3 weeks ago

Renewable energy use on the rise nationwide

China Daily  

By ZHENG XIN | China Daily | Updated: 2024-07-24 09:25 Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. According to the report, China's renewable energy generation reached 1,469.1 billion kilowatt-hours last year, a year-on-year increase of 23 percent, accounting for 15.8 percent of the total power generation, an increase …

Renewable energy use on the rise nationwide
5 months, 3 weeks ago

Renewable energy use on the rise nationwide

China Daily  

Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. According to the report, China's renewable energy generation reached 1,469.1 billion kilowatt-hours last year, a year-on-year increase of 23 percent, accounting for 15.8 percent of the total power generation, an increase of 2.1 percentage points compared to the previous year. "China's …

New energy helps in green transition
5 months, 4 weeks ago

New energy helps in green transition

China Daily  

Technicians check a power transmission tower in Chuzhou, Anhui province. SONG WEIXING/FOR CHINA DAILY Installations of new energy in China, including solar and wind, were predominant in the power sector last year, further accelerating the country's green and low-carbon transition, the China Electricity Council said. Investments in national power generation projects reached 1.02 trillion yuan, up 37.7 percent year-on-year, while …

Non-fossil fuel power generation to near 70% by 2030
6 months ago

Non-fossil fuel power generation to near 70% by 2030

China Daily  

A wind farm generates power for grids in Zhoushan, Zhejiang province. The growth rate of electricity consumption this year in China will be close to that of 2023, a 6.7 percent year-on-year, while new installations of renewable energy in 2024 will also continue to rapidly grow, according to the annual development report of China's electric power industry 2024 released by …

Nation biggest contributor to global renewables capacity amid green transition
6 months, 1 week ago

Nation biggest contributor to global renewables capacity amid green transition

China Daily  

Wind turbine blades are loaded onto a freighter at Yantai Port in Shandong province in April. TANG KE/FOR CHINA DAILY China is the largest contributor to the development of the global renewable energy industry, according to a recently released report by the International Energy Agency. Last year, the scale of newly installed renewable energy capacity in China exceeded the total …

Renewables provide record 30% of global electricity in 2023
8 months, 1 week ago

Renewables provide record 30% of global electricity in 2023

China Daily  

A Zoom screenshot from the fifth annual Global Electricity Review of Ember shows a range of experts discussing the global shift to clean electricity in late May 8. CHINA DAILY Renewables generated a record 30 percent of global electricity in 2023, driven by growth in solar and wind especially from China, according to the Global Electricity Review 2024 released by …

China's renewables tech cuts costs
8 months, 2 weeks ago

China's renewables tech cuts costs

China Daily  

Employees work at a photovoltaic panel production facility in Hefei, Anhui province, in February. China's large-scale production of solar panels and electric vehicles has not only lowered costs but has also made green technology more accessible globally, industry insiders said. The IEA believes China was the major driving force behind the world's rapid expansion of renewable power generation capacity last …

2023 was a record year for wind installations as world ramps up clean energy, report says
8 months, 4 weeks ago

2023 was a record year for wind installations as world ramps up clean energy, report says

Associated Press  

The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association. But the authors warned that the wind industry must increase its annual growth to at least 320 gigawatts by 2030 …

Global energy-related CO2 emissions hit record high in 2023: International Energy Agency
10 months, 2 weeks ago

Global energy-related CO2 emissions hit record high in 2023: International Energy Agency

The Hindu  

“Global energy-related emissions of carbon dioxide hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production,” International Energy Agency said on February 29. “Far from falling rapidly — as is required to meet the global climate goals set out in the Paris Agreement — CO2 emissions reached a new record …

Significant renewable energy gains in 2023 put global goal within reach
1 year ago

Significant renewable energy gains in 2023 put global goal within reach

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world added 50 per cent more renewable energy in 2023 than 2022 – putting …

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says
1 year ago

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says

Associated Press  

BENGALURU, India — The world’s renewable energy grew at its fastest rate in the past 25 years in 2023, the International Energy Agency reported Thursday in its first assessment since nations agreed in December on ambitious new targets to slow dangerous climate change. The Paris-based agency said rapid growth of solar in China was the main driver as the world …

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says
1 year ago

Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The world's renewable energy grew …

Asian economies must ramp up wind and solar power to keep global warming under 1.5C, report says
1 year, 2 months ago

Asian economies must ramp up wind and solar power to keep global warming under 1.5C, report says

Associated Press  

HANOI, Vietnam — To meet the goal of limiting global warming to 1.5 degrees Celsius, nine major Asian economies must increase the share of electricity they get from renewable energy from the current 6% to at least 50% by 2030, according to a report by a German thinktank released Wednesday. Nearly a third of that renewable energy should come from …

India will see solar revolution by 2030, says IEA
1 year, 2 months ago

India will see solar revolution by 2030, says IEA

Firstpost  

India has set a target of achieving 500 GW of installed capacity from non-fossil fuels, including around 270 GW of solar capacity, by 2030 According to the International Energy Agency, solar energy will generate 18% of India’s electricity by 2030, up from its current 6% share. According to the IEA’s latest World Energy Outlook 2023, which was released on Tuesday, …

Accelerating switch to renewables could put fossil fuel peak in sight this decade: International Energy Agency
1 year, 2 months ago

Accelerating switch to renewables could put fossil fuel peak in sight this decade: International Energy Agency

ABC  

Almost half of the world's electricity could come from emissions-free sources such as wind, solar and nuclear by the end of the decade according to a report from the International Energy Agency. Key points: The International Energy Agency projects emissions-free sources will provide half the world's power by 2030 Demand for fossil fuels including coal, oil and gas is predicted …

UK renewables generated record amount of electricity in 2022, figures show
1 year, 5 months ago

UK renewables generated record amount of electricity in 2022, figures show

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK renewables generated a record …

Nation on track to beat green energy goals
1 year, 6 months ago

Nation on track to beat green energy goals

China Daily  

A view of the wind turbines installed on Nanpeng Island, Guangdong province. Report: Pace of installation on solar, wind sectors may help China hit target early China may beat its 2030 target for solar and wind energy development five years ahead of schedule, a report from an independent nonprofit organization in the United States has found, as China celebrates its …

Quicker green transition likely with intensified low-carbon push
1 year, 6 months ago

Quicker green transition likely with intensified low-carbon push

China Daily  

A view of the wind turbines installed on Nanpeng Island, Guangdong province. China's plan to achieve net-zero greenhouse gas emissions by 2060 can be accomplished 10 years earlier if Beijing scales up investment in the energy sector and low-carbon technologies, BloombergNEF has said in a report. The electrification of road transport and industry will also lead to sharp decline in …

Data | Clean energy funds rise, but mostly in China, Europe, U.S.
1 year, 7 months ago

Data | Clean energy funds rise, but mostly in China, Europe, U.S.

The Hindu  

The latest report by the International Energy Agency, ‘World Energy Investment 2023,’ shows that investment in clean energy has increased in recent years, with the transition mainly fuelled by Electric Vehicles and renewable power. Chart 2 | The chart shows the annual clean energy investment, 2015-2023 in billion $ Click to subscribe to our Data newsletter The report shows that …

57% of power generated will be via renewable sources by 2027: Central Electricity Authority
1 year, 7 months ago

57% of power generated will be via renewable sources by 2027: Central Electricity Authority

The Hindu  

While India may have internationally committed to half its installed electricity being sourced from renewable sources by 2030, an estimate of the country’s projected power needs by the Central Electricity Authority on Wednesday suggests that this target may be achieved early, by 2026-27. The voluminous document notes that “…the share of non-fossil based capacity is likely to increase to 57.4% …

Renewable energy surges, driven by solar boom and high fuel prices, report finds
1 year, 7 months ago

Renewable energy surges, driven by solar boom and high fuel prices, report finds

Associated Press  

BERLIN — The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power, according to a new report Thursday. The International Energy Agency said high fossil fuel prices — resulting from Russia’s attack on Ukraine — and …

Solar investment outshines oil as race for clean energy heats up
1 year, 7 months ago

Solar investment outshines oil as race for clean energy heats up

Al Jazeera  

High oil and gas prices and worries about supplies have seen spending on renewables leap ahead of fossil fuels. Investment in solar power is expected to overtake oil for the first time this year as clean energy spending outpaces that for fossil fuels. “Clean energy is moving fast – faster than many people realise,” IEA Executive Director Fatih Birol said …

China's renewable energy capacity expands in Jan-April
1 year, 7 months ago

China's renewable energy capacity expands in Jan-April

China Daily  

A view of the wind turbines installed on Nanpeng Island, Guangdong province. BEIJING - China's installed clean energy capacity saw an expansion in the first four months of the year, data from the National Energy Administration showed Friday. By the end of April, the installed capacity of wind power rose 12.2 percent year-on-year to approximately 380 million kilowatts, while that …

Column: Solar and wind energy are killing off fossil fuel, despite the right’s best efforts
2 years, 1 month ago

Column: Solar and wind energy are killing off fossil fuel, despite the right’s best efforts

LA Times  

Westlands Solar Park, near the town of Lemoore in the San Joaquin Valley, is the largest solar power plant in the U.S. American conservatives may be trying to hold back the tide, but solar and wind power are surging worldwide, leaving coal, natural gas and oil in the dust as energy sources. Energy Innovation Policy and Technology, a San Francisco …

Global emissions will peak in 2025, says International Energy Agency
2 years, 2 months ago

Global emissions will peak in 2025, says International Energy Agency

Deccan Chronicle  

Paris: The International Energy Agency on Thursday released its World Energy Outlook 2022 report, which stated that global emissions will peak in 2025. "In the Announced Pledges Scenario, the commitments in the Nationally Determined Contributions bring about a faster reduction in emissions: global emissions peak before 2025 and fall to 31.5 Gt CO2 in 2030, which is around 15per cent …

The growth of the energy sector is unparalleled
2 years, 6 months ago

The growth of the energy sector is unparalleled

Hindustan Times  

In the past eight years, this government, under Prime Minister Narendra Modi, has brought about a total transformation of the power sector. Despite Covid and its induced lockdown, we have established RE capacity of 158 GWs, and emerged as a country with the fastest-growing RE capacity In 2014, the total installed power generation capacity was 248,554 megawatts and load-shedding was …

Energising the renewable energy sector in Southeast Asia
2 years, 9 months ago

Energising the renewable energy sector in Southeast Asia

Hindustan Times  

In 2019, the International Energy Agency released its report titled ‘Southeast Asia Energy Outlook’. Like other giant energy importers of Asia, Southeast Asian states need to take care of shifting to cleaner and more sustainable means of energy. Among the new age renewable energy sources, solar and wind energy has found a large space in the energy mix of countries. …

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