Australian government legislates for net zero by 2050, locks-in pledge to prevent future reversals
Last week, the Australian federal government proposed legislation that will certainly lock-in Australia's commitment to accomplish net zero by 2050 along with offering greater oversight as well as accountability over progression on climate change in a sharp separation from the previous administration.
Aug 4, 2022 // Markets & Finance News, Policy, Australia, Oceania, coal, legislation, net zero, legal
'Diversification is a have to': IEA cautions on China's expanding dominance of solar PV supply chain
A safe change to net zero exhausts around the world will require countries to expand and also broaden the production of solar modules, whose supply chains are heavily concentrated in China, according to new research from the International Energy Agency (IEA).
Jul 8, 2022 // Manufacturing News, Markets & Finance News, India, China, Asia, bankability, IEA, Fatih Birol, silver, net zero, sustainability, supply chain, domestic manufacturing, tax incentives
US Supreme Court's EPA ruling will slow renewables release, solar supporters state
The US Supreme Court has restricted the federal government's authority to regulate greenhouse gas emissions from power plants in a ruling that doubters have advised will hit renewables implementation as well as hobble the Biden administration's climate agenda.
Jul 4, 2022 // Policy, SEIA, Environmental Protection Agency, ACORE, 8minute Solar Energy, net zero, Emissions, biden
Australia's new prime minister vows to make nation 'renewable energy superpower'
Australia's new head of state, Anthony Albanese, has promised to make the nation a renewables "superpower" following his Labor Party's victory in Saturday's federal election, which ousted predecessor Scott Morrison's conservative coalition.
May 23, 2022 // Plants, Markets & Finance News, Grids, Policy, ENERGY STORAGE, Australia, climate council, Oceania, rooftop solar, policy, net zero, national electricity market, grid upgrades, Anthony Albanese
International renewables investment reaches brand-new high in 2021 but rapid ramp-up demand
Worldwide investment in renewables rose to new heights in 2021 as solar and wind implementation rose, but overall energy transition expenditure requires to triple in the coming years to jump on track for web zero.
Jan 28, 2022 // Markets & Finance News, BNEF, China, Asia, BloombergNEF, net zero, Matthias Kimmel, Albert Cheung
Solar PV remains 'powerhouse of growth' despite greater commodity prices-- IEA
Global solar PV deployment gets on track to grow by 17% this year despite surging commodity prices raising production costs, according to the International Energy Agency (IEA).
Dec 1, 2021 // Markets & Finance News, IEA, net zero, auctions and tenders, International Energy Agency, freight
South African mining market to construct 3.9 GW of renewables, relieves pressure on public utility Eskom
The South African mining industry is preparing to construct 3.9 GW of eco-friendly projects as well as storage space that would certainly see the field make strides in the direction of satisfying its 2050 net absolutely no target and also relieve pressure on South African public utility Eskom, which has called on the sector to supplement its power supply.
Nov 25, 2021 // Plants, Storage, Africa, eskom, South Africa, mining, net zero
Australia commits to internet zero by 2050 however prevents legislation
The Australian government has today committed to getting to web zero exhausts by 2050 but has not passed any kind of regulation to support such a shift in a move referred to as "frustrating" as well as "unambitious" by the country's Clean Energy Council.
Oct 27, 2021 // Markets & Finance News, Australia, Oceania, Clean Energy Council, ARENA, IEEFA, net zero
Japan's policymakers authorize higher 2030 renewable energy target
The Cabinet of Japan's government has authorized a plan to increase the national target for renewable energy in the electrical energy generation mix to in between 36% as well as 38% by 2030.
Oct 25, 2021 // Markets & Finance News, Japan, Asia, policy, decarbonisation, net zero, cop26, deployment target, energy security
Solar as well as wind must quadruple this years in feedback to 'code red' IPCC climate warning
A landmark brand-new climate report from the United Nations "should seem a death knell" for coal and fossil fuels, according to secretary-general António Guterres, that is requiring a fast boost in solar ability and renewable energy investment.
Aug 9, 2021 // Markets & Finance News, Policy, IPCC, net zero, United Nations, Christiana Figueres
China to install as much as 65GW of PV this year, average installs can get to 90GW by 2025
China might install approximately 65GW of solar this year, driven greatly by a rise popular for dispersed solar setups, while average solar deployment could get to 90GW each year in the years leading up to 2025.
Jul 26, 2021 // Markets & Finance News, China, CPIA, polysilicon, Asia, installations, net zero, module pricing, xi jinping, price volatility
Sembcorp targets 10GW of installed renewables ability by 2025
A new strategic plan from Sembcorp Industries will certainly see the Singapore-based energy business aim to boost its renewables ability virtually fourfold to 10GW by 2025.
May 28, 2021 // Plants, ENERGY STORAGE, Asia, Singapore, sembcorp industries, energy transition, sembcorp, net zero, Wong Kim Yin
Singapore's Green Plan 2030 can spearhead financial investments in solar sector
Singapore's recently revealed Green Plan 2030 could kickstart the nation's arising solar field, according to a brand-new report from expert Fitch Solutions.
May 25, 2021 // Markets & Finance News, floating PV, Asia, rooftop PV, Singapore, shell, Sunseap, net zero, commercial rooftop, Cleantech
Solar and wind displace coal in 2020 however shift 'taking place far too slowly'-- Ember
Regardless of added solar and wind adding to a record reduction in global coal generation last year, brand-new renewable resource projects are still not being constructed swiftly enough to equal rising electricity need.
Mar 29, 2021 // Markets & Finance News, Germany, China, Europe, Asia, Market research, energy transition, coal replacement, net zero, Ember, paris agreement, Dave Jones
European solar manufacturing is vital for continent to reach net absolutely no-- Capgemini
Europe has the possible to scale up the manufacture of multi-junction cells and also bifacial modules to assist attain its goal of coming to be the initial climate-neutral continent, a brand-new report suggests.
Oct 15, 2020 // Manufacturing News, Europe, bifacial modules, green hydrogen, net zero, capgemini
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