Solar and wind power can grow enough to limit global warming to 1.5 degrees Celsius if the 10-year average compound growth rate of 20% can be maintained to 2030, according to independent climate think tank Ember. New data compiled in a report released by Ember today...
South Africa’s two biggest coal producers – Exxaro Resources and Seriti Resources – have struck a memorandum of understanding (MoU) with state-owned power utility Eskom to develop renewable energy projects. The first phase is expected to include a number of solar photovoltaic facilities both on-mine and...
South African state-owned utility Eskom has announced a pilot programme which will allow companies connected to its grid to use electricity produced exclusively from renewable sources. The two-year programme comes after Eskom unveiled plans to invest US$7.2 billion in renewable energy over the next nine years,...
BHP and its power supplier in the Western Australian Goldfields are to build two solar farms and a battery storage system to power the Mt Keith and Leinster operations at Nickel West with clean energy. The Northern Goldfields Solar Project will include a 27.4MW solar farm...
The International Energy Agency’s (IEA) latest report on the renewable energy market has found that the rate of new renewable electricity capacity added in 2020 rose by 45%, compared to 2019. The 260GW of new renewable power capacity achieved last year resembles the fastest year-on-year rise...
Solar power generation in the US soared up by 26% year-on-year in 2020, according to data from investor advice service TradingPlatforms.com. In total, just under 91,000 million KWh of solar thermal and photovoltaic (PV) power was produced last year, as the renewable energy market continued to...
A consortium backed by Saudi Arabia's sovereign wealth Public Investment Fund (PIF) has signed a 25-year power purchase agreement (PPA) for electricity generated from an up to 1.5GW solar farm. The US$905.1 million Sudair project, located in Sudair Industrial City, will be capable of powering 185,000...
New data from the International Renewable Energy Agency (IRENA) has found that over 260GW of new renewable energy capacity was installed around the world last year, despite the economic impacts of COVID-19. IRENA’s 'Renewable Capacity Statistics 2021' report found that new green energy capacity in 2020...
Lightsource BP has signed a power purchase agreement (PPA) with electricity company Snowy Hydro that will see it supply renewable energy to 88 BP service stations across the Australian state of New South Wales (NSW). The clean power will be derived from a 107MW solar farm...
Global energy expert Wood Mackenzie has predicted that solar will become the cheapest source of new power by 2030 in a range of markets, including the US, Canada and China. In its latest research paper titled Total eclipse: How falling costs will secure solar’s dominance in...