Monthly Archives: May 2021

Rebooting Renewable Energy Certificates for a Balanced Energy Transition in India

Posted on May 26, 2021 by Now.Solar

CEEW Centre for Energy FinanceThe CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF acts as a non-partisan market observer and driver that monitors, … Continue reading →

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Wind energy: A gender perspective

Posted on May 25, 2021 by Now.Solar

The expansion of renewable energy promises a broad array of benefits. That renewables aregood for energy security, air quality and health, and the reduction of greenhouse gas emissions is well known. What many do not realise, however, is that the … Continue reading →

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Advancing renewables in developing countries

Posted on May 24, 2021 by Now.Solar

The Abu Dhabi Fund for Development (ADFD) in 2013 undertook to support renewable energyprojects through a joint initiative with the International Renewable Energy Agency (IRENA). Through that facility, the fund has dispensed AED 1.285 billion (USD 350 million) over the … Continue reading →

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Towards 100% renewable energy: Utilities in transition

Posted on May 21, 2021 by Now.Solar

The adoption of the United Nations’ 2030 Agenda for Sustainable Development, and in particular Sustainable Development Goal 7 (SDG7) to ensure access to affordable, reliable, sustainable and modern energy for all, has led to a global consensus around the need … Continue reading →

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Renewable energy finance: Green bonds

Posted on May 20, 2021 by Now.Solar

RENEWABLE ENERGY INVESTMENT TRENDS As renewables have become a compelling investment proposition, global investments innew renewable power have grown from less than USD 50 billion per year in 2004 to aroundUSD 300 billion per year in recent years (Frankfurt School-UNEP … Continue reading →

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Electricity Storage Valuation Framework

Posted on May 19, 2021 by Now.Solar

Electricity storage refers to technologies that store electrical energy and release it on demand when it is most needed. The storage process often involves conversion of electricity to other forms of energy and back again.2 With its unique ability to … Continue reading →

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Employment Potential of Emerging Renewable Energy Technologies

Posted on May 18, 2021 by Now.Solar

Floating solar photovoltaic (FPV) technology offers a new and additional pathway to realize India’s clean energy ambitions. It taps the country’s large water reservoirs to overcome some of the persisting issues of ground-mounted solar, such as the lack of levelled … Continue reading →

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How India’s Solar and Wind Policies Enabled its Energy Transition

Posted on May 17, 2021 by Now.Solar

In 2015, India announced ambitious targets for renewable energy—175 GW by 2022—oneof the largest expansion initiatives in the world. Just four years later, at the United enewable energy (RE) capacity to 450 GW by 2030 (PIB 2019). India’s journey to … Continue reading →

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The Future of Distributed Renewable Energy in India

Posted on May 14, 2021 by Now.Solar

India is the world’s third largest carbon emitter, with emissions expected to rise as the economy grows. While this economic growth is important for advancing development objectives, especially in the wake of a likely recession due to the COVID-19 pandemic, … Continue reading →

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Renewable energy finance: Sovereign guarantees

Posted on May 13, 2021 by Now.Solar

RENEWABLE ENERGY FINANCE SOVEREIGN GUARANTEES Less than two decades remain for countries around the world to make drastic cuts incarbon-dioxide emissions. This is necessary to realise the goals of the Paris Agreement,which calls for limiting the increase in average global … Continue reading →

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Renewable energy finance: Institutional capital

Posted on May 12, 2021 by Now.Solar

RENEWABLE ENERGY INVESTMENT TRENDS As renewables have become a compelling investment proposition, global investments innew renewable power have grown from less than USD 50 billion per year in 2004 to aroundUSD 300 billion per year in recent years (Frankfurt School-UNEP … Continue reading →

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Reduce: Non-bio renewables

Posted on May 11, 2021 by Now.Solar

Introduction Climate change has become one of the greatest threats of this century to environmental, as well as global, security, with adverse impacts on health, wealth and political stability. Over the past decade, energy-related CO2 emissions have increased by 1% … Continue reading →

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SOLAR SUPPLY CHAIN TRACEABILITY PROTOCOL 1.0 INDUSTRY GUIDANCE

Posted on May 10, 2021 by Now.Solar

INTRODUCTIONTransparency of supply chains is paramount. Equipment purchasers, electricity end-users, and other stakeholders demand transparency for reasons ranging from sustainability to corporate social responsibility to import compliance. In this environment, manufacturers must have the proper systems in place to meet … Continue reading →

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Global Renewables Outlook: Energy transformation 2050

Posted on May 10, 2021 by Now.Solar

A WIDENING GAP BETWEEN RHETORIC AND ACTION The gap between aspiration and the reality in tackling climate change remains as significant as ever, despite mounting evidence of the harm that climate change is causing. Negative effects of climate change are … Continue reading →

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COAL COST CROSSOVER 2.0 – New solar and wind cheaper than 80% of existing coal in the US, report finds

Posted on May 7, 2021 by Now.Solar

EXECUTIVE SUMMARYCoal generation is at a crossroads in the United States, or more precisely at a “cost crossover.” Due to rapid recent cost declines for wind and solar, the combined fuel, maintenance, and other costs of most existing coal-fired power … Continue reading →

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Energy subsidies: Evolution in the global energy transformation to 2050

Posted on May 7, 2021 by Now.Solar

SUBSIDIES, PRIVILEGES, UNPRICED EXTERNALITIES AND THE ENERGY TRANSITION In order to meet the Paris Agreement objective that the global temperature rise be kept to “well below 2 °C”, the global energy sector requires nothing short of a complete transformation, during the … Continue reading →

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Tracking SDG 7: The Energy Progress Report (2020)

Posted on May 6, 2021 by Now.Solar

EXECUTIVE SUMMARY The 2020 edition of Tracking SDG 7: The Energy Progress Report monitors and assesses attainments in the global quest for universal access to affordable, reliable, sustainable, and modern energy by 2030. The latest available data and select energy … Continue reading →

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Renewable Energy Outlook: Lebanon

Posted on May 6, 2021 by Now.Solar

INTRODUCTION Country Background GeographyThe Lebanese Republic is a sovereign state located in Western Asia adjoining the eastern edge of the Mediterranean region from the south along a 79 km border. It has a total territory of 10 452 km2, with … Continue reading →

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Recycle: Bioenergy

Posted on May 5, 2021 by Now.Solar

Introduction Climate change is one of the greatest threats of our era. Over the past decade, energy-relatedcarbon dioxide (CO2 ) emissions have increased by 1% per year on average. If the historical trends were to continue, energy-related emissions would increase … Continue reading →

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Reduce: Non-bio renewables

Posted on May 5, 2021 by Now.Solar

Introduction Climate change has become one of the greatest threats of this century to environmental, as well as global, security, with adverse impacts on health, wealth and political stability. Over the past decade, energy-related CO2 emissions have increased by 1% … Continue reading →

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Renewable Energy and Jobs – Annual Review 2020

Posted on May 4, 2021 by Now.Solar

RENEWABLE ENERGY AND JOBS Annual Review 2020 The renewable energy sector employed at least 11.5 million people, directly and indirectly, in 2019.1 Renewable energy employment has continued to grow worldwide since 2012, when the International Renewable Energy Agency (IRENA) began … Continue reading →

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Rise of renewables in cities

Posted on May 4, 2021 by Now.Solar

IntroductionCities are the economic engines of our planet, home to 55% of the world’s population and representing 80% of the global gross domestic product (GDP) (UN DESA, 2018). Urbanisation has improved societal well-being by expanding economic activities and business opportunities, … Continue reading →

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Mobilising institutional capital for renewable energy

Posted on May 3, 2021 by Now.Solar

RENEWABLE ENERGY INVESTMENTS As the global energy transformation progresses, the investment profile of renewable energy is also changing rapidly. The amount of capital invested in renewable energy has grown substantially over the past decade. Capital flows reflect a growing variety … Continue reading →

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Geothermal development in Eastern Africa

Posted on May 3, 2021 by Now.Solar

ENERGY SECTOR LANDSCAPE The East African Rift countries and the Comoros Islands are endowed with several sources of energy for which distribution and potential vary significantly from country to country. A government’s decision to render support to a given energy … Continue reading →

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