Renewable Energy

IEA: Solar PV to contribute more than half of new power capacity to 2030

Renewables are set to contribute 80% of new power capacity to 2030 in the stated policies scenario (STEPS), with solar PV alone accounting for more than half of this, according to the International Energy Agency (IEA). In its flagship World Energy Outlook report, the IEA expects solar manufacturing capacity to exceed 1.2TW of module nameplate capacity

IEA: global temperatures could rise by 2.4 °C under current policy settings

Despite significant clean energy growth across the globe, the International Energy Agency (IEA) has warned that under today’s policy settings, emissions would remain high enough to increase global average temperatures to around 2.4 °C. Bending the emissions curve onto a path towards a 1.5 °C maximum increase, the IEA’s flagship World Energy Outlook (WEO) report

Solar on public buildings to be supported in £230 million package

Solar is set to be supported across a number of schools, hospitals and other public buildings as part of a £230 million funding boost by the UK government. The funding, which is being provided by the government to implement a range of low-carbon technologies to spur decarbonisation in public buildings, supports the installation of technologies

OVO cuts heat pump running costs by 50%

OVO has announced it has cut its heat pump running costs by 50% to 15p/kWh, making it cheaper to run than a gas boiler. According to the energy supplier, cutting the cost for the electricity used by heat pumps will make the technology £500 cheaper (or roughly half price) of running a gas boiler, based

Storm readiness: Shifting from generators to energy storage systems

Fossil fuel-powered generators are strapped with emission concerns, maintenance needs, and potential personal risk, whereas a battery-based energy storage system is safe, efficient and has a very low operating cost. We are living in an era of extreme weather, and there is no end in sight. In July 2023 alone, there were devastating wildfires in

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