Ernest & Young (EY) consulting firm has published a global study today that reveals an investment opportunity of US$ 2 trillion with 13,000 renewable energy projects ready for installation worldwide. These groundbreaking projects have the potential to provide an additional 1 Terawatt of renewable energy generation capacity in total.

“This new report reveals the true potential of accelerating investment in renewable energy through global collaboration between governments and the private sector. 

‘Renewable Energy’ Carries 110.000 New Employment Potential in Turkey | Devamı>>>

Renewable energy 2030 targets already written into official policy by 87 governments around the world would mean the construction of an estimated 721 gigawatts of new capacity in wind, solar
and other non-hydro renewable power technologies over the next decade, according to analysis by BloombergNEF. Meanwhile, those private sector companies that have joined the RE100 group, pledging to source 100% of their power from renewables, will need to buy an estimated 210 terawatt-hours of green electricity by 2030, on top of what they consume now, in order to be on track.

Global Trends in Renewable Energy Investment 2020 | Devamı>>>

The latest report on energy system developments shows that 176 GWs of new renewable energy capacity accounted for 72% of all new energy capacity additions in 2019.

The data, released in the International Renewable Energy Agency (IRENA)’s annual Renewable Capacity Statistics 2020, showed that while the 2019 figure was slightly lower than 2018’s 179 GW the market continued to expand, up over 7.5%. Asia showed the most spectacular growth, with 54% of total additions while wind and solar power accounted by 90% of capacity deployed.

Renewable Energy Outstrips Fossil Fuel | Devamı>>>

After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about meeting long-term climate goals.

Last year was the first time since 2001 that growth in renewable power capacity failed to increase year on year. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the International Energy Agency’s latest data.

Renewable Capacity Growth Worldwide Stalled In 2018 | Devamı>>>

France plans to double its renewable energy capacity with a system of regular tenders under a draft 10-year energy strategy plan published on Friday. The so-called PPE plan, which lays out capacity targets for various energy sectors over the 2019-2023 and 2024-28 periods, also confirmed that four to six nuclear reactors – including two in Fessenheim – will be closed by 2028, as announced late last year.

France aims to boost electrical renewable energy capacity – including hydropower – from 48.6 gigawatt (GW) end 2017 to 74 GW in 2023 and 113 GW in 2028, mainly by boosting wind and solar.

France to Double Renewables Capacity Under 10 Year Energy Plan | Devamı>>>

India has reiterated its medium-term targets for renewable energy installed capacity. The targets, up to 2030, will result in a 40% share of renewable energy capacity in the overall power generation in India.

A high-ranking official at the Ministry of New and Renewable Energy (MNRE) recently stated that India will target an installed capacity of 500 gigawatts across all renewable energy technologies by 2030. The installed capacity target for the overall power sector is 850 gigawatts by the same year.

India Plans 40 Gigawatts Of Solar & Wind Auctions Every Year | Devamı>>>