Sunrise brief: World to deploy as much renewable energy in the next five years as the last 20
Also on the rise: Nevada’s largest utility to deploy 440 MWh battery energy storage system. Stellantis signs second largest corporate PPA on record for 400 MW of solar. And more.
Ranking the top 15 nations for solar energy capacity
Ranking the world’s largest producers of solar energy based on the BP Statistical Review of World Energy 2022.
World to deploy as much renewable energy in the next five years as the last 20
The International Energy Agency said the world will increase its renewable energy capacity by 75% in the next five years.
Heat pumps competitive with gas boilers in some markets, says IEA
The International Energy Agency (IEA) says unsubsidized heat pumps are already competitive with gas boilers in mature markets including the United States, Canada, Japan, Italy, and China. It says global sales will soar to record levels by 2030.
Federal agencies are pursuing 37 R&D areas to help reach climate goals
A net-zero power grid with electrification is a priority area for research and development, says an interagency assessment, with R&D needed to advance distribution systems, transmission planning, long duration energy storage, and use of highways for transmission.
Sunrise brief: All 13 states in PJM grid region call for PJM to make faster progress on interconnection
Also on the rise: Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA. Wood Mackenzie acquired by Veritas Capital. And more.
Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA
The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.
One-third of global PV manufacturing capacity is at medium or high risk of bankruptcy, IEA says
A new report from the International Energy Agency stresses the importance of geographically diversifying the global PV supply chain. This would prevent supply chain vulnerability to bankruptcies and underinvestment.
Record solar numbers expected this year but IEA highlights pricing concern
The Paris-based body expects the world will have installed almost 160 GW of solar this year, a record number, but still not enough to keep the prospect of a net zero global economy by mid century in sight.
Has the International Energy Agency finally improved at forecasting solar growth?
Something strange has happened at the IEA — the agency has finally begun to take solar and other renewables seriously.
