Uneven progress on clean energy technologies faces further pressure from the Covid-19 crisis
The International Energy Agency’s latest and most comprehensive assessment of clean energy transitions finds that a majority of technologies and sectors are failing to...
Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost
Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA)...
Greater investment in clean, secure and sustainable electricity systems amid Covid-19 crisis
Energy ministers and electricity industry CEOs from around the world took part in a roundtable discussion today about the impact of the Covid-19 crisis...
Deloitte Study: Navigating the Energy Transition from Disruption to Growth
Despite current economic challenges, energy and industrial leaders are expected to remain committed to their long-term plans to reduce fossil fuel reliance.
Eighty-nine percent of...
COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide
Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by...
ADB Approves $300 Million Loan to Increase Indonesia’s Geothermal Electricity Generation
The Asian Development Bank (ADB) has approved a $300 million loan to help PT Geo Dipa Energi (GDE), an Indonesian state-owned company, expand its...
Myanmar: Power System Efficiency Project Brings Country Closer to Universal Electricity Access
The World Bank’s Board of Executive Directors today approved a $350 million credit from the International Development Association (IDA) to increase the output and...
Austria’s efforts to accelerate its clean energy transition
Austria is committed to reaching carbon neutrality by 2040 at the latest – 10 years earlier than the goal set by the European Union....
World Bank: META 2 to Modernize the Energy and Mining Sectors in Brazil
The World Bank Board of Directors approved today a US$38 million loan for the Energy and Mineral Sectors Strengthening Project II (META 2). Under...
Energy Transition at the Heart of Africa’s COVID-19 Response
The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) held a virtual high-level dialogue to discuss Africa's needs in responding to the...