Clean Energy Policy News
14 November 2016
Providing clean and affordable energy services to the more than 1 billion people globally who lack access to electricity is a critical driver for poverty reduction, economic development, improved health, and social outcomes. To address some of the challenges to providing safe, quality, and financially viable mini-grid power systems to remote customers, the U.S. Department of Energy and the Global Lighting and Energy Access Partnership (Global LEAP) teamed with the National Renewable Energy Laboratory (NREL) to develop a Quality Assurance Framework (QAF) for isolated minigrids. Learn more.
11 November 2016
Experts Stress Crucial Importance of Financing for Small and Medium-sized Enterprises in Ensuring Success of the Paris Agreement »
At the 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change, a panel of experts discussed how innovative financing solutions and closer stakeholder engagement can help developing countries reach and exceed the targets set in their Nationally Determined Contributions under the 2015 Paris Agreement and how to ensure small and medium-sized enterprises play a meaningful and central role in the effort. The panel included high-level representatives from the public and private sector. Learn more.
11 November 2016
With COP22 well underway in Morocco, the north African's Agency for Solar Energy (MASEN) has confirmed the country’s first green bonds for renewable energy. The bond issue, which MASEN is leading with a $100 million bond for three solar projects, will form part of the Noor 170-megawatt solar plant dubbed Noor PV 1, which will consist mainly of concentrating solar thermal power. Learn more.
11 November 2016
The African Development Bank (AfDB) has approved a EUR 900 million (USD 994.2 million) loan to Algeria that will benefit renewable energy and other projects. The loan will finance projects under the country’s Industrial and Energy Competitiveness Support Programme, which aims to improved the investment climate in Algeria by improving the framework for private economic initiative and activities—foreign as well as local—and by promoting efficiency of the energy sector and renewable energy project development. Learn more.
8 November 2016
Buoyed by rapid technology cost reductions and the consolidation of renewable energy policies, Latin America hosts some of the world’s most dynamic renewable energy markets, according to a new report by the International Renewable Energy Agency (IRENA). Renewable Energy Market Analysis: Latin America finds that the region—endowed with some of the world’s best renewable resources—has an unprecedented opportunity to accelerate the uptake of renewables across all sectors. Learn more.
7 November 2016
International Finance Corporation Study: Paris Agreement Opens Up $24 Trillion in Investment Opportunity »
A new report from the International Finance Corporation shows that the historic Paris Agreement helped open up nearly USD 23 trillion in opportunities for climate-smart investments in emerging markets through 2030. Learn more.
4 November 2016
Mexico’s wide-ranging energy reform, which began in 2013, is expected to reverse the country’s declining oil production, increase the share of renewables in the power sector and slow the growth in carbon emissions, providing a solid foundation for robust economic growth in the coming decades, according to the International Energy Agency. Learn more.
27 October 2016
IRENA and Central American Countries Join Forces to Integrate Renewables into Regional Power Systems »
A one-week series of workshops designed to support the deployment of renewable energy in Central America will conclude tomorrow in Panama City. Led by the International Renewable Energy Agency (IRENA), this first-of-its-kind effort convened key energy stakeholders to tackle the challenge of integrating more renewable energy into regional power systems. Participants included Central American Integration System Member States, regional and national electric utilities, distributors, operators, regulatory authorities and other power system players. Learn more.
25 October 2016
The International Energy Agency said today that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables surpassed coal last year to become the largest source of installed power capacity in the world. Learn more.
17 October 2016
According to the Institute for Energy Economics & Financial Analysis(IEEFA), while some $130 billion was invested last year in renewable-energy development in the BRICS countries—Brazil, Russia, India, China, and South Africa—about $51 billion more are required if these countries are to meet their commitments to climate-change mitigation policies. The four countries, in all, have announced goals that will require an annual investment over the next few years of $177 billion. IEEFA sees important stakes being taken by development banks that include the New Development Bank (NDB), which is a jointly owned and operated bank funded by the five BRICS nations. IEEFA also notes the importance of private-public partnerships, or “blended finance”. Learn more.