Tag: renewable energy investment

Energy Consumption, Global

Immediate grid upgrades needed to support global renewables deployment – EY

October 12, 2021

Via: PV Resources

The investment required to upgrade and expand transmission infrastructure across the world will be a key challenge as more renewables come online, consultancy EY has warned. While the “conditions are ripe for rapid growth” in renewables generation around the world, […]

Commercialization, Renewable Energy

Financing the transition: How banks are turning away from fossil fuels

June 30, 2020

Via: PV Resources

As renewable energy technologies have evolved over the years, they have become a compelling investment proposition. Global investments in new renewable power have grown from less than US$50 million a year in 2004, to around $US288 billion a year by […]

Commercialization, Renewable Energy

Stagnant In 2018, Investments For Renewable Energy Must Run Faster

December 4, 2019

Via: Forbes

At nearly 180 gigawatts, the International Energy Agency (IEA) reports that net global power generation capacity additions for renewables in 2018 were the same as in 2017. Although this is still a 50% gain from 2012, it is an “unexpected […]

Commercialization, Renewable Energy

European Investment Bank Pumps $5B Into Renewables and Distributed Grid Upgrades

August 7, 2017

Via: Greentech Media

Renewable energy projects from Western Europe to Southern India are set to benefit from a European Investment Bank financing package approved last month. The bank, the world’s largest international public lending institution, earmarked €4.3 billion ($5.1 billion) for energy sector […]