Tag: geothermal energy

Asia Powers Ahead in Global Renewable Boom, But Africa Risks Being Left Behind

Asia continues to dominate global renewable energy growth, accounting for 71% of new capacity added in 2024, while Africa and other developing regions remain far behind despite their potential. Solar and wind lead the charge, comprising 97.5% of additions, with solar alone adding 453 GW. Although global renewables capacity hit a record 582 GW, the world is still off track to meet the COP28 goal of tripling capacity by 2030. Without faster growth and more equitable investment, the energy transition risks deepening the global divide.

The world needs to triple renewable energy capacity to 11.2 TW by 2030 to meet COP28 goal

"Renewables must grow at higher speed and scale. Our new report sheds light on the direction of travel; if we continue with the current growth rate, we will only face failure in reaching the tripling renewables target agreed in the UAE Consensus at COP28, consequently risking the goals of the Paris Agreement and 2030 Agenda for Sustainable Development.”

The world’s renewable electricity capacity hit a record 473 GW in 2023

The world’s renewable electricity capacity hit a record 473 GW in 2023, according to International Renewable Energy Agency (IRENA). And, no Turkey, nuclear energy is not renewable energy.

Geothermal company Ormat expands with $75 M USD loan

Ormat Technologies, a family energy business from Israel, has big plans for geothermal and recovered energy generation and the energy storage market

Best Practises For Renewable Energy Investment

We cover five broad areas that can be addressed when it comes to lowering the obstacles, which lead to the stimulation of renewable investment.

Renewables made up more than half of all new energy sources in 2019

The decade of action for renewable energy.

Mining is for renewable energy!

The Energy and Mines World Congress shows that 2019 will be considered the tipping point for solar and wind...

IRENA says: it’s not too late to turn to renewables

IRENA, the global renewable energy consortia with its headquarters in Abu Dhabi believes that though the clock of climate...

Ormat adds another geothermal power plant to America

Ormat Technologies, one of the world's leading geothermal green energy power plant companies, has already tapped the earth's geothermal...

Zaha Hadid’s 2020 Olympic Stadium Thwarted by Japanese Peers

A consortium of Japanese architects got together to protest Zaha Hadid's winning design for the main stadium of the 2020...

Indonesia Opens to Geothermal Power

Tapping into the earth's vast geothermal energy reserves to create electricity in countries like the Muslim country of Indonesia, which has frequent volcanic activity, is becoming a very ecological friendly way to solve energy needs.

Ormat to Provide 330 Megawatts of Geothermal Energy in Sumatra, Indonesia

Indonesia has 40 percent of the world's exploitable geothermal energy potential. A big congratulations to Ormat technologies of Yavne, Israel...