Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published today finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […]
Adolescent men in the DRC (Democratic Republic of Congo) are recruited by warlords because they are desperate. A new German fund will help keep farming in the family and guys like this in his father's arms. Bigger steps are needed from the top down: Investing in renewables is the answer.
The Tenth Session of World Urban Forum, the world’s most important conference on cities convened biannually by UN Habitat has just concluded. For the first time, it took place in an Arab country, the United Arab Emirates, and the host, Abu Dhabi, had much to contribute to the conversation. Throughout the week-long event, representatives of […]
The Abu Dhabi Fund for Development (likened to USAID and the UK and German’s foreign aid) announced last week that it will provide renewable energy loans to 8 projects around the world. The projects will go to building resilience, mainly in island communities which will be able to repay the loans after the renewable energy […]
It's easy. We need 31% more renewable energy to play it climate safe. It will cost $750 - but this can be investment stimulus people, and wind and solar can get us there. Let's do it!
IRENA was founded a decade ago to solve the world's energy problems. It's like the United Nations of Renewable Energy and anyone who is a serious stakeholder in renewables from government to news to suppliers goes to this annual event.
The annual breakdown from the international energy group, Irena, on jobs in renewable energy.
IRENA, the global renewable energy consortia with its headquarters in Abu Dhabi believes that though the clock of climate change is ticking, we still have time to avert global catastrophes. Speeding up the adoption of renewable energy technologies is the most feasible route to reduce carbon emissions and avoid catastrophic climate change, says a new […]
Masdar CEO Sultan Al Jaber is moving on to “greener” pastures, according to a statement released by Abu Dhabi investment giant Mubadala. The firm has appointed Al Jaber as its chairman; Masdar’s new CEO has been identified as Ahmad Belhoul.
In another “interesting’ move for the planet, Kuwait decided to boycott an international energy event in Abu Dhabi because Israelis would be there. This news comes hot on the trails of a Kuwaiti official banning gays from entering his country, and its fish markets serving up “extinct” and illegally caught sharks.
The international renewable energy group IRENA announced the first six recipients of concessional loans for off grid renewable energy projects that are “ready for the shovel,” as Director General Adnan Z. Amin put it in a press conference yesterday. They will receive a combined $41 million from the Abu Dhabi Fund for Development (ADFD).
Two of the top four oil-producing OPEC members, Saudi Arabia and the United Arab Emirates, have joined forces in a push to secure $1 billion in funding for Middle East solar-power, Bloomberg reports.
It’s a sea-change for a region so linked to the hydrocarbon, but new clean energy initiatives are heating up the Middle East. Thanks to the 2013 Abu Dhabi Sustainability Week (we were invited to), some new development partnerships between United Arab Emirates renewables company, Masdar, and both the Jordanian and French governments were formed; Greenpeace released Jordan’s […]
The award to design Masdar‘s new super-green headquarters in Abu Dhabi has been given to Brookfield Multiplex, the group announced recently. The Australian firm was awarded the contract to design and construct the seven story building in the Gulf nation, which will feature a whopping 344,445 square feet of interior space and a massive rooftop […]
Mr. Amin claims that government subsidies given to the fossil fuel industry impedes serious growth of the renewable sector. On Sunday, Israel made a public NIS2.2 billion (US$0.6 billion) commitment to reduce greenhouse gas emissions. That announcement came just days after Rupert Murdoch and Lord Jacob Rothschild bought shares in Genie Oil & Gas Inc., […]