The cost of renewable energy has tumbled even further over the past year, to the point where almost every source of green energy can now compete on cost with oil, coal and gas-fired power plants, according to new data released today.
Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has invited companies to express interest in seven renewable energy projects with a combined generating capacity of 1.5GW.
The continuing growth in renewable energy around the world is set to boost the power of China while undermining the influence of major oil exporters such as Russia and Middle East states like Saudi Arabia, according to a new report on the geopolitical implications of the changing energy landscape.
There are parts of the world where, when the electricity stops, learning too either slows down or stops entirely. During daylight hours, tropical humidity and heat can conspire against pupils trying to concentrate on what their teacher is saying. And if the school goes dark once the sun sets, no evening lessons can be held in the classrooms.
The cost of renewable energy is now falling so fast that it should be a consistently cheaper source of electricity generation than traditional fossil fuels within just a few years, according to a new report from the International Renewable Energy Agency (IRENA).