Based on REN21's 2014 report, renewables contributed 19 percent to humans' global energy consumption and 22 percent to their generation of electricity in 2012 and 2013, respectively. This energy consumption is divided as 9% coming from traditional biomass, 4.2% as heat energy (non-biomass), 3.8% hydro electricity and 2% is electricity from wind, solar, geothermal, and biomass. Worldwide investments in renewable technologies amounted to more than US$214 billion in 2013, with countries like China and the United States heavily investing in wind, hydro, solar and biofuels.
In 2014 renewables such as wind, geothermal, solar, biomass and burnt waste provided 19% of the total world final energy consumption, roughly half of it traditional use of biomass. The most important sector electricity with a renewable share of 22.8%, most of it coming from water power with a share of 16.6%, followed by wind with 3.1%. Several places run their grids almost exclusively on renewable energy. At the national level, at least 30 nations around the world already have renewable energy contributing more than 20% of energy supply. Also, Professors S. Pacala and Robert H. Socolow have developed a series of “Climate stabilization wedges” that can allow us to maintain our quality of life while avoiding catastrophic climate change, and "renewable energy sources," in aggregate, constitute the largest number of their "wedges."
The investment comes from Winch EnergyLimited in partnership with NEoT Offgrid Africa – a platform established by Meridiam, EDF and Mitsubishi Corporation... “We are thrilled to have achieved the funding for our projects in Sierra Leone and Uganda through the creation of this new platform, Winch Energy IPP Holdings, with our partners NEoT Africa.
It's a step change ... Singapore-based digital exchange AirCarbon told Reuters it planned to launch an offset futures contract by the second quarter ... The retail price of an offset can vary from 50 US cents for a renewable energy project in Asia to US$15 for a clean cook stoves project in Africa to US$50 for a plastic recycling project in eastern Europe.
Meanwhile, renewable resource-rich economies can make use of these resources by developing low-cost wind and solar power generation, giving them the ability to lead in the green manufacturing of energy-intensive products such as hydrogen, synthetic fuels, steel, and chemicals.
The energy sector will be critical for Africa’s post-COVID economic recovery and will be one of the most attractive investment sectors in 2021 ...Renewable energy is a priority sector for Africa’s post-COVID recovery because small and midsize enterprises need reliable and clean energy to get back to business and continue growing.
IN a sense, and as in the case of petrol, countries that do not have as much sunshine as Africa are already 'selling sunshine' to Nigeria through photovoltaic solar panels and other renewable energy equipment ....
A company called RubiconEnergy & Automation, which sells ... “In a big step forward for raising the profile of renewable energy in SouthAfrica, Rubicon is bringing the first Tesla Model XPerformance Edition all-electric SUV into the country next week,” Rubicon said on its website.
A passionate advocate for Africa’s right to clean and affordable sources of electricity, he also called for greater investment in renewable energy and pushed for greater regional interconnectivity in the power and transport sectors.
A leading provider of comfortable land and housing in Africa, BambooReal Estate and Construction ... “This is a historic and redefining moment as it demonstrates our renewed energy in coming up with solutions to serve Nigeria and indeed Africa better,” Ighodaloh said.
but operates renewable energy infrastructure operations globally ... and South America to Spain and SouthAfrica, Atlantica owns or has interests in 25 total power facilities and nearly 1,200 miles of electric transmission lines ... DukeEnergy Corp ... -- Duke Energy Corp.