IRENA

Wattando has developed a new rooftop PV solution that can be easily connected to a household’s power network via an AC connection. The system uses existing infrastructure and reportedly reduces installation work and time.

The International Renewable Energy Agency (IRENA) discussed the financing landscape for small island developing states (SIDS) and mechanisms to accelerate the energy transition at the United Nations 4th International Conference on Small Island Developing States.

Maxvolt Energy Industries has raised $1.5 million from angel investors to accelerate its lithium-ion battery R&D efforts, enhance production capacity, and expand market reach.

The Eurasian Development Bank has agreed to provide $210 million over 15 years for Bishkek Solar to build a 300 MW solar plant in Kyrgyzstan. National Electric Grid of Kyrgyzstan will purchase the electricity for a period of 25 years.

A new report from the International Renewable Energy Agency (IRENA) examines the global energy system’s transformation and its implications for energy security. It tells policymakers that energy security in renewables-based systems will require multi-dimensional thinking.

The 14th assembly of the International Renewable Energy Agency (IRENA) last week in Abu Dhabi underscored the centrality of geopolitics and security in the current global energy landscape. The gathering also called for greater action to achieve the COP28 target of tripling renewables deployment by 2030.

The International Renewable Energy Agency (IRENA) says developers installed 345.5 GW of solar throughout the world in 2023. China mainly drove the surge, accounting for nearly three-quarters of all new renewable energy, but IRENA says more equitable growth will be needed to hit 2030 deployment targets.

The International Renewable Energy Agency (IRENA) released a new report on the sidelines of the Berlin Energy Transition Dialogue this week describing the actions needed so the world complies with targets set at the recent COP29 conference in the United Arab Emirates. IRENA President Francesco La Camera says renewables are the only energy sources with the speed and scale to achieve the ambitious targets set in Dubai.

Cuban Minister of Energy Vicente de la O Levy says 2 GW of planned solar capacity will come from 92 ground-mounted PV plants spread across the island.

Solargiga Energy says it expects to return to a profit of CNY 130 million to CNY 170 million for 2023, while GCL Technology says it anticipates lower profits for the year.