Irena gives latest update on stark chances of electricity access for all by 2030
The International Renewable Energy Agency’s latest annual report on the progress towards UN sustainable development goal seven estimates 670 million people will still lack electricity in 2030, and more than 2 billion will be reliant on unhealthy, polluting cooking methods.
Mini grids grant could drive 80 MW of new capacity in Africa
A new fund established by the African Development Bank could attract $650 million of private money into the sector, according to the lender.
Solar on track to become No. 1 energy resource by 2035, IEA finds
Just over three terawatts will be installed by 2040. Coal generation will remain largely flat, however. Gas generation capacity will rise, making CO2-emissions reduction unattainable under current projection scenarios.
PowerGen closes funding for electricity access for a million people
The microgrid utility has raised enough capital from Shell New Energies to deploy systems across sub-Saharan Africa.
