News

Interviews

Policy landscape presents challenges and opportunities: Invenergy’s Mick Baird

Invenergy was an early leader in the clean energy transition and has continually evolved to push the energy industry forward. What began as a largely thermal and wind business is now a full energy solutions provider with an array of new technologies, including solar, green hydrogen, desalination, and large-scale battery storage. While the technology has changed, our approach to responsibly siting clean energy projects that benefit a broad spectrum of stakeholders has remained the same.

Opinion & Perspective

Could the Energy Transition Benefit Africa’s Economies?

As the world’s youngest continent, IRENA’s report Renewable Energy Market Analysis: Africa and its Regions, reveals a global reduction in carbon dioxide emissions in line with the Paris agreement could have a significant, positive impact on gross domestic product (GDP), job creation, and welfare across Africa, through ways such as reduced climate impacts, improved public health, and the creation of new industries that support the Energy Transition in and outside of Africa.

Mega Trends & Analysis

Belgium’s Elia Expands OSW Transmission: To build first artificial energy island by 2026

In September 2022, Belgium and the other seven countries of the North Seas Energy Cooperation (NSEC) including Denmark, Germany and the Netherlands jointly announced that they had set an OSW capacity target of at least 76 GW by 2030, 193 GW by 2040 and 260 GW by 2050. As part of the joint statement, Belgium has agreed to a non-binding target of 6 GW of OSW capacity by 2030 and 8 GW by 2040.

Policy Watch

How does Indonesia’s JETP compare to net zero pathways?

The Indonesian JETP raises the country’s ambition for power sector decarbonisation and closely aligns to a pathway that delivers Indonesia’s target of net zero by 2060. At the G20 summit in Bali – and on the same day as COP27’s Energy Day – Indonesia announced its ‘Just Energy Transition Partnership’ (or JETP). The groundbreaking deal secures $20bn funding from the US, Japan and others to help Indonesia accelerate the transition from coal to clean electricity.

Tech Talk

A Growing Market: Trends in the remote solar monitoring space

The performance of solar plants is a function of multiple components su­ch as panels, inverters and transformers. These devices are subject to malfunctions and failure due to environmental and systemic factors. In order to effectively and timely manage inefficiencies in the solar power system, remote solar monitoring sy­stems are being dep­lo­yed.

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Webinars & Videos

Powering Agri-food Value Chains with Geothermal Heat – Africa

In African countries, geothermal heat applications along the agri-food value chain have the potential to enhance food productivity, reduce food spoilage, and add value to food produce. This would result in food security, more employment opportunities and higher incomes for the employees and other agri-food stakeholders. Geothermal energy would also contribute to the sustainability of the agri-food sector by reducing carbon emissions.

Knowledge Centre

IDFC Green Finance Mapping 2022: Report

Since 2011, the International Development Finance Club (IDFC) has conducted a periodic mapping of member institutions’ green finance contributions. In 2021, IDFC members reported a record high of USD 224 billion in total green finance commitments, a 21% increase from 2020. Cumulatively, green finance commitments by IDFC members surpassed USD 1.2 trillion since the Paris Agreement was signed in 2015.

Finance

The Rise of Climate Fintech

The climate crisis is a defining challenge for Asia and the Pacific, which as a region is the most vulnerable to global warming, and a significant contributor to its cause. Yet, it is not all doom and gloom. Driven by a combination of climate change, finance, and digital technology —collectively known as ‘climate fintech’ — the financial services industry is preparing to address these challenges and capture opportunities for transitioning to a more sustainable economy. 

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