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German government investing $115M in renewable energy in Africa

Renewable Energy World

million) in investment to accelerate the deployment of renewable energy across Africa. The capital will be invested through the African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to unlock private sector participation in funding the region’s transition to low-carbon energy resources. The time to act is now. ”.

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Study: Middle Eastern Countries Would Save Money by Ditching Fossil Fuels in Power Mix

GreenTechMedia

Abandoning fossil fuels for electricity generation by 2030 would save money for countries in the Middle East and North Africa (MENA), according to new research into renewable energy in the area. Middle East solar energy prices continue to fall.

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'The sky's the limit': How 'cheap, abundant' renewables could boot fossil fuels from the electricity sector by mid-2030s

Business Green

Carbon Tracker study finds solar and wind energy potential is 100 times as much as global energy demand. per cent of wind potential tapped thus far. As such, the analysts predict exponential growth for the solar and wind power sectors, noting that "humans specialise in extracting cheap energy, and fast".

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Could wind power the green recovery?

Business Green

But few sectors can lay as strong a claim for playing a central and strategic role in any recovery, as the renewables industry in general and the wind power sector in particular. Furthermore, 1GW of offshore wind power avoids 3.5

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Global wind power grows by more than 60GW in 2019

Business Green

But Global Wind Energy Council forced to revise its forecasts for 2020 and beyond as coronavirus fallout continues. Meanwhile, the growing number of wind farms around the world continues to be largely driven by financing via market based policy mechanisms, such as the UK's Contracts for Difference scheme, it seems.

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Industry urges governments to 'quadruple wind power roll out to keep 1.5C alive'

Business Green

The global wind industry has shown impressive resilience through the COVID-19 pandemic, but growth rates still need to quadruple by 2030 if the sector is to play a full role in keeping the Paris Agreement's 1.5C per cent less than the year-over-year wind energy growth rate in 2020. "The temperature goal "alive".

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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

The Global Wind Energy Council (GWEC) has published the 15th edition of The Global Wind Report , described as the wind industry’s flagship publication which provides a comprehensive, global view of the sector through the latest market data, country profiles, trends and analysis.