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IRENA: Green energy-led coronavirus recovery would deliver $98tr boost by 2050

Business Green

In its most comprehensive assessment of the global energy transition to date, the International Renewable Energy Association (IRENA) today set out a compelling case for ensuring post-Covid-19 economic stimulus packages align with long-term climate and sustainable development objectives.

Energy 95
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How India’s Renewable Energy Sector Survived and Thrived in a Turbulent 2020

GreenTechMedia

” India’s total installed capacity renewable energy, not including hydropower, currently stands at 90 gigawatts. The country’s discoms, which have long suffered from financial woes , fell deeper into debt due to weak power demand caused by the COVID-19 pandemic. It will reach 175 gigawatts before 2022.”

Energy 130
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Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

trillion federal spending and tax extension package negotiated by congressional leaders over the weekend alongside a $900 billion coronavirus relief package. More states should be emboldened to join ranks with states that have adopted ambitious offshore wind mandates to support decarbonization of their power grids."

Packaging 130
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Sweeping Senate Energy Bill Could Come to a Vote This Week

GreenTechMedia

Senate will consider a bipartisan energy package this week that could be this year’s best legislative hope to increase federal funding for a number of energy technologies, from solar, wind and batteries, to more efficient fossil fuel-fired power and carbon capture. Grid modernization. industry and jobs. Energy storage.