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Solar will Become More Competitive than Coal by 2040: IEA

IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […]

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IEA Predicts India Will Lead the World in Clean Energy By 2040

Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […]

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Solar Power a Clear Leader, IEA Report Finds

For the first time ever, there were more grid additions from solar power than another other type of fuel, the International Energy Agency said. IEA Executive Director Fatih Birol said that, by 2022, renewables in general will equal about half the global capacity for coal power and its solar energy in particular that’s leading the […]

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Encourage Members to Increase Renewables in Energy Mix: R K Singh to IEA

The four main areas of focus of IEA will be energy security, economic development, environmental awareness and engagement worldwide. The International Energy Agency (IEA) should encourage its member countries to increase share of renewables in their energy baskets, Power Minister R K Singh told the press. “IEA should encourage all its member countries to increase […]

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Cypress Creek Renewables and TriEagle Energy Join Forces to Make Clean Energy More Accessible and Affordable in Texas

Cypress Creek Renewables and TriEagle Energy, independent energy retailer based in Woodlands, Texas, today announced the launch of a new direct-to-consumer program that will make solar energy more accessible to thousands of Texas consumers. Through the new SunEagle program, residents in North Texas can instantly enjoy the benefits of solar energy—low, fixed rates for years and a 100% renewable energy […]

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Rising Heat, Rising Demand: Demand Response Makes a Case For India

Climate change has caused the global temperatures to soar to new heights with the world now witnessing significant heatwaves, and with that the rise of global cooling needs. In the new era of power consumption dominated by renewable energy (RE), Demand Response (DR) may play a crucial role in optimal use of power, especially in […]

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Global EV Battery Standards Tighten: What It Means for the Electric Mobility

Electric vehicles (EVs) have shifted from niche to mainstream, and the EV batteries are becoming a critical influencer of their rate of adoption worldwide. In just the last couple of years, EV sales and boom in the related battery market have shattered records worldwide, led by markets like China, Europe, and the United States. This […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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