Gergely Karbuczky, Deputy CEO and COO of the Hungarian Investment Promotion Agency (HIPA), speaks at the 2024 Hungary Renewable Energy Business Investment Summit in Budapest, Hungary, on April 9, 2024. Industry leaders and government officials from Hungary and China convened on Tuesday at the 20...
GENEVA, Oct. 11 (Xinhua) -- Global investments in renewable energy should be tripled by 2050, in order to put the world on the trajectory towards net zero emissions, according to the latest report released by the World Meteorological Organization (WMO) on Tuesday. The supply of electricity f...
The rate of spending on renewable energy deployment, across both asset finance and small-scale solar, needs to rise 76% to align with a net-zero pathway. According to BNEF’s New Energy Outlook, the world needs to spend a total of $8.3 trillion on renewable energy deployment between 2023 ...
Investment in renewable energy is an investment in our future. This paper explores the determinants of investment in renewable energy capacity in Europe, the Former Soviet Union, and the Middle East and North Africa. It explores the major challenges each of these regions faces in moving towa...
on April 9, 2024. Industry leaders and government officials from Hungary and China convened on Tuesday at the 2024 Hungary Renewable Energy Business Investment Summit to discuss collaboration opportunities, showcasing the deepening economic ties between the two nations. (Photo by Attila Volgyi/Xinhua...
This paper examines if recent sharp declines in the price of oil and other fossil fuels will discourage private investment in renewable energy, which is key for climate change mitigation. The increase in private renewables investment in the Latin America and the Caribbean (LAC) region have been ...
The framework is used to analyze energy policy, as well as the reaction of producers to uncertainty in the political and regulatory framework. In this way, we are able to compare different policies to foster investment into renewables and analyze their impacts on the market. Highlights ► Feed...
Renewable energy technologies such as solar photovoltaics and onshore wind power can help sub-Saharan Africa meet its energy requirements from sources that have lower emissions than fossil fuels. Currently, the sub-continent gets 0.01% of its energy supply from wind, 2% from solar, about 4%-5%...
Data for investment into renewable energy resources in Africa, Brazil and China, respectively. Presently, the government Nigeria is mainly unavailable due to over reliance on conventional has embarked on a massive investment programme to increase the resources for energy generation. However, recent devel...
This urgent call was made during a session titled 'Just Energy Transition in the Global South: Challenges for Tripling Renewable Energy by 2030' at the UN's annual climate change conference in Baku, Azerbaijan, on Tuesday, November 19. The session was jointly organized by ActionAid Bangladesh, ...