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Renewable energy demand increases despite the pandemic According to latest market update analysis by the International Energy Agency (IEA), despite the pandemic, Renewable Energy were the only energy source where demand increased in 2020 while demand for other fuels declined   Fast growth rate [caption id="attachment_5337" align="aligncenter" width="1236"] Renewable energy capacity additions 2022[/caption] Renewable energy sources have seen their faster Read more The Resilience of Renewable Energy Through The Pandemic

According to the International Energy Agency, the next few years will see renewable energy dominate worldwide electricity capacity which will be lead by solar and wind.   Renewables Added Capacity IEA's "Renewable Energy Market Update 2021" report said that last 2020 the capacity added from renewable energy increased to 45% to almost 280GW. This is the highest annual Read more Renewable energy to dominate worldwide electricity capacity

With resources that can generate up to 3,000 gigawatts (GW), and a “highly-liberalized” active spot market, the Philippines is touted as second best investment destination for renewable energy across Southeast Asia according to a report from HSBC Global Research. The independent research considered entry barriers and regulatory environments in the Philippines, Thailand, Indonesia, Malaysia, Vietnam and Read more Philippines is the second highest investment destination for renewables across Southeast Asia – report

  Renewable energy is increasingly becoming the dominant source of power over the last decade and is expected to become the world's main source of power by 2030.   Source: Renewable Capacity Statistics 2021 IRENA   A record 261 gigawatts (GW) of renewable energy capacity was installed in 2020, twice the capacity added globally the year before. Solar energy continues Read more Renewable Energy, World’s primary source of power by 2030

EU is now getting more electricity from renewable energy sources than fossil fuels, according to an annual report from Ember and Agora Energiewende. According to the report, in 2020 renewable energy from wind and solar contributes up to 38% surpassing fossil fuels such as coal and gas which contributed 37% Spain and Germany also hit this important Read more Renewable energy surpassed fossil fuels in EU electricity production