Wednesday, 9 July 2025

Focus on International Energy Agency

China's massive solar industry, which enjoys strong support from the state, makes eight of every 10 solar panels in the world (AFP)
AnalysisBusinessClimate FinanceEconomyElectricityIndustryInfrastructureManufacturingPoliticsRegulationsSolarTrade

China’s solar goes from supremacy to oversupply

China's solar industry, bolstered by state support, faces challenges from foreign tariffs and intense domestic price competition.

News Release

Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal

With solar leading their rapid deployment, renewables are on course to meet almost half of global electricity demand by the end of this...

An aerial view of a field lined with rows of solar panels.
News

Clean energy to meet nearly half of world’s electricity demand by 2030

The world is on course to add the equivalent power capacity of China, the EU, India, and the US combined via renewables.

FILE PHOTO: The Lloyd's of London building is reflected in a window in the City of London financial district in London, Britain, February 1, 2018. REUTERS/Simon Dawson//File Photo
BusinessClimateClimate FinanceEconomyEmissionsEmissions MarketsNatural GasNewsOilPoliticsRegulationsTrade

Lloyd’s of London must stop supporting fossil fuel expansion, says NGO

The Lloyd's of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim...

FILE PHOTO: High-voltage power lines, an electricity pylon and wind turbines are seen near Pedrola, Spain, December 12, 2021. Picture taken on December 12, 2021. REUTERS/Albert Gea/File Photo
EconomyElectricityIndustryInfrastructureManufacturingNewsRegulationsReportsSolarStorageUnited NationsWind

Renewable energy to fall short of UN goal to triple by 2030, IEA says

Renewable energy will meet nearly half of electricity demand by 2030 but fall short of the U.N. goal to triple capacity, IEA reports.

A Manila coal plant could be a model for how developing countries can quit polluting fossil fuel (AFP)
AnalysisBusinessClimateCoalEmissionsEmissions MarketsEnvironmentIndigenousLegislationRegulations

Can carbon credits help close coal plants?

A Philippine coal plant could close early by converting to renewables, funded through carbon credits to cut emissions.

Prime Minister Sir Keir Starmer announcing £22 billion spend on carbon capture and storage projects (Darren Staples/PA)
Carbon ManagementNewsPolitics

UK govt faces criticism for £22 billion spend on carbon capture projects

The UK government faces criticism for spending £22 billion on carbon capture projects while means-testing winter fuel allowances.

AnalysisBiofuelsEconomyEmissionsFuelHydrogenRegulationsReportsSustainable Aviation FuelTrade

Does hydrogen need a passport? The case for global standards for sustainable fuels

A report from the IEA stresses the need for unified global standards in biofuels and hydrogen to better track, and drive, progress on...

This photo released by Easy Solar shows a large solar panels installation on a rooftop of an office building in Freetown, Sierra Leone, Tuesday Aug. 13, 2024. (Muctarr Bah Mohamed/Easy Solar via AP)
BusinessElectricityIndustryInfrastructureManufacturingRegulationsSolarTransmissionUtilities

Solar power companies are growing fast in Africa, where 600 million still lack electricity

Solar companies in Central and West Africa, like Easy Solar, are rapidly expanding, bringing affordable electricity to off-grid homes.

The Prime Minister made his comments during a visit to a glassmaking factory in Cheshire (Darren Staples/PA)
BusinessCarbon ManagementEconomyNewsPoliticsRegulations

£22bn carbon capture pledge can ‘relight fires of renewal’, says Starmer

Sir Keir Starmer pledges £22B for carbon capture to create jobs, boost energy security, and revitalize deindustrialized areas.

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