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Renewable Energy News
Global renewable energy capacity surged to new heights in 2015, recording the largest annual growth rate ever according to a new report from the International Renewable Energy Agency (IRENA).
IRENA’s “Renewable Capacity Statistics 2016” shows generation capacity from renewables grew by 152 GW worldwide – a rate of 8.3 percent – during 2015, with the majority of growth coming from new installations of wind and solar power.
The recently launched World Bank Group’s Climate Change Action Plan states it will assist countries in meeting their Paris COP21 pledges – including renewable energy commitments.
Under the Plan, the body intends doubling its current contributions to global renewable energy capacity, with a goal of seeing 30 gigawatts of renewables added by 2020.
The Turnbull government’s reported plan to combine the Clean Energy Finance Corporation and the Australian Renewable Energy Agency is a risky gamble on the future of renewables in Australia, according to Solar Citizens.
National Director Claire O’Rourke said the reports of funding ARENA’s grants program with borrowings would harm research and development, demonstration projects and deployment projects, all core elements that ensure technological advances and strategic investment are possible.
The ACT continues to surge towards its 100 per cent clean energy target, with the commencement of the territory’s second utility-scale solar farm.
The 13 MW Mugga Lane Solar Park – which will be the ACT’s second largest PV facility after the 20 MW Royalla solar farm – began construction on 17 March with a sod-turning ceremony overseen by ACT environment minister Simon Corbell.
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