• About
  • Privacy Policy
  • Contact
Tuesday, March 28, 2023
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home Business

Solar energy; new king of global electricity markets – IEA chief

by Diplomatic Info
February 18, 2021
in Business, International
0
Solar energy; new king of global electricity markets – IEA chief
0
SHARES
5
VIEWS
Facebook ShareShare on WhatsAppTweet it!

Moscow, Feb. 17 – Solar energy has become the “new king’’ of the world’s electricity markets, as it has successfully withstood the COVID-19 crisis and is forecast to grow significantly over the coming years.

Head of the International Energy Agency (IEA) Fatih Birol said on Wednesday.

“There was only one energy source which was immune to COVID and it was renewables.

Renewables, in spite of the COVID, we have seen an increase in solar and wind energy in many countries around the world.

“And solar is doing so strongly, I have nicknamed solar as the new king of global electricity markets,’’ the IEA Executive Director said at the Symposium on Energy Outlooks, held jointly with OPEC and the International Energy Forum (IEF).

While fossil fuels took a body blow in 2020 amid the pandemic, renewable sources of energy were still forecast to enjoy a six per cent increase in power capacity, according to the IEA.

At the same time, renewable are forecast to overtake coal to become the largest source of electricity generation by 2025 with a share of 33 per cent, while in 2021 renewables will enjoy a record  of 10 per cent hike in capacity additions, the IEA said in 2020 .(Sputnik/NAN)

Diplomatic Info

Diplomatic Info

Next Post
UN urges G20 to prepare “Global Vaccination Plan”

UN urges G20 to prepare “Global Vaccination Plan”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

ERC implements 8th phase of campaign against eye disease in Morocco

ERC implements 8th phase of campaign against eye disease in Morocco

10 months ago
Christmas: Gov. Ugwuanyi asks Enugu residents to renew their faith in God

Christmas: Gov. Ugwuanyi asks Enugu residents to renew their faith in God

3 months ago

Popular News

    Connect with us on Facebook

    Subscribe to Our Newsletter

    Enter your email now to join our community of readers, and get new contents straight to your inbox

    We promise to not spam you

    Thanks for joining in.

    Category

    • Africa
    • Benin
    • Burkina Faso
    • Business
    • Cote D'Ivoire
    • Cover Story
    • Diplomacy
    • ECOWAS
    • Education
    • Embassy News and Info
    • Events
    • Ghana
    • Guinea
    • Guinea Bissau
    • International
    • Liberia
    • Mali
    • News
    • Niger
    • Nigeria
    • Politics
    • Programs
    • Security
    • Senegal
    • Sierra Leone
    • The Gambia
    • Togo
    • Uncategorized

    Quick Links

    • About
    • Contact
    • Privacy Policy
    • Advertise

    About Us

    Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

    © 2021 Diplomatic Info - Built by O.V.

    No Result
    View All Result
    • Home
    • Diplomacy
    • Embassy News and Info
    • Events
    • Business
    • Politics
    • Security
    • News
    • Cover Story
    • Africa
    • ECOWAS
      • Togo
      • Sierra Leone
      • Senegal
      • Nigeria
      • Niger
      • Mali
      • Liberia
      • Guinea Bissau
      • Guinea
      • The Gambia
      • Cote D’Ivoire
      • Ghana
      • Cabo Verde
      • Benin
      • Burkina Faso
    • International
    • Contact

    © 2021 Diplomatic Info - Built by O.V.