Analysis by the International Renewable Energy Agency (Irena) shows the cost of renewables has fallen dramatically since 2010, and further drops are expected in the coming years.
Irena suggested that this strengthens the case for making wind and solar PV central to economic stimulus packages after the Covid-19 pandemic.
Germany includes renewables in fight against recession
Germany unveiled a €130 billion stimulus package to reinvigorate the national economy after the pandemic this week.
The package caps clean energy surcharges paid by consumers and offers a glimpse of a long-awaited strategy to support green hydrogen.
US renewables join forces to aim high
The American Wind Energy Association’s inaugural Cleanpower forum - expanded to include solar PV, storage and the wider energy mix — which has been scheduled to take place in Denver, Colorado, this week, was instead held online.
At the event, AWEA and three other clean energy sector bodies, vowed to work together to make renewables provide the majority of the US’ electricity by 2030.
UK follows in calls for green recovery
National and international businesses, including banks and utilities, sign a letter urging the UK government to drive investment in low-carbon infrastructure as part of its post-virus economic recovery efforts.
The signatories suggest offshore wind, electric vehicles, and building renovation — among other technologies and projects — could boost private investment and create jobs across the country.
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