Global efforts to tackle climate change are futile as long as opposition to nuclear power persists, delegates heard at the opening session of the International Atomic Energy Agency's International Conference on Climate Change and the Role of Nuclear Power. It is the Vienna-based agency's first conference on this topic.

"Greater magnitudes of uncertainty lead to volatility," he said, "and for a capital-intensive sector like ours, this means less investment and more risk to security of supply. This is especially true in power markets that are open to competition: their market design must be adaptive, and long-term contracts used for all types of generation."

As much as $71 billion of Japanese coal assets could be at risk as the economic viability of plants is undermined by cheaper renewable energy, research by the University of Tokyo, Carbon Tracker and the Carbon Disclosure Project showed on Sunday.

EIA projects that renewables will collectively increase to 49% of global electricity generation by 2050. Of the top three renewable sources, EIA expects solar’s share of generation to grow the fastest and hydroelectric’s share to grow the slowest.

Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil.

The U.S. solar energy industry will add an additional 113,000 jobs and generate $87 billion in investment over the next decade if U.S. lawmakers extend the sector’s key tax credit, a report published on Tuesday said.

"Currently, we are meeting more than 30% of the electricity through renewable energy," Erdoğan explained, as he vowed to boost the current rate to 39% by 2023.

Our latest agreements will also spur the construction of more than $2 billion in new energy infrastructure, including millions of solar panels and hundreds of wind turbines spread across three continents. In all, our renewable energy fleet now stands at 52 projects, driving more than $7 billion in new construction and thousands of related jobs.

After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, driven by solar PV’s strong performance,

Energy ministers from across Central Asia committed their countries to collaborating on meeting the United Nations' seventh Sustainable Development Goal (SDG), which pledges 'affordable and clean energy' by 2030. The meeting is the first time they have come together to discuss the region's common energy challenges.