Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to triple global renewable energy capacity by 2030. During the UAE Climate Tech Forum in Abu … Continue reading IRENA and Masdar to Collaborate on Setting a Roadmap to Triple Global Renewable Energy Capacity by 2030
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IRENA and thyssenkrupp Agree to Accelerate Green Hydrogen Solutions
The International Renewable Energy Agency (IRENA) has signed a partnership agreement with thyssenkrupp aimed at advancing the green transformation in pursuit of global development and Paris Agreement goals. Under the agreement, both organisations will work together and share knowledge on the large-scale production and supply of green hydrogen and other green energy carriers and their … Continue reading IRENA and thyssenkrupp Agree to Accelerate Green Hydrogen Solutions
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Under the IRENA, Masdar and the AIIB have agreed to commit capital to three solar projects in Uzbekistan
Uzbekistan aims to achieve 7 GW of solar and 5 GW of wind capacity by 2030, with the goal of fulfilling 25% of its electricity demands through renewable energy sources by that time. Upon reaching full capacity, Sherabad, Samarkand and Jizzakh Solar Projects are expected to provide electricity to over a million people and eliminate … Continue reading Under the IRENA, Masdar and the AIIB have agreed to commit capital to three solar projects in Uzbekistan
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Investment Needs of USD 35 trillion by 2030 for Successful Energy Transition
The global energy transition is off-track, aggravated by the effects of global crises. Introduced by IRENA’s Director-General Francesco La Camera at the Berlin Energy Transition Dialogue (BETD) today, the World Energy Transitions Outlook 2023 Preview calls for a fundamental course correction in the energy transition. A successful energy transition demands bold, transformative measures reflecting the urgency … Continue reading Investment Needs of USD 35 trillion by 2030 for Successful Energy Transition
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Record growth in wind power and solar despite the energy crisis
By the end of 2022, global renewable generation capacity amounted to 3372 Gigawatt (GW), growing the stock of renewable power by a record of 295 GW or by 9.6 per cent. An impressive 83 per cent of all power capacity added last year was produced by renewables. Renewable Capacity Statistics 2023, released by the International … Continue reading Record growth in wind power and solar despite the energy crisis
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Women in Renewables Can Be Agents of Change
The transition to a clean and secure energy and efforts to combat climate change hinge on several key factors. One such critical element is closing the gender gap to fully include women in the technical, scientific, and business development of the renewable energy sector. According to IRENA’s World Energy Transitions Outlook 2022 report, by 2030 … Continue reading Women in Renewables Can Be Agents of Change
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Renewables Are the Solution to Malaysia’s Sustainable Future and Renewed Climate Ambition
New report confirms Malaysia’s ability to meet its net zero goal with increased use of local and affordable renewables. According to the report’s findings, transitioning to renewable energy will save Malaysia between USD 9 billion and USD 13 billion annually by 2050 in avoided energy, climate, and health costs. Developed by the International Renewable Energy … Continue reading Renewables Are the Solution to Malaysia’s Sustainable Future and Renewed Climate Ambition
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IRENA and FAO’s Collaboration Drives Better Decision-making for Sustainable Bioenergy Development
The International Renewable Energy Agency (IRENA) and the Food and Agriculture Organization (FAO) are advancing the development of sustainable bioenergy by joining forces in showcasing the mapping of geospatial layers of data on agro-ecological zoning. Within the framework of collaboration under the memorandum of understanding signed in 2021, the two organisations have made available the … Continue reading IRENA and FAO’s Collaboration Drives Better Decision-making for Sustainable Bioenergy Development
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Investments in Renewables Reached Record High, But Need Massive Increase and More Equitable Distribution
The report Global Landscape of Renewable Energy Finance 2023 reveals that global investment in energy transition technologies last year—including energy efficiency—reached USD 1.3 trillion. It set a new record-high, up 19% from 2021 investment levels, and 50% from before the pandemic in 2019. The joint report by the International Renewable Energy Agency (IRENA) and Climate … Continue reading Investments in Renewables Reached Record High, But Need Massive Increase and More Equitable Distribution
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IRENA report highlights hydropower’s evolving role
Current trends in the power sector have prompted changes in the role of hydropower, creating a need to adjust the way these assets are designed, operated and maintained, according to a new report by the International Renewable Energy Agency (IRENA). The “The changing role of hydropower Challenges and opportunities”, produced in the context of IRENA’s … Continue reading IRENA report highlights hydropower’s evolving role
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ASEAN’s Dash to Net-Zero Finishing Line Aided by IRENA
Southeast Asia’s growing economy and population will result in a large increase in energy demand by 2050. Along with this rise, the amount of CO2 emissions related to energy would double. IRENA estimates that the region can meet their growing energy demand with renewables and cut 75 per cent of their energy-related CO2 emissions by … Continue reading ASEAN’s Dash to Net-Zero Finishing Line Aided by IRENA
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IRENA Helps Maritime Sector Ramp-up Decarbonisation Efforts
The maritime shipping industry contributes 3 per cent of the world’s greenhouse gas emissions and is heavily reliant on fossil fuels. Accounting for over 90 per cent of global trade volume, the maritime sector is regarded as the world economy’s backbone. As business expands, emissions are anticipated to rise even further. If the shipping industry … Continue reading IRENA Helps Maritime Sector Ramp-up Decarbonisation Efforts
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Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a new report from the World Health Organization (WHO), the World Bank, the International Renewable Energy Agency (IRENA), and Sustainable Energy for All (SEforAll). Access to electricity is critical for quality … Continue reading Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People
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Renewables Can Provide Nearly 60 Per Cent of Nigeria’s Energy Demand by 2050
Nearly 60 per cent of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40 per cent in natural gas and 65 per cent in oil needs at the same time, according to a new report by the International Renewable Energy Agency (IRENA). With a growing population and a range of … Continue reading Renewables Can Provide Nearly 60 Per Cent of Nigeria’s Energy Demand by 2050
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IRENA’s Top Ten News Pieces in 2022 Showcase Work on Global Energy Transition
Throughout the year, IRENA brings you the latest news on progress, impacts and solutions for the energy transition. Here are our top ten news pieces of 2022. Renewable Power Remains Cost Competitive amid Fossil Fuel Crisis The Renewable Power Generation Costs report shows almost two-thirds of renewable power added in 2021 had lower costs than … Continue reading IRENA’s Top Ten News Pieces in 2022 Showcase Work on Global Energy Transition
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Off-Grid Sector Emerges to Plug Energy Access Gaps
Globally, the percentage of people having access to electricity has risen gradually over recent decades, yet more than 733 million people remain without basic access, according to the latest figures in Tracking SDG 7: The Energy Progress Report 2022. Off-grid and decentralised energy systems have emerged as an alternative to facilitate energy access and resilience … Continue reading Off-Grid Sector Emerges to Plug Energy Access Gaps
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Renewables Can Diminish Expensive Kyrgyz Energy Imports
Rising fossil fuel imports are adding to the financial burdens of Kyrgyztan’s energy sector, according to a new report published today by the International Renewable Energy Agency (IRENA). ‘Renewables Readiness Assessment: The Kyrgyz Republic’ identifies concrete actions that can help address the country’s energy challenges, develop a more diverse energy sector and improve the livelihoods … Continue reading Renewables Can Diminish Expensive Kyrgyz Energy Imports
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IRENA Members Address the Geopolitical Challenges of Energy Transformation
“It is abundantly clear we need to understand the geopolitical implications of the energy transition, so that we can proactively shape its outcomes,” remarked IRENA Director-General Francesco La Camera at the opening of the sixth meeting of the Collaborative Framework on the Geopolitics of Energy Transformation. The virtual meeting was attended by nearly 40 participants … Continue reading IRENA Members Address the Geopolitical Challenges of Energy Transformation
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Bankable Power Purchase Agreements are an Important Element of Renewables Investments in Caribbean SIDS
Despite economic challenges caused by the pandemic, Small Island Developing States (SIDS) renewable energy capacity keeps growing towards the SIDS Lighthouses target of 10 GW of total installed renewables capacity by 2030. According to the International Renewable Energy Agency (IRENA)’s data, the SIDS currently account for almost 7 GW of installed renewables capacity. The growth reflects … Continue reading Bankable Power Purchase Agreements are an Important Element of Renewables Investments in Caribbean SIDS
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Accelerating Energy Transition Solutions at COP27
At the UN Climate Change Conference COP27 in Sharm el-Sheikh, IRENA’s Director-General Francesco La Camera addresses world leaders, industry CEOs, global partners, and allies. As the world increasingly recognises renewable energy as a multiplier solution that addresses climate challenges, fosters socioeconomic growth and enhances energy security amid a global energy crisis, Francesco La Camera emphasised … Continue reading Accelerating Energy Transition Solutions at COP27
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