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Siemens Energy to Deliver Transformers to Scotland’s Largest Offshore Wind Farm

Siemens Energy has been selected by MHI Vestas Offshore Wind (MHI Vestas) to deliver 114 low-loss 66kV distribution transformers for the Seagreen Offshore Wind Farm in Scotland. With an installed capacity of...

Urgent Action Needed for the Energy Transition in Heating and Cooling

The transition to cleaner, more sustainable heating and cooling solutions can attract investment, create millions of new jobs and help to drive a durable economic recovery in the wake of the global...

Tripling Renewables Investment to Reach Climate Goal

Global renewable energy investment increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate...

Institutional Capital: Closing the Energy Transformation Investment Gap

The energy transformation is unstoppable. Renewable energy capacity additions have consistently outpaced the growth of traditional forms of energy over much of the last decade and in what has been dubbed the...

Climate Investment Platform: Plugging the Energy Investment Gap in Developing Countries

IRENA and Climate Investment Platform partners are working closely to advance renewables deployment efforts in developing countries. Access to renewable energy finance remains a key challenge for developing nations. While many countries across...

Countries Raise the Sails on Offshore Renewables Sector

Offshore renewables, including offshore wind, wave, tidal, ocean thermal, and floating solar PV, will witness substantial growth in capacity over the next decade and play an essential role in the global energy...

Innovation Week 2020 Kicks Off with Focus on Renewable Solutions in Transport and Industry

IRENA’s third Innovation Week has officially started. Opened by IRENA’s Director-General Francesco La Camera and global energy leaders in a high-level event today, more than 1800 policy makers, innovators, developers and investors...

Finance for Renewables in Developing Countries Is on the Rise

Global finance to developing countries in support of clean and renewable energy reached USD 21.3 billion in 2017. This almost doubles the level from 2010 when international financial flows were at USD 10...

Renewables at Heart of Reaching Zero Emissions in Industry and Transport

Only seven industry and transport sectors will account for 38% of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the...

Partnership Between UNEP and ReNew Power to Increase Access to Clean Energy in India

India’s largest renewable energy company, ReNew Power, and the UN Environment Programme (UNEP) have signed a partnership agreement to promote increased access to renewable energy and improved energy efficiency.The strengthened partnership between...

Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity

High-level energy and climate decision makers from Latin America and the Caribbean underlined the importance of low-carbon energy policy to securing stable, long-term prosperity across regional economies, during a webinar co-hosted by...

Strong Cooperation and Enabling Policies Can Lead Energy Transformation in Southeast Asia

Meeting future energy demand in the Association of Southeast Asian Nations (ASEAN) is a high priority in the region. With current indigenous fossil fuel resources incompatible with climate and sustainable development goals,...

BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy

bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering...

Resalta Begins Third Energy Retrofit Project of the City of Ljubljana

Resalta, Petrol and the City of Ljubljana signed the agreement for the third energy retrofit project of the City of Ljubljana. The project includes 27 municipal buildings, of which 17 will undergo...

30 Innovative Solutions Show Path to Renewable-Powered Future

Recently, IRENA has published the full series of 30 Innovation Briefs under its Innovation Landscape report. It is the most comprehensive analysis available on innovation priorities that policymakers must address to successfully...

City of Sydney Goes 100 percentage Renewable

As of July 1, Sydney, the largest city in Australia, will power all its operations — street lights, sports facilities, buildings, and the historic Town Hall — with 100% renewable energy from...

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