Tag: IRENA

Record Growth in Renewables, but Progress Needs to be Equitable

Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity...

IRENA DG’s Indonesian Mission Breaks Ground on Future G20 Investment Forum

Led by the International Renewable Energy Agency (IRENA)’s Director-General, Francesco La Camera, the Agency undertook a four-day mission to Indonesia on 24-27 July. During the mission, the IRENA Director-General met with government ministers...

Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore...

IRENA And OPEC Fund Join Forces To Unlock Investment In Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) are ramping up efforts to advance renewable energy investment and enable access to sustainable finance in emerging...

Ocean Renewables: Powering the Blue Economy

Offshore renewables can play a key role in harnessing the benefits of the blue economy for sustainable development in Small Island Developing States (SIDS), said IRENA Director-General Francesco La Camera, at the...

Energy Transition Holds Key to Tackle Global Energy and Climate Crisis

Short-term interventions addressing the current energy crisis must be accompanied by a steadfast focus on mid- and long-term goals of the energy transition. High fossil fuel prices, energy security concerns and the...

Decarbonised Energy Pathway More Cost Effective than Polluting Alternatives in Central America

A decarbonisation strategy can bring benefits to the Central America region at the same or lower energy system costs than the current planning strategy, according to a new report by the International...

Renewables and Green Gas: The Only Viable Antidote to High Fossil Fuel Prices

Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition. Despite the dramatic fall in prices across these technologies, the dialogue surrounding 'cheap' fossil fuels and...

IRENA and China State Grid Pave Wave Towards Smart Electrification

“Future power grids will be very different from the current ones and will require smart electrification solutions as renewable energy is growing faster than ever,” said IRENA Director-General Francesco La Camera, at...

India and IRENA Strengthen Ties as Country Plans Major Renewables and Hydrogen Push

India’s Ministry of New and Renewable Energy has signed a strategic partnership agreement with IRENA, signalling its intent to further strengthen its collaboration with IRENA in the field of Renewable Energy. The...

Hydrogen Economy Hints at New Global Power Dynamics

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency...

Energy Transition: from Commitment to Action

The energy transition grounded in renewables delivers jobs and economic growth, underpins sustainable development, improves health and is among the most effective responses to climate change. However, the transition must move much faster...

Better Understanding of Rooftop Solar PV Installation Can Support Increased Deployment

The deployment of rooftop solar photovoltaic (PV) systems has increased significantly in recent years thanks to their rapidly declining costs and supporting policies. Solar PV installations can be arranged in smaller configurations...

Energy Community Meets to Advance Off-Grid Renewables in Pursuit of SDGs and Climate Goals

Organised by the International Renewable Energy Agency (IRENA), the fifth edition of the International Off-grid Renewable Energy Conference (IOREC) will take place virtually next week from 7 to 9 December 2021. Now open for registrations,...

IRENA and OLADE Reinforce Commitment to Boost Renewables in Latin America and the Caribbean

The Latin American Energy Organisation (OLADE) and the International Renewable Energy Agency (IRENA), have signed a new agreement to work closely in efforts to scale up the deployment of renewable energy in the Latin...

IRENA Members Welcome New Framework on Just and Inclusive Energy Transition

Representatives from over 50 IRENA member countries gathered for the first meeting of the Collaborative Framework for Just and Inclusive Energy Transitions. The meeting took place during the last week’s IRENA Council...

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