Today, at the Ukraine Recovery Conference in Berlin, the International Renewable Energy Agency (IRENA) and the Energy Community Secretariat (ECS) jointly put forward a Letter of Intent to closely work together in support of sustainable energy initiatives in Ukraine. Ukraine, an IRENA Member since 2018, appealed to the Agency and its Member Countries during the … Continue reading IRENA Supports Ukraine in Rebuilding Damaged Energy Infrastructure
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Investment opportunities for utility-scale solar and wind areas: El Salvador
Through a rigorous and collaborative process involving local representatives, this study integrates diverse datasets covering population density, land use and infrastructure networks, as well as renewable and meteorological data, to identify favourable zones in El Salvador for utility-scale solar photovoltaic (PV) and onshore wind projects. The analysis reveals that a significant portion of El Salvador’s … Continue reading Investment opportunities for utility-scale solar and wind areas: El Salvador
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Tripling renewable power by 2030: The role of the G7 in turning targets into action
The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in the United Arab Emirates called upon countries to achieve a tripling of installed renewable power generation capacity by 2030 in order to keep the world on a pathway compatible with the 1.5°C climate goal. Despite the addition of … Continue reading Tripling renewable power by 2030: The role of the G7 in turning targets into action
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The cost of putting photovoltaic panels into operation falls by more than 80%
The average capital costs of building photovoltaic power plants have fallen by more than 80% over the last decade, according to data from the International Renewable Energy Agency (IRENA). The global average cost of operating 1 kilowatt (kW) of photovoltaic panels has fallen from $5,124 in 2010 to $876 in 2022 (all values ??are in … Continue reading The cost of putting photovoltaic panels into operation falls by more than 80%
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Brazil reaches sixth position in the world ranking of photovoltaic solar energy (PV)
Brazil ended 2023 in sixth place in the world ranking of photovoltaic solar energy generation, shows a report from the International Renewable Energy Agency (Irena). According to the study, the country reached 37 GW of installed capacity and gained two positions compared to the 2022 list, surpassing Italy and Australia. The ranking takes into account … Continue reading Brazil reaches sixth position in the world ranking of photovoltaic solar energy (PV)
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Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
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 of 3 870 Gigawatts (GW) globally. Renewables accounted for 86% of capacity additions; however, this growth is unevenly distributed across the world, indicating … Continue reading Power capacity additions reached a new benchmark of 473 gigawatts in 2023, but many countries are cut off from the benefits of energy transitions
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Why upgrading the international renewables classifications is crucial to the energy transitions
The energy systems today are more complex than ever. Countries are using more renewable energy solutions to move away from fossil fuels as the main source of energy in many contexts. This is good news for a cleaner and more sustainable energy future. But as the shift takes place, a few issues emerge in keeping … Continue reading Why upgrading the international renewables classifications is crucial to the energy transitions
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Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
The Central Electricity Board (CEB), under the Ministry of Energy and Public Utilities of Mauritius, has made significant strides in scaling up the deployment of solar (photovoltaics) PV systems under the Home Solar Project (HSP) scheme. The initiative is made possible through concessional funding from Abu Dhabi Fund for Development (ADFD), which has availed USD … Continue reading Photovoltaic solar energy reduces electricity costs and carbon emissions for 2,000 Mauritian homes
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Innovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production
According to the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook 2023, the most realistic way to course correct the 1.5°C Pathway is by tripling renewable energy and the doubling of energy efficiency by 2030. Green hydrogen has an important role to play in helping reach of that target. Over the last few years, … Continue reading Innovative Policymaking is Crucial to Drive Green Hydrogen Market and Ensure its Sustainable Production
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IRENA-WTO report highlights role of trade in developing green hydrogen markets
A joint report by the International Renewable Energy Agency (IRENA) and WTO published on 9 December provides insights on global hydrogen trade and related policies for scaling up production. Hydrogen produced exclusively from renewable power – known as green hydrogen – is widely recognised as a key pillar in replacing fossil fuels and decarbonizing sectors … Continue reading IRENA-WTO report highlights role of trade in developing green hydrogen markets
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New Report Highlights Renewables as Climate Mitigation and Economic Diversification Opportunity for Gulf Countries
oday, the International Renewable Energy Agency (IRENA) unveiled a report on the progress of renewable energy in countries of the Gulf Cooperation Council (GCC). Renewable Energy Markets: GCC 2023 suggests that GCC countries can leverage existing resources to develop innovative renewable energy-based solutions not only to mitigate climate change, but also to diversify their economies, … Continue reading New Report Highlights Renewables as Climate Mitigation and Economic Diversification Opportunity for Gulf Countries
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IRENA and World Meteorological Organization Launch Report on Renewable Energy and Climate Variability
The International Renewable Energy Agency (IRENA) and World Meteorological Organization (WMO) have released their first joint report to strengthen understanding of renewable energy resources and their intricate relationship with climate variability and change. It seeks to inform policymaking and hasten the transition away from polluting fossil fuels and towards a cleaner, greener energy future. The … Continue reading IRENA and World Meteorological Organization Launch Report on Renewable Energy and Climate Variability
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IRENA Call to Triple Renewables by 2030 Becomes a Key Commitment at COP28
At COP28 today, Heads of State agreed to triple global renewable energy capacity by 2030, aligning with the International Renewable Energy Agency’s (IRENA) World Energy Transitions Outlook on how to close the energy transition gap to stay on a 1.5°C Pathway. WETO underscores that tripling renewable energy and doubling energy efficiency by 2030 is the … Continue reading IRENA Call to Triple Renewables by 2030 Becomes a Key Commitment at COP28
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Heads of State Accelerate the Partnership for Renewables in Africa at COP28
Leaders of the ‘Accelerated Partnership for Renewables in Africa’ (APRA) gathered at the COP28 in Dubai today to drive a resilient and inclusive green growth in Africa through renewables. In a joint declaration, Kenya’s President William Samoei Ruto, Namibia’s Deputy-Prime Minister Netumbo Nandi-Ndaitwah, the Danish Prime Minister Mette Frederiksen and the German Chancelor Olaf Scholz … Continue reading Heads of State Accelerate the Partnership for Renewables in Africa at COP28
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Accelerated Energy Transition Can Add 40 million Energy Sector Jobs by 2050
Progressive policies are critical to boost the socio-economic benefits of the energy transition and spread them broadly across the world, a new report released by the International Renewable Energy Agency (IRENA) ahead of the UN Climate Conference COP28 in Dubai finds. Volume 2 of IRENA’s World Energy Transitions Outlook 2023, looks at the socio-economic impacts … Continue reading Accelerated Energy Transition Can Add 40 million Energy Sector Jobs by 2050
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IRENA, the Architect of the Energy Transformation
The upcoming COP28 in Dubai offers a unique opportunity to position the renewable-based energy transition as a key solution to address climate change. Given the intensifying international efforts to accelerate progress towards reaching the 1.5°C climate goal, accelerating the global energy transition is in the centre of the climate discourse. IRENA’s World Energy Transitions Outlook … Continue reading IRENA, the Architect of the Energy Transformation
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Offshore wind patents on the rise, new study by IRENA and EPO shows
The global renewable power capacity must triple by 2030 to keep the 1.5°C target of the Paris Agreement within reach. Offshore Wind capacity would need to reach almost 500 GW in 2030, a fourteen-fold increase in comparison to 2020. Offshore technology’s high energy output and its ability to be built up quickly at gigawatt-scale makes … Continue reading Offshore wind patents on the rise, new study by IRENA and EPO shows
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Removing Barriers for Green Hydrogen Deployment
According to IRENA’s World Energy Transition Outlook, hydrogen and its derivates are projected to make up 14% of global total final energy consumption by 2050 in a world aiming to stay under a 1.5-degree temperature increase. The eighth meeting of the Collaborative Framework on Green Hydrogen, therefore addressed the barriers stakeholders face when entering and … Continue reading Removing Barriers for Green Hydrogen Deployment
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COP28, IRENA and Global Renewables Alliance outline roadmap at Pre-COP on fast-tracking the energy transition by tripling renewable power and doubling energy efficiency by 2030
Abu Dhabi, United Arab Emirates, 30 October 2023 – The COP28 Presidency, the International Renewable Energy Agency (IRENA), and the Global Renewables Alliance (GRA) launched a joint report today on the sidelines of the Pre-COP event in Abu Dhabi, titled “Tripling Renewable Power and Doubling Energy Efficiency by 2030: Crucial Steps Towards 1.5 °C.” The … Continue reading COP28, IRENA and Global Renewables Alliance outline roadmap at Pre-COP on fast-tracking the energy transition by tripling renewable power and doubling energy efficiency by 2030
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MENA’s Transforming Role in an Evolving Energy Landscape
The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth. However, fossil fuel-driven growth has proven to be unsustainable for both people and planet. As the climate action clock ticks, and with the global community in a race to curb carbon emissions, the MENA region … Continue reading MENA’s Transforming Role in an Evolving Energy Landscape
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