International Renewable Energy Agency
The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.
See below for the Latest IRENA News, Analysis, Profit Results, Share Price Information, and Commentary.
Renewables save $520b in fuel cost for the power sector
Around 86% of the commissioned RE capacity last year had lower costs than fossil fuel electricity.
Renewables save $520b in fuel cost for the power sector
Around 86% of the commissioned RE capacity last year had lower costs than fossil fuel electricity.
Masdar, IRENA to launch roadmap to triple RE capacity by 2030
They will set up an outline of global targets for renewable energy.
About $44t needed by 2030 for a successful energy transition: report
Investment of around $35t should be allotted for transition technologies.
Asia accounts for over half of new RE capacity in 2022
China led the growth with the addition of 141GW during the period.
Middle East posts record-high RE growth in 2022
Its capacity rose by 12.8% last year.
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
Global renewable investment reaches record-high $500b in 2022
Energy transition technologies investments also reached a record $1.3t.
East Asia and Pacific account for majority of RE investments globally
Investments in the region were led by China.
Reducing green hydrogen production costs hangs on gov’t support
Hydrogen can reduce 10% of the total emissions to meet the global net-zero target, IRENA said.
Renewables key to expensive Kyrgyz energy imports: IRENA
Kyrgyzstan wants to reduce carbon emissions by 44% by 2030.Â
G7 hydrogen consumption could grow by up to 7 times
IRENA asked the G7 countries to lead the market.Â
Industry decarbonisation alliance identifies six priorities
The six pillars include renewables, and green energy, amongst others.
IRENA’s energy transition platform bags $1b investments
The platform aims to ramp up funding for renewable projects in developing countries.
Japan, 8 others join Global Offshore Wind Alliance
The alliance targets to speed up the installation of offshore wind.
Renewables are now more cost-effective for Indonesians: report
Energy cost-saving is estimated to be worth US$400b-600b to 2050.Â
Targeted RE capacity needs to be doubled by 2030 to reach climate goals
Total capacity needs to reach 10.8TW from the current target of 5.4TW.
Renewable energy employment reaches 12.7 million in 2021
Around 700,000 new workers were employed last year.
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The company’s Energy Integrated Platform enables customers to see real-time energy consumption data, allowing for optimised usage.
The company’s Energy Integrated Platform enables customers to see real-time energy consumption data, allowing for optimised usage.
