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.
G7 hydrogen consumption could grow by up to 7 times
G7 hydrogen consumption could grow by up to 7 times
IRENA asked the G7 countries to lead the market.
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.
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.
Global alliance formed to boost offshore wind capacity
It aims to increase offshore wind capacity by 670% to 380GW in 2030.
Southeast Asia needs $210b investments annually to reach net-zero goals by 2050
By 2030, the region needs $150b in investments to install 240GW more RE capacity.
IRENA, industry leaders establish Alliance for Industry Decarbonisation
The industrial sector is responsible for around 28% of GHG emissions.
Cost-competitive renewables save $55b in global energy generation in 2022
Electricity costs from wind and solar power declined in 2021.
Global hydrogen trade needed to achieve climate goal: IRENA
Around 25% of global hydrogen is set for trading by 2050.
Offshore wind industry sees 21.1GW additional capacity in 2021
The GWEC marked this as the industry's “best-ever” year.
IRENA, OPEC Fund tie up to advance RE investment
This is in pursuit of a “just, inclusive, and equitable energy transition.”
IRENA’s energy transition finance platform gets $400m in funding
The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.
IRENA, RCREEE renews partnership to scale up RE deployment in MENA
The agencies will collaborate in regional dialogues and initiatives to strengthen energy transition.
IRENA backs UN call to speed up energy transition
UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.
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