Tag Archives: Irena

Asian Infrastructure Investment Bank and IRENA Team-Up to Accelerate Asia’s Energy Transition

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a … Continue reading Asian Infrastructure Investment Bank and IRENA Team-Up to Accelerate Asia’s Energy Transition

Continue reading

Ministers, Mayors, CEOs Announce Huge Push on Clean and Efficient Energy

On Energy Action Day, nations, the private sector, cities and international organizations announced major new initiatives on greening urban energy, the phasing out of oil and gas, and promoting hydrogen as a clean fuel. The virtual event, which took place ahead of the UN High-Level Dialogue on Energy, aimed to accelerate collective action towards net-zero … Continue reading Ministers, Mayors, CEOs Announce Huge Push on Clean and Efficient Energy

Continue reading

IRENA and Hydrogen Council Forge Alliance to Scale Up Hydrogen Across the Energy System

The International Renewable Energy Agency (IRENA) and the Hydrogen Council, a global CEO coalition, have signed a Partnership Agreement to jointly advance green hydrogen across the energy system and make a significant contribution to global net zero goals. Signed by Francesco La Camera, Director-General of IRENA, and Daryl Wilson, Executive Director of the Hydrogen Council, … Continue reading IRENA and Hydrogen Council Forge Alliance to Scale Up Hydrogen Across the Energy System

Continue reading

IRENA and IAEA to Help African Union Develop Continental Power Master Plan with EU support

The International Renewable Energy Agency (IRENA) and the International Atomic Energy Agency (IAEA) have been selected as modelling partners for the development of the African Continental Power Systems Master Plan (CMP). The initiative is led by the African Union Development Agency (AUDA) with the technical and financial support of the European Union (EU), and is … Continue reading IRENA and IAEA to Help African Union Develop Continental Power Master Plan with EU support

Continue reading

Indigenous Resources Key to Energy Security and Universal Access in Botswana

Significant wind power and solar energy potential and abundant biomass residues present considerable opportunities for Botswana to enhance domestic energy security and increase access to modern energy services, according to a new report published today by the International Renewable Energy Agency (IRENA). Short-to-medium term actions in the areas of policy, regulation, risk and investment can … Continue reading Indigenous Resources Key to Energy Security and Universal Access in Botswana

Continue reading

How Solar Water Heaters Industry Benefits the Local Economy

Heating and cooling account for nearly half of global final energy consumption, but most of the energy use is currently generated from fossil fuels. With the declining costs of renewable energy, solar has become especially attractive for water heating. Just like other renewable energy technologies, solar water heaters have a role to reduce greenhouse gas … Continue reading How Solar Water Heaters Industry Benefits the Local Economy

Continue reading

IRENA and the European Space Agency Agree to Advance Energy Transition in Space Activities

The International Renewable Energy Agency (IRENA) and the European Space Agency (ESA) signed a Memorandum of Understanding (MoU) today to advance the global energy transition through space-based services and products. The new partnership was signed by the two Director-Generals Francesco La Camera and Josef Aschbacher in pursuit of the common goal to ensure sustainable long-term … Continue reading IRENA and the European Space Agency Agree to Advance Energy Transition in Space Activities

Continue reading

IRENA and the Electric Power Research Institute Join Forces to Accelerate Smart Electrification

The International Renewable Energy Agency (IRENA) and the Electric Power Research Institute (EPRI) signed a Memorandum of Understanding (MoU) today to advance the global electrification of the energy sector based on renewables and energy efficiency. Signed by IRENA’s Director-General Francesco La Camera and EPRI’s President and CEO Arshad Mansoor, the agreement provides the framework for … Continue reading IRENA and the Electric Power Research Institute Join Forces to Accelerate Smart Electrification

Continue reading

IRENA Outlines Action Agenda on Offshore Renewables for G20

Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) finds. Offshore Renewables: An Action Agenda for Deployment actively contributes to the G20 agenda by identifying actions which support the commercialisation of offshore technologies such … Continue reading IRENA Outlines Action Agenda on Offshore Renewables for G20

Continue reading

IRENA’s World Energy Transitions Outlook Re-Writes Energy Narrative for a Net Zero World

Change in investments, capital markets and policies tabled to realise energy transition dividend of 122 million energy jobs by 2050. Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 per cent over the expected growth of current plans within the next decade, a new analysis from the International … Continue reading IRENA’s World Energy Transitions Outlook Re-Writes Energy Narrative for a Net Zero World

Continue reading

The cost of Concentrated Solar Power declined by 16%

The cost of renewables, meanwhile, continued to fall even in 2020, despite Covid-linked disruption. The cost of electricity from utility-scale solar PV declined by 7% year-on-year, while offshore wind fell by 9%, onshore wind 13% and concentrating solar power by 16%. Between 2000 and 2020, renewables capacity grew more than three times, increasing by 754 … Continue reading The cost of Concentrated Solar Power declined by 16%

Continue reading

IRENA and China Sign Landmark Co-operation to Address Climate Change

The International Renewable Energy Agency (IRENA) and the Ministry of Ecology and Environment of the People’s Republic of China (MEE) have today agreed to extend existing co-operation on energy transition. The joint work will center-stage the acceleration of renewable energy development as central climate solution, enabling China’s pledge to peak emissions before 2030 and achieve … Continue reading IRENA and China Sign Landmark Co-operation to Address Climate Change

Continue reading

Majority of New Renewables Undercut Cheapest Fossil Fuel on Cost

Countries urged to power past coal as new report confirms renewables would bring cost savings of USD 156 billion to emerging economies. The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) … Continue reading Majority of New Renewables Undercut Cheapest Fossil Fuel on Cost

Continue reading

IRENA and the UN Agree to Advance Renewables in Peacekeeping Operations

The International Renewable Energy Agency (IRENA) and the United Nations (UN) signed a Memorandum of Understanding (MoU) today to advance the use of host-country generated renewable energy in peacekeeping missions. Under the agreement, IRENA and the UN will seek opportunities to work with countries that host UN peacekeeping operations to identify host country policy, regulatory, … Continue reading IRENA and the UN Agree to Advance Renewables in Peacekeeping Operations

Continue reading

Morocco and IRENA Partner to Boost Renewables and Green Hydrogen Development

The International Renewable Energy Agency (IRENA) and the Ministry of Energy, Mines and Environment (MEME) of the Kingdom of Morocco have today agreed to strengthen joint collaboration to advance knowledge in renewable energy and to accelerate the energy transition. Specifically, IRENA and Morocco will work closely to advance the national green hydrogen economy as the … Continue reading Morocco and IRENA Partner to Boost Renewables and Green Hydrogen Development

Continue reading

IRENA Members Contribute to G20 Action Agenda on Offshore Renewables

On the occasion of the 2021 World Ocean Day, over 70 IRENA members and private sector representatives came together in a Collaborative Framework on Ocean Energy and Offshore Renewables to accelerate the deployment of ocean technologies worldwide. Energy from the sea and through offshore renewables is increasingly recognised as significant climate solution for the power … Continue reading IRENA Members Contribute to G20 Action Agenda on Offshore Renewables

Continue reading

Universal Access to Sustainable Energy Will Remain Elusive Without Addressing Inequalities

Sustainable solutions must target African countries left behind in quest for global energy access. During the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa actually increased. Unless efforts are scaled up significantly in countries with the largest … Continue reading Universal Access to Sustainable Energy Will Remain Elusive Without Addressing Inequalities

Continue reading

China and IRENA Boost Ties as Leading Renewables Market Eyes Carbon Neutrality Goals

IRENA and National Energy Administration of China sign MoU to advance the transition and cooperate on market development. The International Renewable Energy Agency (IRENA), and the National Energy Administration of the People’s Republic of China (NEA) have today agreed to work to strengthen cooperation as the world’s largest renewable energy market builds momentum towards the … Continue reading China and IRENA Boost Ties as Leading Renewables Market Eyes Carbon Neutrality Goals

Continue reading

Enhanced Financial Instruments Needed to Accelerate Renewables Deployment in Tunisia

IRENA outlines recommendations to help country achieve its 30% renewables goal while boosting growth and development. Measures to reform the renewable energy sector’s financial instruments and encourage greater involvement from national financial institutions are critical to the achievement of Tunisia’s energy transformation goals, according to a new report published today by the International Renewable Energy … Continue reading Enhanced Financial Instruments Needed to Accelerate Renewables Deployment in Tunisia

Continue reading

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 and was co-facilitated by the United States and South Africa. As IRENA members are stepping up action to meet global climate objectives and … Continue reading Framework on Just and Inclusive Energy Transition

Continue reading