Tag Archives: Irena

Renewables adds 176 GW with solar and wind energy accounting for 90 per cent of additions

The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according to new data released by the International Renewable Energy Agency (IRENA). IRENA’s annual Renewable Capacity … Continue reading Renewables adds 176 GW with solar and wind energy accounting for 90 per cent of additions

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The Investment Case for Energy Transition in Africa

IRENA and UNDP’s Africa Centre for Sustainable Development outline why significant investment is needed to transform Africa’s energy system Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed at … Continue reading The Investment Case for Energy Transition in Africa

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Battery Storage Paves Way for a Renewable-powered Future

Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies can be used for a variety of applications in the power sector, from e-mobility and … Continue reading Battery Storage Paves Way for a Renewable-powered Future

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Measures to Strengthen Preparedness and Continuity of Operations Due to COVID-19

Notification by the Director-General of IRENA I would like to inform IRENA Members, States-in-Accession and partner entities that, after careful consideration, the IRENA Secretariat has decided not to hold any physical meetings during March and April at its premises in Abu Dhabi, Bonn, New York and elsewhere. This exceptional measure aims to contain the spread … Continue reading Measures to Strengthen Preparedness and Continuity of Operations Due to COVID-19

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IRENA Invites Renewable Energy Developers to Register Projects on Investment Platform

A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the Climate Investment Platform, developed in response to country needs to mobilize low-carbon, climate-resilient investments, now calls renewable energy project developers to … Continue reading IRENA Invites Renewable Energy Developers to Register Projects on Investment Platform

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Financing the Global Energy Transformation: Green Bonds

Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon economy, a set of financial solutions need to be developed and taken advantage of by policymakers, … Continue reading Financing the Global Energy Transformation: Green Bonds

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IRENA and UN-Habitat Join Efforts to Accelerate Global Energy Transition in Cities

The International Renewable Energy Agency (IRENA) signed a memorandum of understanding (MoU) today with the United Nations Human Settlements Programme (UN-Habitat), to cooperate on sustainable energy in the context of urban development.  IRENA’s studies show that cities are responsible for 65 per cent of global energy demand and the Intergovernmental Panel on Climate Change data … Continue reading IRENA and UN-Habitat Join Efforts to Accelerate Global Energy Transition in Cities

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Discussions on Sustainable Aviation Take Place in Abu Dhabi

Between 2013 and 2018 the number of air travellers increased by 38 per cent, and the International Air Transport Authority (IATA) expects annual passenger numbers to double to 8.2 billion by 2037. While this growth could support up to 100 million jobs over the next 20 years, it will also increase aviation carbon emissions. Finding … Continue reading Discussions on Sustainable Aviation Take Place in Abu Dhabi

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IRENA publishes the report “The future of wind energy”

IRENA, the International Renewable Energy Agency, has published a new report on wind energy, “Future of the Wind”. See below some highlights of the work: The accelerated deployment of wind power, together with significant electrification, could provide a large part (6.3 Gt) of the annual reductions in CO2 emissions required by 2050.Wind energy can cover … Continue reading IRENA publishes the report “The future of wind energy”

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Public and Private Sectors Unite on Need for More Renewables

Current energy systems are falling short of supporting the transition to a renewables-based system, participants of the third Public-Private Dialogue, organised by IRENA’s Coalition for Action, agreed. The policy makers, legislators, private sector and civil society representatives present, called for greater system flexibility, more active participation of market actors, and a redesign of today’s power … Continue reading Public and Private Sectors Unite on Need for More Renewables

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Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

Renewable energy has advanced since 2010 to the centre ground of global energy and development policy. Renewables have become the world’s primary source of new power capacity, outpacing all other forms of new generation put together. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts … Continue reading Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

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Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from … Continue reading Double the Share of Renewables in the ‘Decade of Action’ to Achieve Energy Transition Objectives

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ADFD confirmed the allocation of USD 105 million for eight renewable energy projects

The Abu Dhabi Fund for Development (ADFD) today confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility. The announcement marks a record level of funding for any cycle since the facility was launched and will provide funding for projects … Continue reading ADFD confirmed the allocation of USD 105 million for eight renewable energy projects

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Energy Transformation Can Create More than 40m Jobs in Renewable Energy

Renewable energy could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate safe energy path, according to a report published by the Agency during its 10th Assembly. The report finds that total energy sector employment can reach 100 million by 2050, up from around 58 million today should … Continue reading Energy Transformation Can Create More than 40m Jobs in Renewable Energy

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IRENA to launch new report on female representation in wind energy

The International Renewable Energy Agency, IRENA, will launch tomorrow a new report on female representation in the wind energy sector at a high-level women’s dinner co-hosted by the UAE Mission to the IRENA and the IRENA. The report, which will be launched at the end of the first day of the 10th IRENA Assembly in … Continue reading IRENA to launch new report on female representation in wind energy

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Potential of Renewables as a Reliable Power Source in Refugee Settlements

On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to the findings of a new report by the International Renewable Energy Agency (IRENA) in cooperation with UNHCR, the UN Refugee Agency. There are currently almost 26 million refugees in the world today. Unreliable energy exposes them to additional and associated … Continue reading Potential of Renewables as a Reliable Power Source in Refugee Settlements

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Renewables in the Kingdom of Bhutan: Supporting the Pursuit of Happiness

The Kingdom of Bhutan is the world’s only carbon negative country. Forests cover 70 per cent of its land which sequesters more carbon than the entire nation emits. There are no traffic lights, and the country is well known for identifying Gross National Happiness (GNH) as being more important than Gross National Product (GNH). Bhutan … Continue reading Renewables in the Kingdom of Bhutan: Supporting the Pursuit of Happiness

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Win-Win for Ending Energy Poverty and Protecting the Climate

In 2015, the climate and development agendas crossed paths with the adoption of the Sustainable Development Goals for 2030 and the Paris Agreement. While climate change touches all facets of development, perhaps the most direct link is made through SDG 7 which calls for ensuring access to affordable, reliable, sustainable and modern energy for all … Continue reading Win-Win for Ending Energy Poverty and Protecting the Climate

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UNDP and IRENA Poised to Support Breakthroughs on Renewables

Solar, wind energy, and hydro power offer affordable path towards clean energy for all – UNDP to help 100 countries strengthen their Nationally-Determined Contributions. Nations around the world should embark on a massive and immediate shift to renewable energy, the United Nations and the International Renewable Energy Agency (IRENA) said today, adding that such a … Continue reading UNDP and IRENA Poised to Support Breakthroughs on Renewables

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Latin America and the Caribbean Announce Ambitious New Renewables Target

Latin America and the Caribbean holds tremendous renewable energy promise. IRENA’s recent ‘Future of Solar Photovoltaic’ report highlighted that the region’s solar energy capacity alone could grow by a factor of 40 by 2050 to more than 280 gigawatts (GW) thanks to an abundant resource endowment and strong enabling policies. Today, during UN Climate Conference … Continue reading Latin America and the Caribbean Announce Ambitious New Renewables Target

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