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Global Electricity Demand is Growing Faster than Renewables, Driving Strong Increase in Generation From Fossil Fuels
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing...
Spain’s Extensive Policy Plans Set to Help Underpin a Successful Energy Transition Powered by Renewables and Efficiency
Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives for private...
Renewables are Stronger than Ever as They Power Through the Pandemic
Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace...
Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth
Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set...
Volkswagen’s European Factories Up To 95 Percent Powered By Renewables
In 2020. Volkswagen Group increased the share of renewables powering its European factories from 80 percent to 95 percent (year over year/YoY), and 10 of its factories became 100 percent renewably powered. The target...
How Renewables Offer New Solutions for District Heating and Cooling
Innovation in technology, digitalisation and building efficiency are opening the heating sector to low-temperature renewables according to IRENA report.
Heating is the largest end user of energy, accounting for over 50 percent of...
Pacific Islands Unite Around Enhanced Renewables Ambition Under Climate Goals
In a year of critical action on climate mitigation and adaptation, Pacific Island governments have reinforced their commitment to energy transition action and strengthened sustainable energy goals within updated nationally determined contributions...
IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables
A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan.
The “Renewables...
IRENA and African Development Bank Partner to Scale up Renewables Investments in Africa
The International Renewable Energy Agency (IRENA), and the African Development Bank (AfDB), have agreed to work closely together to advance the continent’s energy transition through joint initiatives that support investments in low-carbon...
Tripling Renewables Investment to Reach Climate Goal
Global renewable energy investment increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate...
Countries Raise the Sails on Offshore Renewables Sector
Offshore renewables, including offshore wind, wave, tidal, ocean thermal, and floating solar PV, will witness substantial growth in capacity over the next decade and play an essential role in the global energy...
Renewables Could Cover More Than One-Third of Energy Demand in CESEC
Within ten years, the economies of Central and South Eastern Europe could cover 34 percentage of their rising energy demand cost-effectively with renewables, a new report by the International Renewable Energy Agency...
Finance for Renewables in Developing Countries Is on the Rise
Global finance to developing countries in support of clean and renewable energy reached USD 21.3 billion in 2017.
This almost doubles the level from 2010 when international financial flows were at USD 10...
Renewables at Heart of Reaching Zero Emissions in Industry and Transport
Only seven industry and transport sectors will account for 38% of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the...
Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost
Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published yesterday finds. Renewable Power Generation Costs in...
ESCAP and IRENA Transitioning Asia-Pacific Region Towards Renewables Together
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the International Renewable Energy Agency (IRENA) will work together to improve access to sustainable energy, bolstering the Asia-Pacific...