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Montenegro Introduces Auctions for Renewable Energy Sources
Montenegro plans to increase the share of renewables in its energy mix with a comprehensive programme of renewable energy auctions that will bring private investment into the sector.
The European Bank for Reconstruction...
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore...
Energy Community Power System Can Support at Least 30 GW of Renewables Without Additional Investments Into Flexibility
As the energy transition advances in the Energy Community Contracting Parties, the share of power generation from variable renewables such as wind and solar will increase manyfold.
The Energy Community power system with...
Shell to Build Europe’s Largest Renewable Hydrogen Plant
Shell, the Anglo-Dutch oil and gas company, plans to build Europe’s largest green hydrogen plant in Rotterdam, which will become operational in 2025, the energy giant announced on Wednesday (6 July).
According to...
Blue Economy Can Help Members Boost Offshore Renewables
“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and...
EU Energy Ministers Endorse Faster Permitting Of Renewables
The EU Energy Ministers have agreed their position on changes to the Renewable Energy Directive and Energy Efficiency Directive, paving the way for faster build-out of renewables and streamlined permitting for wind...
Ocean Renewables: Powering the Blue Economy
Offshore renewables can play a key role in harnessing the benefits of the blue economy for sustainable development in Small Island Developing States (SIDS), said IRENA Director-General Francesco La Camera, at the...
Renewables Take Lion’s Share of Global Power Additions in 2021
Renewable energy continued to expand steadily and well above the long-term trend, with share in total capacity expansion reaching a new record of 81 percent last year.
New data released by the International...
Renewables and Green Gas: The Only Viable Antidote to High Fossil Fuel Prices
Outdated perceptions of the costs of clean energy remain a major barrier to the energy transition. Despite the dramatic fall in prices across these technologies, the dialogue surrounding 'cheap' fossil fuels and...
Energy Community Meets 2020 Headline Target for Energy Efficiency, Makes Progress on Renewables
The Energy Community has achieved the 2020 headline target for energy efficiency set by the 2012 Energy Efficiency Directive. With respect to renewables, three Contracting Parties - Albania, Moldova and Montenegro -...
India and IRENA Strengthen Ties as Country Plans Major Renewables and Hydrogen Push
India’s Ministry of New and Renewable Energy has signed a strategic partnership agreement with IRENA, signalling its intent to further strengthen its collaboration with IRENA in the field of Renewable Energy. The...
EBRD Invests 5 Million Euros in Lithuanian Green Bond to Accelerate Regional Renewables
The European Bank for Reconstruction and Development (EBRD) is investing 5 million euros in a 25 million euros Green Bond issued by UAB Atsinaujinančios Energetikos Investicijos (AEI). AEI is a Lithuanian fund and renewable...
Renewable Electricity Growth is Accelerating Faster than Ever Worldwide, Supporting the Emergence of the New Global Energy Economy
The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set...
Energy Community Meets to Advance Off-Grid Renewables in Pursuit of SDGs and Climate Goals
Organised by the International Renewable Energy Agency (IRENA), the fifth edition of the International Off-grid Renewable Energy Conference (IOREC) will take place virtually next week from 7 to 9 December 2021. Now open for registrations,...
Empowering Communities to Reap the Multiple Benefits of Renewable Energy
The participation and ownership by citizens or members of a defined community in a renewable energy project creates local socio-economic value and helps foster more positive attitudes towards renewables. This, in turn,...
IRENA and OLADE Reinforce Commitment to Boost Renewables in Latin America and the Caribbean
The Latin American Energy Organisation (OLADE) and the International Renewable Energy Agency (IRENA), have signed a new agreement to work closely in efforts to scale up the deployment of renewable energy in the Latin...