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IRENA articles

Displaying 1 - 13 of 13

Renewable energy accounts for a third of global power capacity

Renewable energy accounts for a third of global power capacity
The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts (GW), according to new data released by the International Renewable Energy Agency (IRENA). The annual increase of 7.9% was bolstered by new additions from solar and wind energy, which accounted for 84% of the growth. A third of global power capacity is now based on renewable energy. 
21st May 2019

Deep electrification powered by renewables for a climate-safe future

Deep electrification powered by renewables for a climate-safe future
As the urgency to take bold climate action grows, new analysis by the International Renewable Energy Agency (IRENA) finds that scaling-up renewable energy combined with electrification could deliver more than three quarters of the energy-related emission reductions needed to meet global climate goals. 
10th April 2019

Innovation paves way for global energy transformation

Innovation paves way for global energy transformation
Countries at the forefront of the energy transformation are getting more than a third of their energy from variable renewables like solar and wind, and they’re doing it in a cost effective manner. By making use of innovative solutions that allow to integrate a higher share of renewables into power systems, innovation holds the key to a cost effective global energy transformation.
27th February 2019


Renewable energy the competitive source of power generation in GCC

Renewable energy the competitive source of power generation in GCC
Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). Abundant resources, together with strong enabling frameworks have led to solar PV prices of below three cents per kilowatt hour and dispatchable concentrated solar power (CSP) of 7.3 cents per kilowatt hour, which is less than some utilities in the region pay for natural gas. 
29th January 2019

Falling costs drive offshore wind power boom

Falling costs drive offshore wind power boom
Offshore wind power has the potential to grow from just 13GW in 2015, to 100GW in 2030, according to new analysis from the International Renewable Energy Agency (IRENA). Innovation Outlook: Offshore Wind, has been launched at the World Wind Energy Conference in Tokyo and provides an overview of the future developments that will drive the offshore wind power boom, including technology advancements and further cost declines.
31st October 2016

Solar energy could meet up to 13% of global power needs by 2030

Solar energy could meet up to 13% of global power needs by 2030
  The share of global electricity generated by solar photovoltaics (PV) could increase from 2% today to as much as 13% by 2030, according to a new report from the International Renewable Energy Agency (IRENA).
23rd June 2016

Renewable energy now employs 8.1m people worldwide

More than 8.1m people worldwide are now employed by the renewable energy industry (a 5% increase from last year), according to a report released by the International Renewable Energy Agency (IRENA) at its 11th Council meeting. The report, Renewable Energy and Jobs – Annual Review 2016, also provides a global estimate of the number of jobs supported by large hydropower, with a conservative estimate of an additional 1.3m direct jobs worldwide.
26th May 2016

Renewable energy is key to socio-economic development

Renewable energy is key to socio-economic development
According to a report by the International Renewable Energy Agency (IRENA), Swaziland’s vast renewable energy resources could be leveraged to provide substantial socio-economic benefits for its population. Swaziland Renewables Readiness Assessment estimates that bagasse, a by-product of the local sugar industry, could meet half of all domestic electricity demand while solar power could contribute substantially to the remaining demand.
19th March 2015

Renewables will boost Indian economic growth & job creation

Renewables will boost Indian economic growth & job creation
The Director-General of the International Renewable Energy Agency (IRENA), Adnan Z Amin, recently delivered a keynote address to the government officials, investors and energy industry leaders in New Delhi, stressing the importance of renewable energy in India, to meet the country's growing energy requirements.
19th February 2015

Targets can cut energy-related water use by 22%

Targets can cut energy-related water use by 22%
  According to a new report by the International Renewable Energy Agency (IRENA), a 22% reduction in water consumption for power generation and associated fuel extraction could be achieved by meeting the renewable energy targets of the Gulf Cooperation Council (GCC) region.
23rd January 2015

$57m wave of renewable energy loans announced

The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) has announced $57m in concessional loans for five renewable energy projects in developing countries. The projects to be financed have a combined total capacity of 35MW, bringing reliable and sustainable power to over 280,000 people in rural communities without access to modern energy services. The loans will go to projects in countries including Argentina, Cuba, Iran, Mauritania and St. Vincent & Grenadines.
19th January 2015

Renewable energy data resource launched at assembly

Leaders from more than 150 countries and 110 international organisations gathered in Abu Dhabi for the opening of the fifth Assembly of the International Renewable Energy Agency (IRENA). The Assembly brings together the international community to speed expansion of renewable energy and address global challenges including climate change, energy access and energy security.
19th January 2015

China could double renewable energy by 2030

China can increase its use of renewable energy from 13 to 26% by 2030, according to a report released by the International Renewable ENergy Agency (IRENA). The growth in renewable energy use would represent nearly a fourfold increase in the share of modern renewables between 2010 and 2030. The report, ‘Renewable Energy Prospects: China’, claims the world's most populous country can expand renewables in the power sector from 20 to 40% by 2030, making it the world’s largest renewable energy user.
26th November 2014


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