$35 Trillion Needed For Energy Transition By 2030
To Keep 1.5°C ‘Alive’ IRENA Presses For Annual Additions Of 1 TW Renewable Energy Capacity
The International Renewable Energy Agency (IRENA) believes the world needs to install an average of 1 TW new renewable energy capacity annually and across the globe to be able to grow deployment levels to over 10 TW in 2030, up from 3 TW now to keep the target of 1.5°C ‘alive’.
Solar PV Key Technology For Malaysia’s Energy Transition
IRENA: Malaysia Can Install Over 150 GW Solar PV Capacity By 2050 To Meet Energy Transition Goals, Starting With 1.4 GW Annual Deployment Till 2030
The International Renewable Energy Agency (IRENA) calls solar PV a ‘no-regrets option’ for Malaysia in all the scenarios it envisions for the country’s energy transition in a new report, with potential to install 153 GW of this clean energy tec.
Francesco La Camera To Lead IRENA For 4 More Years
IRENA’s Director General Re-Elected For Another Term At Agency’s 13th Assembly Session In Abu Dhabi
At its 13th assembly session concluded recently in Abu Dhabi, the International Renewable Energy Agency (IRENA) has re-elected its current Director-General Francesco La Camera for a term of an additional 4 years.
IRENA: Solar Employed 4.3 Million Globally In 2021
IRENA & ILO Count 12.7 Million Renewable Energy Jobs Globally In 2021; Can Employ 38.2 Million In 2030
Global renewable energy sector employed 12.7 million in 2021, with solar leading the charge with more than a 3rd of the current global renewable workforce at 4.3 million, that could increase to 38.2 million in 2030 under an ambitious energy scenario with front-loaded investments.
SE Asia Can Save $160 billion With Clean Energy
Solar PV Key To Southeast Asia’s Short Term Energy Transition With 241 GW Installed Capacity By 2030: IRENA Report
By 2030, the Association of Southeast Asian Nations (ASEAN) can host as much as 241 GW of solar PV capacity under 1.5°C Scenario, further scaled up to 2.4 TW by 2050 under a 100% renewable energy target, according to a new report by the International Renewable Energy Agency (IRENA).
IRENA Report On RE Generation Costs In 2021
Renewables Maintained Cost Competitiveness In 2021 Compared To Cheapest Coal Power Supply
Despite supply chain challenges and inflation, the cost of at least 163 GW out of 257 GW renewable energy capacity added in 2021 was more cost competitive than the cheapest coal fired option in G20, with solar PV’s levelized cost of electricity (LC.
IRENA: Expand Solar PV To 5.2 TW By 2030
IRENA Report Calls For ‘At Least’ 800 GW Annual RE Capacity Addition Through 2030, To Fulfil 1.5°C Scenario
The International Renewable Energy Agency (IRENA) says now is the time to move faster to a clean energy system if the world is to achieve limit global temperatures to 1.5°C scenario, with complete decarbonization for the global electricity sector by.
180 GW RE Potential For Central America
IRENA Pins Central America’s Solar & Wind Potential To 30 GW By 2050 Under Decarbonization Strategy
The International Renewable Energy Agency (IRENA) recommends Central America to adopt a decarbonized pathway to increase the renewables share in the energy mix of the region to 91% by 2050.
Botswana Announces Solar PV Tender
Botswana Power Corporation Seeking Proposals For 6 Solar PV Projects
State owned electricity utility of Botswana, the Botswana Power Corporation (BPC) has launched a tender seeking proposals from interested companies for the development of 6 solar PV power plants in the African nation.
Latin America PV News Snippets
Costa Rica’s Decarbonization Efforts Backed By IRENA… & More
IRENA to back Costa Rica’s decarbonization efforts: The International Renewable Energy Agency (IRENA) has signed an agreement with the Government of Costa Rica to strengthen the country’s decarbonization plans and boost renewable energy project financing.
IRENA & WTO Bat For Trade-Led Deployment Of Solar PV
Open Trade Policies & Harmonized Product Standards Needed To Support Solar PV Technology Deployment, Enabling World’s Economic Recovery From COVID-19 Pandemic: IRENA & WTO Report
This pie chart here shows the 10 largest exporters of PV components and related machinery in 2019 to the rest of the world, manifesting the global nature of solar PV technology related trade, as shown in the IRENA and WTO report.
IRENA: Renewable Energy To Employ 43 Million By 2050
Renewables Based Energy Systems & Efficient Technologies ‘Only Way’ For A ‘Fighting Chance’ Of Limiting Global Warming To 1.5°C By 2050, Says IRENA In World Energy Transitions Outlook Report
In March 2021, the International Renewable Energy Agency (IRENA) offered a preview of its World Energy Transitions Outlook report, stressing that enhancing renewable energy capacity of the world 10-fold, from 2,800 GW in 2020 to a cumulative of 27,70.
RE Promises Major Cost Savings To Pursue Net Zero Aim
IRENA Report Claims Solar PV Power Generation Costs Dropped 7% Annually In 2020; Says Low-Cost Renewables Build Strong Business Case For World To ‘Power Past Coal’ To A Net Zero Economy
According to the IRENA report, in 2020 solar PV’s total cost came down by 7% YoY, along with other renewables, and with competitive auctions the prices are coming down further, especially for solar PV and onshore wind which undercut even the cheapest new coal option without any financial support.
Renewables For UN Peacekeeping Missions
IRENA To Help United Nations Increase Renewable Energy Share Of Nations Hosting Peacekeeping Missions & Mobilize Private Investment
In order to reduce its environmental footprint, the United Nations (UN) has entered a memorandum of understanding (MoU) with the International Renewable Energy Agency (IRENA) to help nations that host UN’s peacekeeping missions boost their renewable energy.
IRENA: World Added 127 GW New Solar Capacity In 2020
IRENA Releases Latest Renewable Capacity Statistics 2021: Of Over 260 GW Renewable Energy Capacity Added Globally In 2020, Solar Power Contributed 127 GW With China Adding 49 GW & Vietnam 11 GW
With the addition of over 260 GW of new renewable energy capacity in 2020 globally— an annual increase of around 50%—which came despite the economic slowdown due to COVID-19 pandemic, the cumulative installed renewable energy capacity of the world went up to a total of 2,799 GW, according to the International Renewable Energy Agency (IRENA).
IRENA: Albania has 1.07 GW Solar Potential By 2030
Albania Installed Solar PV Capacity Can Grow To Over 1 GW By 2030, According To IRENA’s New Report; Vast Deployment Of Solar & Wind Energy Can Help Improve Country’s Energy Security
Together the solar and wind power potential of Albania is estimated at over 7 GW, of which by 2030, it can install 1,074 MW of solar PV capacity by 2030, according to the Renewables Readiness Assessment: The Republic of Albania report.
IRENA Expects 14,000 GW Solar PV By 2050 In New Report
14,000 GW Solar PV & 8,100 GW Offshore 7 Onshore Wind Energy Capacity Imperative For Desired Energy Transition By 2050 To Ensure 1.5°C Limit To Global Warming, Says IRENA
If the world wants to limit global warming to 1.5°C by 2050, it needs to accelerate the energy transition reaching a net zero status for the energy system.
IRENA & AUC For Renewables In Africa
IRENA & African Union Commission To Help Africa Fight COVID-19 With Focus On Renewable Energy Powering Health Facilities & Associated Services
An online meeting between IRENA and the AUC led to both announcing cooperation in the field of renewables deployment in Africa to help the continent fight the pandemic with better equipped and powered health facilities.
70% RE Target By 2030 For 10 LaTam & Caribbean Nations
10 Latin American & Caribbean Nations Pledge 70% Renewable Energy Target Aiming For 312 GW Collective Capacity By 2030 At COP25
Helmed by Colombia, by 2030, 10 nations in the Latin American and Caribbean regions will be targeting an individual renewable energy share of 70%.
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