International Renewable Energy Agency
The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.
See below for the Latest IRENA News, Analysis, Profit Results, Share Price Information, and Commentary.
Grid projects face 2,500-GW connection backlog: IRENA
Grid projects face 2,500-GW connection backlog: IRENA
Annual infrastructure spending must rise to around $1t through 2035.
Global renewables need 1,200GW of annual additions through 2030: IRENA
Nearly $1t in annual grid investment is needed over this period.
Renewable power pits data centres against energy-intensive industry
Electricity could meet 34% of the industry’s final energy consumption by 2035.
Solar panel recycling could yield $20b by 2050: IRENA
Recovered materials include copper, aluminium, silver, silicon, and glass.
Asia powers 4,589TWh renewables in 2024, driving record global growth
Solar and wind delivered the strongest gains across the region.
China drives Asia's $177b fossil fuel savings as renewables displace imports
Over 90% of new renewable capacity in 2025 undercut the cheapest fossil alternative.
IRENA: Solar and wind storage undercut coal, gas in firm power costs
It delivers lower firm electricity costs than coal and gas across key regions.
IRENA underscores AI’s role in systemic energy innovation
It spotlights 40 innovations modernising grids and energy access.
Global renewable energy investment breach $800b in 2024
However, the growth of clean power slowed by 7.3% last year.
Onshore wind remains cheapest energy source in 2024
The addition of over 500 GW of RE prevented the use of fossil fuels worth $57b.
Global renewable energy gap widens despite growing capacity
Asia continued to lead in clean power capacity.
Global renewables surge to record 4,448 GW
However, progress remains short of the 2030 tripling goal.
Current global energy pledges far from reality
Around $31.5t in investment is needed to power the clean energy shift.
ASEAN shifts focus to decentralised energy systems
Public-private cooperation is key to securing ASEAN’s energy future.
Renewable energy goal faces major shortfall
Over $1t is needed annually to get back on track.
Which country led renewable energy employment in 2023?
Over half of RE jobs were in this major market.
Utility alliance to invest over $116b annually in grids and renewables
Nearly half will be allocated to transmission and distribution.
Commentary
What component material ratings miss about Asia’s power assets
Malaysia's gas plants are running harder, but who is ensuring they can keep pace?
AI, data centres, and the coming energy supercycle in Hong Kong