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. 

World needs to triple RE capacity and double energy efficiency

The IRENA said energy transition would require up to $44t investments to ramp up renewables by 2030.

World needs to triple RE capacity and double energy efficiency

The IRENA said energy transition would require up to $44t investments to ramp up renewables by 2030.

Renewables save $520b in fuel cost for the power sector

Around 86% of the commissioned RE capacity last year had lower costs than fossil fuel electricity.

Masdar, IRENA to launch roadmap to triple RE capacity by 2030

They will set up an outline of global targets for renewable energy.

About $44t needed by 2030 for a successful energy transition: report

Investment of around $35t should be allotted for transition technologies.

Asia accounts for over half of new RE capacity in 2022

China led the growth with the addition of 141GW during the period.

Global renewable investment reaches record-high $500b in 2022

Energy transition technologies investments also reached a record $1.3t.

Reducing green hydrogen production costs hangs on gov’t support

Hydrogen can reduce 10% of the total emissions to meet the global net-zero target, IRENA said.

Renewables key to expensive Kyrgyz energy imports: IRENA

Kyrgyzstan wants to reduce carbon emissions by 44% by 2030. 

G7 hydrogen consumption could grow by up to 7 times

IRENA asked the G7 countries to lead the market. 

Industry decarbonisation alliance identifies six priorities

The six pillars include renewables, and green energy, amongst others.

IRENA’s energy transition platform bags $1b investments

The platform aims to ramp up funding for renewable projects in developing countries.

Japan, 8 others join Global Offshore Wind Alliance

The alliance targets to speed up the installation of offshore wind.

Renewables are now more cost-effective for Indonesians: report

Energy cost-saving is estimated to be worth US$400b-600b to 2050. 

Targeted RE capacity needs to be doubled by 2030 to reach climate goals

Total capacity needs to reach 10.8TW from the current target of 5.4TW.