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. 

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.

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.

Renewable energy employment reaches 12.7 million in 2021

Around 700,000 new workers were employed last year.

Global alliance formed to boost offshore wind capacity

It aims to increase offshore wind capacity by 670% to 380GW in 2030.

Southeast Asia needs $210b investments annually to reach net-zero goals by 2050

By 2030, the region needs $150b in investments to install 240GW more RE capacity.

IRENA, industry leaders establish Alliance for Industry Decarbonisation

The industrial sector is responsible for around 28% of GHG emissions.

Cost-competitive renewables save $55b in global energy generation in 2022

Electricity costs from wind and solar power declined in 2021.

Global hydrogen trade needed to achieve climate goal: IRENA

Around 25% of global hydrogen is set for trading by 2050.

Offshore wind industry sees 21.1GW additional capacity in 2021

The GWEC marked this as the industry's “best-ever” year.

IRENA, OPEC Fund tie up to advance RE investment

This is in pursuit of a “just, inclusive, and equitable energy transition.”

IRENA’s energy transition finance platform gets $400m in funding

The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.

IRENA, RCREEE renews partnership to scale up RE deployment in MENA

The agencies will collaborate in regional dialogues and initiatives to strengthen energy transition.

IRENA backs UN call to speed up energy transition

UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.

Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets

The region's capacity has to reach 5,442GW to meet the 1.5°C Scenario.

China emerges as top contributor of new renewable capacity in Asia: report

The country added 121GW to the region’s new capacity, IRENA data showed.

IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario

Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.

CRUL, IRENA partner to promote renewable energy research

The research will focus on bioenergy, geothermal, and hydroelectric amongst others.