IRENA in the News

UN Report Spells Out World's Best Chance for Averting Eco-Disaster by 2050

The global ecosystem is currently experiencing a dangerous and unprecedented decline in biodiversity, a United Nations report warned Monday, and it could get far worse unless society undergoes “transformative change” by 2050. IRENA last month released a roadmap to achieve near-complete sustainable energy by 2050, amid a shift in the markets that makes renewables cheaper than coal in some cases. These moves are vital to ensuring average temperatures don’t move more than two degrees Celsius above pre-industrial levels. Monday’s report shows, however, that large-scale shifts to protect the environment beyond just carbon emissions are also needed.

  • Date: 07 May 2019
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  • Source: Inverse

Model and manage the changing geopolitics of energy

Oil exporters might lose global influence, whereas importers will be empowered, concluded a report from the International Renewable Energy Agency (IRENA) published earlier this year. Economies that produce oil and gas could lose US$7 trillion by 2040, the International Energy Agency has warned. 

  • Date: 05 May 2019
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  • Source: Nature

EU approves Lithuania’s auction plan for renewables

According to statistics published by IRENA, Lithuania’s cumulative installed renewable energy capacity stood at 832 MW. Of that, only 86 MW is PV, with around 10 MW of solar installed in the last two years. 

Renewable Energy Could Save $160 Trillion In Climate Change Costs by 2050

In the face of rising global emissions, intensified electrification and an increase in renewable energy could prove to make the difference that ensures we reach future climate goals. With development and energy demands soaring worldwide, there is an opportunity for clean, renewable energy to supplant fossil fuels and take over as the main form of electricity generation. New findings published by IRENA have emphasized the need to scale up efforts to transition away from fossil fuels and towards renewable energy.

  • Date: 14 April 2019
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  • Source: Forbes

Renewables & geopolitics: Russia

In the latest of our interviews about renewable energy and geopolitics, Indra Øverland – head of the Center for Energy Research and research panel member for the Global Commission on the Geopolitics of the Energy Transition at the International Renewable Energy Agency – discusses the difficult relationship between Russia and renewable energy.

IRENA Charts Pathways For Deeper Electrification Of Global Energy Mix

The International Renewable Energy Agency (IRENA) published a new report this week which charts pathways to further accelerate a transformation of the global energy mix by intensifying electrification to the point that renewable energy can provide 86% of global power demand.

Green Energy could cover more than 80 percent of world demand

Only wind, sun and other regenerative energy sources: in 2050 this could be enough to cover almost the entire world's electricity needs, calculates the International Renewable Energy Agency.

Cheap Renewables Shave $10 Trillion Off Cost to Curb Warming

The cost of reaching global climate goals is falling rapidly as wind and solar prices plummet and policy makers push electrification as the main tool to cut pollution, the International Renewable Energy Agency said.

IRENA Director-General to work tirelessly for energy transition

Francesco La Camera has officially assumed his position as the Director-General of the International Renewable Energy Agency (IRENA). The agency’s host country, the United Arab Emirates, has offered its full support to the new leadership.

One-Third Of World's Power Plant Capacity Is Now Renewable

One-third of the world's installed electricity generation capacity is from renewable sources, according to the latest industry statistics. The data compiled by IRENA shows that two-thirds of the power capacity added around the world in 2018 was from renewables. Wind and solar accounted for 84% of that total.

  • Date: 04 April 2019
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  • Source: Forbes

Global cumulative PV capacity tops 480 GW, IRENA says

New global PV additions reached 94.2 GW in 2018, according to the International Renewable Energy Agency (IRENA). Asia is the region with the largest share of cumulative PV capacity, with around 274.6 GW, followed by Europe and North America with 119.3 GW and 55.3 GW, respectively.

As Global Energy Demands Grows, So Does Appetite For Offshore Wind

Global energy demand is now increasing at its fastest pace in over a decade, with fossil fuels meeting 70% of that growth in electricity consumption. According to projections from the International Renewable Energy Agency (IRENA), global growth in offshore wind energy will continue to accelerate, with total installed capacity rising from 19.2 GW in 2017 to 520 GW in 2050. IRENA also projects the cumulative investments in offshore wind to reach $350 billion by 2030 and $1.47 trillion by 2050.

  • Date: 26 March 2019
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  • Source: Forbes

Renewables could generate 100 per cent of the UAE’s power 'within 50 years'

Renewables could generate 100 per cent of the UAE’s power needs within 50 years, if the investment and will is there, according to the outgoing head of IRENA. Adnan Amin, director general of the Abu Dhabi organisation, made the prediction in a wide-ranging interview with The National as the 60-year-old prepares to leave the capital after serving two terms.

IRENA, GGGI to jointly promote renewables

IRENA and the Global Green Growth Institute have agreed to collaborate on the promotion of renewable energy sources such as solar.

This company wants to help remote areas stay connected even during natural disasters

Solar energy also doesn't produce air pollutants or carbon dioxide -- and systems placed on buildings have few negative effects on the environment -- and it's expected to be cheaper than fossil fuels by 2020, according to the International Renewable Energy Agency.

  • Date: 10 March 2019
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  • Source: CNN

Director-General of IRENA: Focusing on Green Development and Praising China's Achievements (Chinese)

The opening of the two national conferences in 2019 is just around the corner. This year marks the 70th anniversary of the founding of New China and is a crucial year for building a well-off society in an all-round way. Adnan Amin, the Director-General of IRENA, said in an interview with CCTV reporters that he expects the two sessions to continue to discuss issues related to green development and praised the development achievements of New China in the past seventy years.

  • Date: 27 February 2019
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  • Source: CCTV

This Report Says Blockchain Is One Of 30 Key Innovations Set To Transform Renewable Energy

A new report from IRENA, says that to accelerate low-cost renewables in the power sector, countries will need innovative technology tools which enable them to benefit from renewable scale-ups.

  • Date: 26 February 2019
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  • Source: Forbes

Renewable Energy Investment to Increase by $210 Billion over Five Years

Backing for renewable energy assets is set to rise 10% with grid-scale PV the most attractive opportunity among investors surveyed for a new report. But improved investment vehicles and outsourced asset management are still needed if climate change is to be mitigated.

Renewable Energy Rewrites Rules of Global Geopolitics As Influence Of Fossil Fuel Producers Falls

The geopolitical map that has become so familiar to us is changing, and fast, thanks to the rapid deployment of renewable energy. A new report from IRENA highlights the way the energy landscape is changing, and the dangers and opportunities that it brings to different countries around the world. 

  • Date: 07 February 2019
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  • Source: Forbes

Renewable power surge in Africa faces a shortout: not enough workers

Overall, only 16,000 people are recorded as working in renewable energy in sub-Saharan Africa, outside South Africa, according to the International Renewable Energy Agency (IRENA). That is just 0.1 percent of the global renewable energy workforce, and fewer than the number of people who work on wind power in the U.S. state of Illinois alone, IRENA noted.

  • Date: 30 January 2019
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  • Source: Reuters