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IRENA

Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA

IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’.  The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […]

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India & IRENA Forge Partnership to Spur Renewable Energy

The Ministry of New & Renewable Energy  has entered into a strategic partnership with International Renewable Energy Agency. The partnership will pave the path for the development of renewable energy. The signatories for said the agreement between India and IRENA were Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General […]

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IRENA Report: Indonesia Energy Transition Outlook

A study titled “Indonesia Energy Transition Outlook” has been released by the IRENA (The International Renewable Energy Agency). This report offers an extensive, long-term energy roadmap that emphasises renewable energy sources for Indonesia’s transition to a cleaner, more sustainable energy system. The energy transition depends on Indonesia. As one of the Association of Southeast Asian […]

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IRENA Report: Renewable Energy Targets in 2022

A study titled “Renewable Energy Targets in 2022” has been released by the IRENA (The International Renewable Energy Agency). The renewable energy objectives in NDCs are the main focus of this report’s assessment of the most recent adjustments to climate pledges made before COP27. Recent geopolitical and climate-related developments confirm the urgent need for action […]

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IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia

A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can  help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […]

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RE Employment Rose 700,000 in 2021; Nears 13 million: Report by IRENA & ILO

According to a new report published by the International Renewable Energy Agency (IRENA) and International Labour Organization (ILO), worldwide employment in the renewable energy sector reached 12.7 million in 2021, representing a jump of 700,000 new jobs in just 12 months. The report named ‘Renewable Energy and Jobs: Annual Review 2022,’ identifies domestic market size […]

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IRENA Report on Renewable Power Generation Costs in 2021

International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […]

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IRENA Report on Scenarios for The Energy Transition

IRENA has published this research report titled “Scenarios for the Energy Transition: Experience and good practices in Latin America and the Caribbean.”  In this research report, examples of this type that were discussed during the webinar series “Long-Term Energy Scenarios (LTES) for Developing National Clean Energy Transition Plans in Latin America and the Caribbean” are […]

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Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA

Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […]

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