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IRENA

IRENA Presents China 13-point Lay Out to Achieve Carbon Neutrality Through RE

Intergovernmental organization International Renewable Energy Agency (IRENA) has shared with China a 13-point plan to help achieve the climate change commitments. As part of its strategic partnership, the report laid out the route and speed to China aiming for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. “China is the world’s […]

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IRENA Releases Reports On Global Hydrogen Trading Trends In 2050

A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […]

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IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […]

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ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA

The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […]

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IRENA Lends Voice To Enabling Hydrogen Trade Beyond Borders

The transition towards a more sustainable system based on renewables can be accelerated only by making green hydrogen a global trade commodity, said Francesco La Camera, IRENA Director-General. That the world is slowly but steadily waking up to a green Hydrogen economy is a given now. Addressing the Fifth Meeting of the Collaborative Framework on […]

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Wind Expansion Globally Will Need Much Higher Production of Rare Earths: IRENA Report

International Renewable Energy Agency (IRENA) has come up with a report named ‘Critical Mineral for Energy Transition: Rare Earth Elements,’ which says that the rising global demand in the renewable sector especially the wind energy sector to mitigate climate change challenges will need better supplies of rare earth minerals or critical minerals. The report holds […]

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India could become carbon neutral before its 2070 goal: IRENA chief

India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […]

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Global Renewable Capacity Addition in numbers For 2021 from IRENA

“At the end of 2021, global renewable generation capacity amounted to 3064 GW. Hydropower accounted for the largest share of the global total, with a capacity of 1230 GW,” finds a new report by the International Renewable Energy Agency (IRENA). Solar and wind energy accounted for equal shares of the remainder, with capacities of 849 […]

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IRENA Members launch new cooperation on critical materials

Members of the International Renewable Energy Agency (IRENA) have launched a new Collaborative Framework on Critical Materials for the Energy Transition, a platform provided by IRENA to exchange knowledge, best practices, and coordinate actions to ensure that the scarcity of minerals and materials does not threaten the accelerated deployment of renewable energy. At the event, […]

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