257 GW in New Renewable Capacity Added Globally in 2021; Solar Expansion Surges 19%
The recent Renewable Capacity Statistics 2022 report by the International Renewable Energy Agency (IRENA) has revealed that the renewable generation capacity increased by 9.1% to 257 GW in 2021 compared ...
Daily News Wrap-Up: MNRE and IRENA Join Efforts to Develop Green Hydrogen in India
Here are some noteworthy cleantech announcements of the day from around the world: India’s Ministry of New and Renewable Energy (MNRE) has signed a strategic partnership agreement with the International ...
Transition to Renewable Energy – Answer to Many of Africa’s Challenges: Report
A calibrated policy framework centered on renewable energy can help resolve many of Africa’s social, economic, health, and environmental challenges, as revealed in a report published by the International Renewable ...
India Becomes New Benchmark for Low-Cost Residential Rooftop Solar: IRENA
The latest report by the International Renewable Energy Agency (IRENA) shows that the trend of falling cost of solar and wind power continued despite the impact of the pandemic globally ...
Women Occupy One-Third of Workforce in the Global Renewable Energy Sector
India created 719,000 jobs in the renewable energy sector until 2017-18, while globally, this sector employed 11.5 million people. A third of these were women, the International Renewable Energy Agency ...
Renewables Can Play Key Role in COVID-19 Response Strategies: IRENA
The International Renewable Energy Agency’s (IRENA) Coalition for Action has asked governments to take effective response measures to address the immediate and long-term impacts of the global COVID-19 crisis. The ...
Energy Storage in Emerging Markets to Increase by Over 40% Every Year Until 2025: IRENA
Battery storage systems are emerging as a potential solution for integrating solar and wind renewables in power systems across the globe. The systems have the unique capability to absorb quickly, ...
IRENA Invites Developers to Register Projects on its Climate Investment Platform
The International Renewable Energy Agency (IRENA) has invited renewable energy project developers to register suitable projects through a purpose-built portal organized around 14 regional clusters to contribute to its Climate ...
Renewable Energy Industry Employs More Women Than Oil and Gas Industry Globally
According to a report published by the International Renewable Energy Agency (IRENA), the renewable energy industry currently employs about 32% of women, compared to 22% in the global oil and ...
Abu Dhabi Fund Extends $105 Million for 8 IRENA Recommended Renewable Projects
The Abu Dhabi Fund for Development (ADFD) has approved about $105 million (~₹7.42 billion) for the development of eight renewable energy projects under the seventh cycle of its partnership with ...
China and India Poised to Lead Asia in Harnessing Wind by 2050: IRENA Report
The International Renewable Energy Agency (IRENA) has released its latest Global Energy Transformation Report, which explores global energy development scenarios up to the year 2050. The report states that Asia ...
Global Renewable Industry Created 11 Million Job Opportunities in 2018: IRENA
The widespread adoption of renewable energy technologies has helped generate 11 million employment opportunities in the global renewable energy industry in 2018, says a report released by the International Renewable ...
Madhya Pradesh Issues EoI to Set Up 500 MW of Energy Storage Project
The Madhya Pradesh Power Management Company Limited (MPPMCL) has issued an expression of interest (EoI) inviting energy storage companies for setting up a 500 MW project in Madhya Pradesh. Bidders ...
India the Lowest Cost Producer of Solar Power: IRENA
According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
India, China Help Establish Asia’s Leadership Role in Solar: IRENA
Through 2018, the world added 171 GW of renewable energy, witnessing a growth of 7.9 percent in renewable capacity during the year. These findings were revealed by the International Renewable ...
Total Global Energy Storage Capacity Could Triple by 2030: IRENA
In a brief prepared for COP24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), the International Renewable Energy Agency (IRENA) has underscored the ...
Solar Potential in West Africa Ranges from 8 GW to Over 20 GW by 2030: Report
The International Renewable Energy Agency (IRENA) in its report “Planning and prospects for renewable power: West Africa” has highlighted scenarios for the growth of renewables in West Africa’s power systems ...
Abu Dhabi Fund Commits $50 Million for IRENA-Recommended Renewable Projects
The Abu Dhabi Fund for Development (ADFD) has committed $50 million for renewable energy projects that are recommended by International Renewable Energy Agency (IRENA). The ADFD and IRENA have invited ...
21 Countries in the Indian Ocean Region Pledge for a Common Renewable Energy Agenda
In all, 21 countries of the Indian Ocean Rim Association (IORA) have adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region. It was adopted at the second IORA ...
Off-Grid Solar Solutions Making Big Impact on African Households: Report
In its latest report, the Global Off-Grid Lighting Association (GOGLA), in association with Altai Consulting, has highlighted the impact and the benefits of off-grid solar home systems (SHS) in improving ...
ADB to Finance Solar Projects Worth $40 Million in Indonesia
The Asian Development Bank (ADB) will fund solar photovoltaic (PV) projects worth $40 million in Indonesia. The bank has announced a private sector financing package totaling $40 million to invest in ...
Renewable Energy Industry Created 10.3 Million Jobs Globally in 2017: IRENA
The global renewable energy industry created more than 500,000 new jobs worldwide in 2017. This was a 5.3 percent increase from 2016, according to the latest figures released by the International Renewable ...
Cost of Generating Renewable Energy Will Continue to Fall, Says IRENA
The cost of electricity generated by new renewable power projects once again declined for projects commissioned during 2017, continuing a trend that has been underway for years. These findings were ...
Abu Dhabi Fund Provides $25 Million Loan for Solar Projects in Mauritius and Rwanda
The Abu Dhabi Fund for Development (ADFD) will provide a concessional loan worth $25 million for the development of two solar photovoltaic (PV) projects in Mauritius and Rwanda. Both the ...