Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA). This compares with 10.3 million in 2017. As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables jobs grew to their highest…

Countries at the forefront of the energy transformation are getting more than a third of their energy from variable renewables such as wind and solar power, and they’re doing it in a cost-effective manner. By making use of innovative solutions that allow to integrate a higher share of renewables into power systems, innovation holds the key to…

Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). The findings come as GCC economies seek to diversify their economies against the backdrop of fast-growing domestic energy demand and a desire to safeguard hydrocarbon export…

Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) has welcomed the European Union’s (EU) decision to increase its renewable energy target from 27 to 32% by 2030, highlighting that the move reinforces the EU’s position at the forefront of energy transformation and reflects the new economics of renewable energy. “[This] is a…

This article is written by the International Renewable Energy Agency (IRENA) and discusses findings in its latest offshore wind report titled Nurturing Offshore Wind Markets: Good practices for International Standardisation. Offshore wind energy stands on the cusp of rapid and widespread growth. Breakthroughs in fixed bottom and floating foundations and the development of giant turbines able to power…

Canada is set to become a member of the International Renewable Energy Agency (IRENA). Speaking on behalf of the Canadian Government, Parliamentary Secretary to the Minister of Natural Resources Kim Rudd made the announcement during the recent Clean Energy Ministerial in Copenhagen. “Canada has been working hard, both at home and abroad, to lead the transition…

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to a new report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase…

The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3% increase from 2016, according to the latest figures released by the International Renewable Energy Agency (IRENA). According to the fifth edition of Renewable Energy and Jobs – Annual Review launched at IRENA’s 15th Council in Abu Dhabi, the total number of people employed…

According to a new report from five international agencies, including IRENA and the IEA, the world is not yet on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals. However, real progress has been made in certain areas, particularly expansion of access to electricity in least developed…

The European Union (EU) can increase the share of renewable energy in its energy mix to 34% by 2030 – double the share in 2016 – with a net positive economic impact, finds a report by the International Renewable Energy Agency (IRENA), launched in Brussels. Presenting the findings during a launch event, Renewable Energy Prospects…

The cost of generating power from onshore wind has fallen by around a quarter since 2010, with solar photovoltaic (PV) electricity costs falling by 73% in that time, according to new cost analysis from the International Renewable Energy Agency (IRENA). The report also highlights that solar PV costs are expected to halve by 2020. The…

The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded US$350 million (AED1.285 billion) IRENA/ADFD Project Facility, the current funding round of US$50 million in concessional loans marks the sixth of seven annual…

Countries have an opportunity to significantly increase renewable energy ambition within Nationally Determined Contributions (NDCs), and to accelerate its deployment in line with climate objectives under the Paris Agreement. This is according to a new report by the International Renewable Energy Agency (IRENA), released at the UN Climate Change Conference in Bonn, Germany last week. The…

The cost of battery storage for stationary applications could fall by up to 66% by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate a 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the report highlights. Launched…

More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA). Renewable Energy and Jobs – Annual Review 2017, released at IRENA’s 13th Council meeting, provides the latest employment figures of the renewable energy sector and insight into the factors…

Global energy-related carbon dioxide (CO2) emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA). Perspectives for the Energy Transition: Investment Needs for a Low-Carbon Energy Transition, launched on the occasion of the Berlin…

Developing Antigua and Barbuda’s abundant renewable energy resources will enable the country to meet a large share of its energy demand sustainably with renewables, according to a new report released by the International Renewable Energy Agency (IRENA). Renewables Readiness Assessment: Antigua and Barbuda presents clear and practical steps for the country to maximize its renewable…

Buoyed by rapid technology cost reductions and the consolidation of renewable energy policies, Latin America hosts some of the world’s most dynamic renewable energy markets, according to a new report by the International Renewable Energy Agency (IRENA). Renewable Energy Market Analysis: Latin America finds that the region – endowed with some of the world’s top…

According to new analysis from the International Renewable Energy Agency (IRENA), offshore wind power has the potential to grow from just 13 GW in 2015, to 100 GW in 2030. Innovation Outlook: Offshore Wind, launched at the World Wind Energy Conference in Tokyo, provides an overview of the future developments that will drive the offshore…

The significant shift in the global energy sector accelerated in 2015. Renewable energy costs have declined significantly and will continue, says G20 energy ministers.