International Renewable Energy Agency

The International Renewable Energy Agency (IRENA) is an intergovernmental organisation that supports countries in their transition to a sustainable energy future, and serves as the principal platform for international cooperation, a centre of excellence, and a repository of policy, technology, resource and financial knowledge on renewable energy.

See below for the Latest IRENA News, Analysis, Profit Results, Share Price Information, and Commentary. 

G7 hydrogen consumption could grow by up to 7 times

IRENA asked the G7 countries to lead the market. 

G7 hydrogen consumption could grow by up to 7 times

IRENA asked the G7 countries to lead the market. 

Industry decarbonisation alliance identifies six priorities

The six pillars include renewables, and green energy, amongst others.

IRENA’s energy transition platform bags $1b investments

The platform aims to ramp up funding for renewable projects in developing countries.

Japan, 8 others join Global Offshore Wind Alliance

The alliance targets to speed up the installation of offshore wind.

Renewables are now more cost-effective for Indonesians: report

Energy cost-saving is estimated to be worth US$400b-600b to 2050. 

Targeted RE capacity needs to be doubled by 2030 to reach climate goals

Total capacity needs to reach 10.8TW from the current target of 5.4TW.

Renewable energy employment reaches 12.7 million in 2021

Around 700,000 new workers were employed last year.

Global alliance formed to boost offshore wind capacity

It aims to increase offshore wind capacity by 670% to 380GW in 2030.

Southeast Asia needs $210b investments annually to reach net-zero goals by 2050

By 2030, the region needs $150b in investments to install 240GW more RE capacity.

IRENA, industry leaders establish Alliance for Industry Decarbonisation

The industrial sector is responsible for around 28% of GHG emissions.

Cost-competitive renewables save $55b in global energy generation in 2022

Electricity costs from wind and solar power declined in 2021.

Global hydrogen trade needed to achieve climate goal: IRENA

Around 25% of global hydrogen is set for trading by 2050.

Offshore wind industry sees 21.1GW additional capacity in 2021

The GWEC marked this as the industry's “best-ever” year.

IRENA, OPEC Fund tie up to advance RE investment

This is in pursuit of a “just, inclusive, and equitable energy transition.”

IRENA’s energy transition finance platform gets $400m in funding

The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.

IRENA, RCREEE renews partnership to scale up RE deployment in MENA

The agencies will collaborate in regional dialogues and initiatives to strengthen energy transition.

IRENA backs UN call to speed up energy transition

UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.