In Short : The International Renewable Energy Agency (Irena) reports that the current growth rate of renewables is inadequate to meet the 2030 target. Accelerated efforts and investments are needed to significantly boost renewable energy capacity and achieve global climate goals. In Detail : Capacity needs to grow by at least 16.4 per cent annually […]
Renewable energy transforming the landscape – EQ
In Short : “Renewable energy is reshaping the landscape, driving sustainable change and paving the way for a greener, more environmentally friendly future.” In Detail : Renewable energy, if supported by governments, can “truly change the landscape” in terms of achieving equitable access to affordable and clean energy, but only if they can move from […]
Renewable energy can truly change the landscape: IRENA – EQ
In Short – IRENA emphasizes the transformative potential of renewable energy, stating it can reshape the landscape of global energy. With its abundant resources and environmentally friendly nature, renewables offer a sustainable alternative to conventional fuels. IRENA’s statement underscores the pivotal role renewables play in mitigating climate change, fostering economic growth, and ensuring energy access […]
COP28, IRENA and Global Renewables Alliance outline roadmap at Pre-COP on fast-tracking the energy transition by tripling renewable power and doubling energy efficiency by 2030 – EQ
In Short : At the Pre-COP meeting, COP28, IRENA, and the Global Renewables Alliance unveiled a roadmap to accelerate the energy transition. The plan focuses on tripling renewable power and doubling energy efficiency by 2030. This ambitious strategy aims to swiftly reduce global carbon emissions and advance the shift to sustainable energy sources, underscoring the […]
Global renwable energy capacity addition needs to grow 3-fold annually by 2030: Report – EQ Mag
New Delhi : Renewable energy capacity addition needs to grow at over three times annually to keep within the reach the target of limiting global temperature increase to 1.5 degree Celsius, said a report by the International Renewable Energy Agency (IRENA). The World Energy Transitions Outlook (WETO) 2023 has called for annual renewable power additions […]
Investments in renewable energies must quadruple to meet climate target: IRENA – EQ Mag
BERLIN: Global investments in energy transition technologies must more than quadruple annually to stay in line with commitments made under the Paris climate accord, the International Renewable Energy Agency said on Tuesday. Investments in renewable energy technologies reached a record of $1.3 trillion last year but that figure must rise to around $5 trillion annually […]
Global renewables capacity grew by record 10% last year – IRENA – EQ Mag
LONDON : Global renewable energy capacity grew by a record 9.6% last year but needs to grow by three times the current rate to limit global warming, the International Renewable Energy Agency (IRENA) said on Tuesday. IRENA’s annual report on renewable energy statistics said global renewable energy capacity amounted to 3,372 gigawatts (GW) at the […]
India’s IRENA presidency reinforces its clean energy leadership – EQ Mag
India taking over the presidency of IRENA has reinforced the country’s leadership in the clean energy space, Indian business leaders here have said. The International Renewable Energy Agency (IRENA) is an intergovernmental organisation mandated to facilitate cooperation, advance knowledge, and promote the adoption and sustainable use of renewable energy. India on Saturday assumed the presidency […]
Renewable Energy Jobs Hit 12.7 Million Globally: IRENA – EQ Mag Pro
Pittsburgh, USA / Abu Dhabi, UAE / Geneva, Switzerland : Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year despite the lingering effects of COVID-19 and the growing energy crisis, according to a new report. Renewable Energy and Jobs: Annual Review 2022 identifies market dynamics as […]
ASEAN Can Cover Two-Thirds of Energy Demand with Renewables: IRENA – EQ Mag Pro
Southeast Asia can save energy costs of up to USD 160 billion; addressing energy security and climate risks through energy transition, says IRENA. Jakarta, Indonesia / Abu Dhabi, Unites Arab Emirates : Southeast Asian countries can meet their growing energy demand with renewables and cut 75% of their energy-related CO2 emissions by 2050, half of […]