Rabat : Despite COVID-19, renewable energy capacities exceeded forecasts in 2020, according to the International Renewable Energy Agency (IRENA). The agency said on Monday that more than 260 gigawatts (GW) of renewable capacity were put into place last year. The number represents a 50% increase in growth than in 2019. IRENA’s statistics showed that renewable […]
UAE’s Masdar inks deal for mega solar power project in Azerbaijan
The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership. UAE’s Masdar has signed agreements to develop a utility-scale solar photovoltaic (PV) project in the Republic of Azerbaijan. The plant is expected to start commercial operations in early 2023. The 230-megawatt (MWac) project is the country’s first foreign investment-based […]
Record 260 GW of new renewable energy capacity added in 2020: Research
In its Renewable Capacity Statistics 2021 report, the agency said more than 80% of all new electricity capacity added last year was renewable, with solar and wind accounting for 91% of new renewables. New Delhi: A record 260 gigawatts (GW) of new renewable energy capacity was added worldwide in 2020, up 50 per cent from […]
RENEWABLE CAPACITY STATISTICS 2021
World Adds Record New Renewable Energy Capacity in 2020
Despite COVID-19 pandemic, more than 260GW of renewable energy capacity added globally in 2020, beating previous record by almost 50% IRENA Director-General Francesco Camera hails start of ‘decade of renewables’. Abu Dhabi, UAE – Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from […]
IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables
A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan. The “Renewables Readiness Assessment: The Hashemite Kingdom of Jordan” – developed in co-operation with Jordan’s Ministry of Energy and Mineral Resources, suggests opportunities exist […]
IRENA and African Development Bank Partner to Scale up Renewables Investments in Africa
The Bank’s partnership with IRENA will support Africa’s energy transition and our goal to achieve universal access to affordable, reliable, sustainable and modern energy in Africa by 2030.” – Bank VP Kevin Kariuki “This agreement represents the type of coordinated international cooperation that is the cornerstone of the realisation of sustainable development in Africa […]
IRENA Presents $2 Trillion Plan For Renewable Jobs By 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency. The International Renewable Energy Agency (IRENA) has used its annual renewable energy jobs report to urge governments to more than double annual […]
Renewable Energy Can Support Resilient and Equitable Recovery
IRENA’s first Global Renewables Outlook shows decarbonisation of the energy system supports short-term recovery while creating resilient and inclusive economies and societies. Abu Dhabi, United Arab Emirates: Advancing the renewables-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, finds […]
Renewables agency charts path to zero-carbon energy system by 2050
In its inaugural annual Global Renewables Outlook, the Abu Dhabi-based International Renewable Energy Agency (IRENA) said choices by governments would help decide whether the pandemic served to delay or accelerate a low-carbon transition Governments could chart a path to a fully decarbonised energy system by the middle of the century and revive economies hit by […]