IRENA calls for targeted public spending and policy action to maximise post-Covid recovery

According to the energy agency, an annual energy spending of $4.5 trillion could boost world’s economy by 1.3% and create up to 19 million jobs by 2030

Renewables ‘beat even cheapest coal competitors on cost’

The average cost of building new solar photovoltaic power is more than a fifth cheaper than the cheapest fossil-fuel competitor, according to a new report

IRENA and UN Commission to step up Asia-Pacific’s efforts to combat Covid-19 crisis

The organisations recommend enhancing green investments in the region in a bid to strengthen health systems and support pandemic-hit economies

Indigenous energy production expected to rise in Africa

A new report suggests the African continent could satisfy a quarter of all its energy need from renewable power within a decade

Renewables ‘could stimulate economic growth while benefitting the environment’

IRENA states that a ‘green’ energy system could provide GDP gains of more than £79.5 trillion by 2050, while creating millions of jobs

Transforming energy systems ‘could boost global GDP by $98tn by 2050’

The International Renewable Energy Agency says shifting to renewables would help decarbonise, boost economic growth, create jobs and improve human welfare

Renewables ‘account for almost three quarters of new capacity in 2019’

The renewable energy sector added 176GW of generating capacity globally in 2019, marginally lower than the 179GW added in 2018, IRENA says

Wind and solar infrastructure
New $105m funding approved for renewable energy projects across eight nations

Projects include the installation of 20 biogas digesters which will convert organic waste into energy in Nepal and an 8MW solar and wind hybrid power plant in Antigua and Barbuda

UN and IRENA join forces to accelerate renewable energy uptake

They intend to step up the exchange of knowledge on the energy transition to help tackle climate change

Cuba on a greener path with new 10MW solar power plant

The project supports the government’s target to increase the share of renewables to 24% by 2030