The Investment Case for Energy Transition in Africa

Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed at national and regional levels, 580 million Africans still do not have access to modern …

Battery Storage Paves Way for a Renewable-Powered Future

Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies can be used for a variety of applications in the …

Financing the Global Energy Transformation: Green Bonds

Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon economy, a set of financial solutions need to be developed and …

IRENA Director Urges Faster Pace on Decarbonization

“As we advance deeper into a new energy paradigm, we need to pick-up the pace of our decarbonization efforts.” That was the message this week from the director-general of the International Renewable Energy Agency (IRENA), Adnan Amin. Speaking after the launch of an IRENA report called Rethinking Energy, Amin said …

New IRENA Report Details about Renewables

There is new comprehensive publication released by the International Renewable Energy Agency (IRENA). REthinking Energy, now in its third edition, was released yesterday at IRENA’s seventh Assembly, the Agency’s ultimate decision-making authority. “Renewables are gaining ground by nearly every measure. Accelerating the pace of the energy transition and expanding its …