According to the International Renewable Energy Agency (IRENA), solar energy now accounts for 28% of the world’s renewable electricity generation capacity, just ahead of wind with 27%. This time last year, the two were evenly matched at 26% each.

Solar and wind energy are not the only renewable electricity sources, but they are building a dominant position in the market. IRENA’s figures show that solar and wind were responsible for 88% of all new renewable capacity in 2021.

Solar Overtakes Wind Energy For First Time In Global Rush For Renewables | Devamı>>>

By 2030, the global economy will create more green jobs than the number lost during the pandemic if investments in renewable energy are increased in line with sustainability targets set under the Paris Agreements, the International Renewable Energy Agency (IRENA) has said.

In its new Renewable Energy and Jobs Annual review 2021, complied in partnership with the International Labour Organisation, IRENA predicts that some 25 million new green jobs will be created by 2030, surpassing the 7 million lost due to the pandemic.

More Jobs will be Created by the Green Energy Transition Than Lost! | Devamı>>>

Solar photovoltaics (PV) has become a mainstay of low-carbon sustainable energy strategies, with the cost of electricity generated by PV plants declining by 77% between 2010 and 2018. Trade and the globalisation of the solar PV market have been major factors driving the decrease in technology prices as manufacturers are able to source goods and services from competitive suppliers.

However, trade policies and harmonised coherent product standards are needed to unlock additional cost reductions and are therefore crucial to a globalised PV market that promotes safe and inclusive trade in solar PV goods and services`.

The Case for Open, High-Quality Solar Photovoltaic Markets… | Devamı>>>

The latest report on energy system developments shows that 176 GWs of new renewable energy capacity accounted for 72% of all new energy capacity additions in 2019.

The data, released in the International Renewable Energy Agency (IRENA)’s annual Renewable Capacity Statistics 2020, showed that while the 2019 figure was slightly lower than 2018’s 179 GW the market continued to expand, up over 7.5%. Asia showed the most spectacular growth, with 54% of total additions while wind and solar power accounted by 90% of capacity deployed.

Renewable Energy Outstrips Fossil Fuel | Devamı>>>

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 taken advantage of by policymakers, investors and financial institutions. The International Renewable Energy Agency (IRENA) has recently published a series of renewable energy finance briefs looking at tools to scale up renewables. 

Financing the Global Energy Transformation ‘Green Bonds’ | Devamı>>>

If the world does not step up efforts on renewable energy, it will fall short of the United Nations Sustainable Development Goals (SDGs) for 2030. This is according to a new report >>> compiled by the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank and the World Health Organization (WHO).

Specifically, SDG 7 sets out to “ensure access to affordable, reliable and modern energy for all”.

Population Without Access To Electricity Drops By 400 Million Since 2010 | Devamı>>>

One-third of the world’s installed electricity generation capacity is from renewable sources, according to the latest industry statistics.

The data compiled by the International Renewable Energy Agency (IRENA) shows that two-thirds of the power capacity added around the world in 2018 was from renewables. Wind and solar accounted for 84% of that total.

2018 was characterized by a spate of solar and wind pricing breakthroughs. Falling interest rates for investors, ongoing technology improvements and regulatory frameworks that encourage competition among would-be developers have all played a part.

One-Third Of World’s Power Plant Capacity Is Now Renewable | Devamı>>>