Tag: IRENA

Renewable Power Generation Records Its Fastest Growth Ever

Stuart Mitchell

The Renewable Energy Statistics 2026 released by the International Renewable Energy Agency (IRENA) today shows that renewable electricity generation grew by 9.8% in 2024 — significantly higher than the growth rate recorded in 2023. Non-renewables continued to fall behind with an increase of 1.4% over the same period. Overall, renewables accounted for 31.7% of the electricity generation globally in 2024, totaling 9 836 terawatt hours (TWh). Drawing on IRENA’s roadmap, the incoming COP31 Presidency of Türkiye has announced a global electrification target of 35% of final energy demand by 2035…

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USD 480 Billion Fossil-Fuel Costs Avoided by Renewable Energy Boom in 2025

Stuart Mitchell

Renewable power costs remain low, making renewables the cheapest source of new electricity in most markets and further strengthening their cost advantage over fossil fuels. Renewable Power Generation Costs in 2025, released by the International Renewable Energy Agency (IRENA) today, estimates that more than 90% of the utility-scale renewable capacity added in 2025 was cheaper than the lowest-cost new fossil alternative. The cost advantage of renewables over fossil fuels continued to widen. In 2025, Solar PV remained at its 2024 level of USD 44 per megawatt hour (MWh), while wind…

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655 million people still living without electricity underscore urgent need to deliver on universal energy access target

Stuart Mitchell

At a time when energy security and affordability have risen to the top of the development agenda, 655 million people globally still lack access to electricity, and two billion use polluting fuels and technologies for cooking putting their health and well-being at risk. Sub-Saharan Africa bears a disproportionate share of these gaps, with over 560 million living without electricity and 970 million lacking access to clean cooking. The latest edition of Tracking SDG 7: The Energy Progress Report, featuring new 2023 and 2024 data, shows while most regions are nearing…

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WIPO and IRENA Launch Patent Landscape Report on Decarbonizing Heavy-Duty Road Transport

Stuart Mitchell

The World Intellectual Property Organization (WIPO) and the International Renewable Energy Agency (IRENA) launched today a new Patent Landscape Report on Decarbonizing Heavy-Duty Road Transport at the International Transport Forum (ITF) Summit in Leipzig, Germany. The report, which draws on contributions from the International Road Transport Union (IRU) and the World Economic Forum (WEF), provides a comprehensive patent-based analysis of innovation trends in the technologies driving the decarbonization of trucks and buses worldwide. The report follows WIPO’s Technology Trends: Future of Transportation report published in 2025, the third publication in…

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Moving from Energy Crisis to Energy Security with Renewables

Stuart Mitchell

The strategic deployment of renewables has provided enhanced resilience in the face of the current energy crisis by a number of countries, according to a new policy advisory from the International Renewable Energy Agency (IRENA). The brief, aimed at policy makers responding to the disruption in international energy markets, suggests a set of immediate and longer-term actions to insulate countries and communities from the worst effects of the crisis, and steer their economic recovery toward greater energy security and resilience. Renewables are already reducing dependence on fossil fuel imports across…

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