the International Renewable Energy Agency (IRENA)

Major Global Utilities Announce Joint Intent to Scale Renewable Capacity by 2.5 times to 2030

July 7, 2024May 29, 2024 Stuart Mitchell

The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint renewables ambition was announced alongside a grid infrastructure action plan. The plan, revealed at the 14th Assembly of the International Renewable Energy Agency (IRENA), addresses the pressing need to scale and modernise global grid infrastructure to support clean power development and the tripling of renewables by 2030. According to IRENA,…

Record Growth in Renewables, but Progress Needs to be Equitable

June 4, 2024April 30, 2024 Stuart Mitchell

Renewable Capacity Statistics 2024 released by the International Renewable Energy Agency (IRENA) recently shows that 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3 870 Gigawatts (GW) globally. Renewables accounted for 86% of capacity additions; however, this growth is unevenly distributed across the world, indicating a trend far from the tripling renewable power target by 2030. The 473 GW of renewables expansion was led once again by Asia with a 69% share (326 GW). This growth was driven by China,…

Basic Energy Access Lags Amid Renewable Opportunities New Report Shows

July 21, 2023June 10, 2023 Stuart Mitchell

A new report 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), released recently, finds that the world is not on track to achieve the Sustainable Development Goal (SDG) 7 for energy by 2030. This year marks the halfway point for achieving SDGs by 2030. SDG 7 is to ensure access to affordable, reliable, sustainable and modern energy. The goal includes reaching universal access to electricity and clean cooking, doubling historic levels…