Solar Emerges As Primary Choice For Domestic Funding Of NDC Targets: IRENA Updated On Tue, Dec 12th, 2023 by Saurenergy A latest International Renewable Energy Association (IRENA) report shared the status of the renewable energy target in the Nationally Determined Contribution (NDC) until October 2023 and talked about the role of solar in this. It found that 148 parties have set quantifiable renewable energy targets for tripling renewable energy power by 2030. In this, 113 […] Read more
Brazil, India, Indonesia Hold Largest Markets For Electric Cooking: IRENA Updated On Thu, Dec 7th, 2023 by Saurenergy A recent report by International Renewable Energy Agency (IRENA) recently studied the growth of renewable-based electric cooking globally. It found a global improvement in access to clean cooking over the last two decades. The IRENA report said that the improvement was mainly found in five countries: Brazil, China, India, Indonesia, and Pakistan. The report studies […] Read more
Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
Asia Likely To Have 55% Share Of Global Renewable Energy Jobs: IRENA Updated On Fri, Dec 1st, 2023 by Saurenergy IRENA (International Renewable Energy Agency) recently released its world energy transition outlook report. Their report mentioned that Asia is expected to account for a 55% share of global renewable energy jobs, followed by Europe (14%), US (13%) and Sub-Saharan Africa (9%) till 2050 under 1.5-degree scenario. It adds that, the jobs are unevenly distributed as, […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
Regional Cooperation Key To Increase In Investment In West Asia: IRENA Updated On Thu, Oct 19th, 2023 by Saurenergy The latest report by the International Renewable Energy Agency (IRENA) on ‘Scaling up Renewable Energy Investment in West Africa’ states that the Nigeria contributed to three-quarters of the energy supply in West Africa. It also houses nearly half of its people, allowing this country to dominate the region demographically and economically. For supporting renewable energy investments […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
