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International standards help to align expectations between producers and consumers in different countries for green hydrogen and its derivative commodities in the global energy, and the use of and adherence to standards can also de-risk investments by enhancing the credibility of project plans.

In a remote village in Honduras, a decentralised, sustainable energy project combining solar power, biomass, and battery storage has provided continuous electricity—empowering the community, enhancing the quality of life with refrigeration for food and medicines, and revitalising the local economy.

The IRENA NewGen Award 2024 selected the top four solutions from these 17 startups. As winners, they will have the opportunity to pitch their ideas in front of potential investors and investment experts during a dedicated entrepreneurship event in the United Arab Emirates (UAE) in 2025.

Over the course of two weeks of the conference, the International Renewable Energy Agency (IRENA) launched key initiatives and engaged with governments, the private sector, and youth, advocating for ambitious outcomes that would align decisions related to the energy transition with a 1.5°C scenario.

During a pivotal CEO high level dialog on coordinated actions towards raising aspiration for decarbonization at COP29, the Alliance for Industry Decarbonization (AFID), co-chaired by Siemens Energy and EMSTEEL, has announced four strategic commitments to address the challenges related to decarbonization of industrial sectors.

The world’s leading utilities and power sector companies endorsed commitments of governments and international stakeholders made at COP29 to increase power system storage capacity six fold by 2030 and add or refurbish 80 million kilometers of grids by 2040.

At COP29 in Baku, IRENA and the United Arab Emirates co-hosted a high-level event to discuss the challenges and opportunities of “Integrating UAE Consensus Energy Outcomes with NDCs 3.0”.

The International Renewable Energy Agency (IRENA) unveiled a new partnership model that can accelerate renewable energy deployment and foster green industrialisation in Central Asia.

APRA, the Accelerated Partnership for Renewables in Africa, was one of the main areas of focus at “Africa's Green Momentum: Harnessing Renewables for Industrialisation”, a high-level event on the second day of COP29 organised by Kenya, IRENA and the NDC Partnership.