
Global Renewable Energy Investment Hit USD 807 Billion in 2024
Global investments in the energy transition reached a new record of USD 2.4 trillion in 2024 – a 20% increase from the average annual levels of 2022/23.

Global investments in the energy transition reached a new record of USD 2.4 trillion in 2024 – a 20% increase from the average annual levels of 2022/23.

Global utilities today unveiled upgraded annual investment plans that will see energy transition spend rise to US $148 billion per year, up from previously stated ambitions of US $117 billion. The plans revealed by members of the Utilities for Net Zero Alliance (UNEZA) today at COP30, will see a group of the world’s leading utilities mobilise more than USD 1 trillion in energy transition investments to 2030 since establishment at COP28.

South America’s shift towards renewable energy can unlock new opportunities and drive sustained progress, according to the new Regional Energy Transition Outlook South America released by the International Renewable Energy Agency (IRENA) at the United Nations Climate Conference COP30 in Belém, Brazil.

Digitalisation and artificial intelligence-based applications are becoming gamechangers for the energy transition. They cut electricity costs for end-users, increase energy security, improve business performance, and help integrate low-cost renewables, according to a new report.

The International Renewable Energy Agency (IRENA) convenes its 30th Council meeting tomorrow in Abu Dhabi to review progress on the Agency’s work and consider collective priorities to accelerate the global energy transition, as preparations advance for COP30 and the 16th IRENA Assembly.
Today, the International Renewable Energy Agency (IRENA) and the Government of Sierra Leone officially launch the second Accelerated Partnership for Renewables in Africa (APRA) Investment Forum aimed at scaling up investments to advance the energy transition and green industrialisation across APRA countries.

The world is falling behind on its renewable energy and efficiency goals despite record progress last year, confirms a new report released today by the International Renewable Energy Agency (IRENA), the COP30 Brazilian Presidency, and the Global Renewables Alliance (GRA) during a pre-COP30 high-level event in Brasília.

The International Union for Conservation of Nature (IUCN) and the International Renewable Energy Agency (IRENA) today signed a Memorandum of Understanding (MoU) at the IUCN World Conservation Congress.

A new report by the International Renewable Energy Agency (IRENA) finds that women hold 32% of full-time jobs in the renewables sector.

An exceptional group of government leaders, private sector executives, and figureheads from civil society financiers came together today for the High-Level Session on Renewable Energy Abundance, a flagship event of Climate Week NYC and the high-level opening of the Global Renewables Summit.

The International Renewable Energy Agency (IRENA) and the International Civil Aviation Organization (ICAO) launched ‘Finvest@ETAF’ to support Sustainable Aviation Fuels (SAF) and clean aviation energy projects globally.

President of the European Commission Ursula von der Leyen, President of Kenya William Ruto, and Prime Minister of the Bahamas Philip Davis will headline the second edition of the Global Renewables Summit (GRS25), taking place on 22–23 September in New York alongside the UN General Assembly and Climate Week NYC.

Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms.

Renewable Energy Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables capacity growing by over 15% in 2024, the growth gap widens across regions.

The Energy Progress Report 2025 shows that basic electricity access now reaches almost 92% of the global population, yet progress remains too slow to achieve universal access by 2030.

According to the first Regional Energy Transition Outlook by the International Renewable Energy Agency (IRENA), published in collaboration with the European Commission, increased use of renewables also improves affordability and competitiveness by harnessing domestic, cost-effective energy sources across the EU.

The Government of Brazil and the International Renewable Energy Agency (IRENA) will co-host the 1st Energy Planning Summit on 3-4 June 2025 at the BNDES Headquarters in Rio de Janeiro.

Accelerating the deployment of renewable energy in Georgia can significantly boost the country’s energy security, strengthen its competitiveness in regional and global markets, and reduce the national energy trade deficit, according to the new Energy Transition Assessment released today by the International Renewable Energy Agency (IRENA).-
Renewable Capacity Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows a massive increase in renewable power capacity during 2024, reaching 4 448 gigawatts (GW).

Released at the Berlin Energy Transition Dialogue (BETD) today, the Agency’s new data collection and policy recommendations look at key performance indicators for the 2030 milestone and assess progress against 1.5°C-aligned transitions pathways in the G20 including the European Union.

The 15th Session of the International Renewable Energy Agency (IRENA) Assembly, under the theme "Accelerating the Renewable Energy Transition – The Way Forward," convenes on January 12, 2025, in Abu Dhabi, marking the first international energy meeting of the year.

The outgoing G20 President Brazil has invited the International Renewable Energy Agency (IRENA) to serve as the Secretariat of the Global Coalition on Energy Planning (GCEP).

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

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.