Transforming energy systems ‘could boost global GDP by $98tn by 2050’

The International Renewable Energy Agency says shifting to renewables would help decarbonise, boost economic growth, create jobs and improve human welfare

Renewables ‘account for almost three quarters of new capacity in 2019’

The renewable energy sector added 176GW of generating capacity globally in 2019, marginally lower than the 179GW added in 2018, IRENA says

Wind and solar infrastructure
New $105m funding approved for renewable energy projects across eight nations

Projects include the installation of 20 biogas digesters which will convert organic waste into energy in Nepal and an 8MW solar and wind hybrid power plant in Antigua and Barbuda

UN and IRENA join forces to accelerate renewable energy uptake

They intend to step up the exchange of knowledge on the energy transition to help tackle climate change

Cuba on a greener path with new 10MW solar power plant

The project supports the government’s target to increase the share of renewables to 24% by 2030

Solar and wind power
Renewable power ‘already cheapest kind of electricity in many countries’

A new report from the International Renewable Energy Agency suggests cost reductions, particularly for solar and wind power, are set to continue into the next decade

Climate change
Decarbonisation ‘must accelerate to stay in line with Paris Agreement’

The International Renewable Energy Agency suggests three-quarters of global emission-cutting goals could be achieved through renewables and electrification

IEA and IRENA join forces for ‘secure and sustainable’ energy future

They intend to collaborate in areas including the exchange of statistics, policy analysis as well as joint training and events

Renewable energy
Renewables ‘now make up third of global power capacity’

A new report shows total renewable energy generation capacity reached 2,351GW by the end of last year

Renewables could provide 53% of Egypt’s power needs by 2030

The nation would, however, need to increase its investments to £4.9bn a year