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international renewable energy agency

Solar panels in Nebraska.

IRENA: Solar PV is the only technology on track to meet 2030 investment targets

October 14, 2024
The world will need to invest US$1.5 trillion per year until 2030 to meet the target of tripling clean power capacity by 2030.
A solar project in the US.

Solar PV to account for 80% of the world’s renewable capacity additions this decade

October 9, 2024
Solar PV is set to account for 80% of the 5,500GW of new clean energy additions made by 2030, according to the IEA.
Yearly evolution of renewable energy jobs between 2012 and 2023

IRENA: Solar PV represents 44% of renewables global workforce

October 2, 2024
According to IRENA, the renewable energy employed 16.2 million people in 2023, of which 7.1 million jobs were in the solar PV industry.
Francesco La Camera speaking at COP28.

IRENA: Solar LCOE falls 12% year-on-year, 90% since 2010

September 26, 2024
The global weighted average LCOE of utility-scale PV plants fell to US$0.044/kWh in 2023, a 12% year-on-year decline from 2022.
irena

IRENA: 14% year-on-year growth in renewable power capacity additions, 16.4% needed to meet 2030 targets

July 12, 2024
IRENA has found that the world’s renewable power capacity will need to increase by 16.4%, year-on-year, to meet the world’s climate targets.
The 1.2GW Abu Dhabi Noor solar project. Image: EWEC.

Global solar capacity must reach 5.4TW by 2030 to meet Paris climate goals – report

October 30, 2023
A new report into the world’s clean energy transition, has called for an expansion of global solar capacity to 5.4TW by 2030.
irena

IRENA: global solar LCOE fell 3% between 2021 and 2022

August 30, 2023
An IRENA report into the cost of producing power has found that the levelised cost of electricity in the solar PV sector fell by 3% in 2022.
IRENA director-general Francesco La Camera speaking in 2019. Credit: IRENA via Flickr

World must add 551GW of solar capacity each year until 2030 – IRENA

June 26, 2023
The International Renewable Energy Agency has called for the world to add 551GW of solar capacity per year by 2030.
SunEdison_pv_project_desert

China encourages building of solar plants on land with low ecological value

March 30, 2023
large scale solar PV plants are encouraged to be built in deserts, including Gobi, oil fields and coalfields that can hardly be restored. 
The storage facilities should have a minimum capacity of 30% of the total installed power generation capacity. Image: Raphael Cruz via Unsplash

Investment of US$35 trillion needed for energy transition by 2030 – IRENA

March 28, 2023
IRENA believed that yearly investments must more than quadruple to over US$5 trillion to stay on the 1.5°C pathway.

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