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Solar panels above a fishery site in China

IRENA: Solar accounts for three-quarters of all renewable energy capacity additions in 2024

March 26, 2025
The world added 451.9GW of new solar capacity in 2024, accounting for three-quarters of all new renewable power capacity commissioned last year.
Extensive investment in Europe’s grid network is needed to keep pace with renewables deployment.

IRENA: Grid infrastructure and energy storage key to energy transition

January 7, 2025
The deployment of grid infrastructure and energy storage is a key element to avoid delaying global energy transition, according to the International Renewable Energy Agency (IRENA).
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.
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.
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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.
IRENA

IRENA: scaling up financing and modernising infrastructure can triple renewables generation capacity

March 19, 2024
Record renewables capacity additions and the progress in the energy transition last year are insufficient to meet the 1.5°C scenario.
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.
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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.

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