Chatgpt generated image symbolizing the Year of the Fire Horse as electrified infrastructure reshapes global power systems.
Joseph Schumpeter wrote that creative destruction is the essential fact about capitalism. He was not describing a gentle process. He was describing waves of innovation that dismantle capital stock, reprice assets, and reorganize entire industries. In the Chinese zodiac, the Year of the Fire Horse we have just entered symbolizes … [continued]
The International Renewable Energy Agency (IRENA) has just published a report about renewable energy jobs: Renewable Energy and Jobs Annual Review 2025. What really jumps out is the fact that about 16.6 million people worked in renewable energy jobs last year. “At least 16.6 million people were directly or indirectly … [continued]
Solar and wind power have a lot going for them. They ease global warming stress and its climate consequences. They don’t cost as fossil fuels at utility scale, and they’re a lot less harmful to people’s health than fossil fuels. Of all of these reasons to favor solar and wind … [continued]
Francesco La Camera, Director General of the International Renewable Energy Agency (IRENA). (Photo for Cleantechnica by author)
The first day of the Singapore International Energy Week (SIEW) saw Francesco La Camera, the Director General of the International Renewable Energy Agency (IRENA), delivering a resolute address, emphasizing the unprecedented dominance of renewables in new energy projects and firmly asserting that the global energy transition is accelerating, not faltering. … [continued]
How much is renewable energy dominating new power capacity worldwide? That’s how much! 92.5% of new power capacity added to the grid in 2024 came from renewable energy sources. This is not even a competition anymore. And that’s great, because we’re still running behind schedule when it comes to decarbonizing … [continued]
Record growth in renewables must be significantly topped up in the remaining 7 years to meet the UAE Consensus energy target set at COP28 Abu Dhabi, United Arab Emirates — The Renewable Energy Statistics 2024 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables becoming the fastest growing … [continued]
US offshore wind stakeholders are ready for a comeback in 2024 after suffering a series of blows last year.
As a necessary step to remain on track to limit global temperature increase to 1.5°C above pre-industrial levels by the end of the century, the world must achieve net zero emissions by 2050. Renewable energy targets have been variously contentious, in flux, and ambitious since the Paris Agreement. Moreover, within … [continued]
By Daniel Morris, Clean Energy Lead, Climate Investment Funds (CIF), and Francisco Boshell, Head of Innovation and End-Use Applications, International Renewable Energy Agency (IRENA) Our world has a storage problem. As the technology for generating renewable energy has advanced at breakneck pace—almost tripling globally between 2011 and 2022—one thing has … [continued]
Common space at Surfbreak Honolulu, designed to maximize the spontaneous collisions that form the foundation of co-living
New report on the geopolitics of critical materials sees significant concentration in supply chains and calls for collaborative strategies to sustain the energy transition.
The idea that it costs a premium to go green and clean is long expired in the electricity industry. A new report from the International Renewable Energy Agency (IRENA) indicates that most of the renewable energy installed in G20 countries last year had lower costs than the absolute cheapest coal … [continued]
