At IRENA’s seventh Assembly, held in Abu Dhabi in January 2017, renewable energy projects from the Marshall Islands, Niger, Seychelles and the Solomon Islands were selected to receive a total of USD 44.5 million in funding through the IRENA/ADFD Project Facility. The Facility is a unique partnership between the International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD), set up to identify and partially finance promising renewable energy projects in developing countries.
At the Assembly, energy ministers from the four selected countries explained how this partnership will bring about a positive change in their respective countries. Continue reading Ministers: ‘IRENA/ADFD Plays Key Role Advancing Renewables in Developing Countries’
Small Island Developing States (SIDS) are on the frontlines of global climate change. Dependent on the ocean for their livelihoods, yet threatened by its rising and acidifying waters, this assemblage of the world’s lowest lying countries are some of the most outspoken and driven countries for decarbonisation and renewable energy.
Matching ambition with reality, however, is not simple, and SIDS need international support to accomplish their decarbonisation goals. But what does that support look like? What is needed to identify the best pathways for SIDS to achieve a renewable energy future and to establish the necessary frameworks for accessing financial support at the speed and scale required to transform their energy systems? Continue reading Finding a Way to Transform Energy on Islands
Covering the surface area of China and the USA combined and home to around 600 million people, Latin America is rich in resources. While its minerals, metals, and fossil fuels have traditionally drawn investment, energy security concerns, technological advances and the growing threat of climate change have now brought the region’s enormous renewable energy potential to the forefront.
A new IRENA report, Renewable Energy Market Analysis: Latin America, highlights Latin America’s success with renewables, the region’s emerging trends and valuable insights for other countries. Continue reading Latin America’s Renewable Energy Market Analysis
Uruguay is a global leader in renewables deployment, with more than 94% of the country’s electricity coming from renewables in 2015. The successful implementation of an enabling policy and regulatory framework helped drive this remarkable transition in just over a decade.
On 8 November 2016, HE Mr. Raul Sendic, Vice-President of Uruguay, visited IRENA’s headquarters to show his support for the Agency and engage with IRENA’s Director-General, Adnan Z. Amin. Continue reading IRENA Director-General Meets Vice-President of Uruguay
Creating a sustainable future is the responsibility of all countries, and that includes allocating a greater share of the world’s energy mix to renewables. A new IRENA report, Renewable Energy Prospects: Dominican Republic, finds the Dominican Republic could by 2030 increase its share of modern renewable energy from 9 to 27%, and its share of renewable electricity generation from 12 to 44%, by adopting a series of recommendations.
Situated on the tropical island of Hispaniola, in the heart of Caribbean, the Dominican Republic’s shining sun and gentle winds, provides its 10 million inhabitants with rich opportunities for renewable energy generation. Continue reading Dominican Republic’s Roadmap to a Renewable Future
IRENA and the Inter-American Development Bank’s (IDB) Sustainable Energy Marketplace for Latin America and the Caribbean, have announced a $300,000 technical assistance award to advance the development of six renewable energy projects across Latin America and the Caribbean.
The projects — based in Argentina, Colombia, El Salvador, Haiti, Honduras, and Mexico — cover a range of areas including solar, wind, and carbon management. “The Sustainable Energy Marketplace supports projects at different stages of development. Through the project development support and the work with IDB, this platform will create a bigger, more liquid market for renewable energy projects that will eventually improve access to sustainable and reliable energy in a financially sustainable manner,” said Henning Wuester, Director of IRENA’s Knowledge, Policy and Finance Centre. Continue reading IRENA and the Inter-American Development Bank Award Support to Renewable Energy Project Development