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International Renewable Energy Agency predicts rapid increase in renewables’ market share

logo-IRENAIrena details plan to double renewables’ market share by 2030, The National, 20 Jan 14 More than 1,000 delegates from around the world gathered in Abu Dhabi on Saturday for the release of a detailed plan to double renewables’ share of the global energy market by 2030.  Heads of state and ministers from more than 150 countries and representatives of 120 organisations took part in the opening of the International Renewable Energy Agency’s fourth annual assembly.

At the St Regis resort on Saadiyat Island, Irena detailed its “REmap 2030” plan for increasing adoption of renewable energies around the world.

The meeting is part of Abu Dhabi Sustainability Week, which incorporates conferences including the World Future Energy Summit and the International Water Summit, and the announcement of the Zayed Future Energy Prize winners.

Irena is the global centre for renewable-energy cooperation for its 123 member states, as well as the European Union.

The assembly announced the first six renewable-energy projects in developing countries to receive loans under Irena’s project partnership with the Abu Dhabi Fund for Development……

Figures from Middle East Economic Digest, Meed, show the total value of renewable-energy projects in the Middle East will be 36 times greater in the next decade……

Projects include Masdar 100-megawatt solar plant in Abu Dhabi, a 1,000MW solar park in Dubai, and ambitious projects planned for Saudi Arabia, Kuwait, Qatar and Oman. http://www.thenational.ae/uae/environment/irena-details-plan-to-double-renewables-market-share-by-2030#ixzz2qxvy478H

January 20, 2014 - Posted by | Uncategorized

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