The International Energy Agency (IEA) has stated that the goal to triple global renewable energy capacity by 2030 is within reach. Strong investments in solar, wind, and other renewable sources are driving rapid growth.
A goal to triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach, the International Energy Agency said in a report on Tuesday, but will require a huge push to unlock bottlenecks such as permitting and grid connections.
The report comes as leaders from government and business come together at New York Climate week to try to drive forward action against climate change.
Almost 200 countries at the COP 28 climate summit in Dubai last year agreed to reach net zero emissions from the energy sector by 2050 and pledged to triple renewable energy capacity like wind and solar.
The IEA said the renewable energy goal “is within reach thanks to favourable economics, ample manufacturing potential and strong policies,” but said more renewable capacity by itself would not slash fossil fuel use and reduce costs for consumers.
“To unlock the full benefits of the tripling goal, countries need to make a concerted push to build and modernise 25 million kilometres of electricity grids by 2030… The world would also need 1,500 gigawatts (GW) of energy storage capacity by 2030,” the IEA said.
Countries at COP 28 also pledged to double energy efficiency measures to help curb power use, but this target will require governments to make efficiency much more of a policy priority.
Countries must embed the renewable and energy efficiency goals in their national plans to meet goals set under the Paris climate agreement, the IEA said.
Emissions from the global energy sector hit a record high last year.
Tripling renewable energy capacity and doubling energy efficiency measures to reduce power use could reduced global greenhouse gas emissions by 10 billion metric tons by the end of the decade compared with what is otherwise expected, the report said.
The UK government announced plans to cut green levies on thousands of businesses, aiming to reduce soaring energy costs and boost the manufacturing sector, particularly in Labour strongholds.
A new study warns that the emperor penguin population in Antarctica is shrinking faster than expected, with numbers falling by 22% over 15 years due to climate change and unstable sea ice.
Colombia has cut deforestation by a third in early 2025, with the biggest progress seen in Amazon national parks.
As countries ramp up offshore wind farms to meet climate goals, scientists are warning about a growing issue: wind farms accidentally draining energy from one another — a phenomenon now nicknamed “wind theft.”
Azerbaijan has unveiled plans to export renewable electricity to Türkiye through the Nakhchivan Autonomous Republic, with a projected capacity of up to 1 gigawatt.
Moments ago, Iran launched missiles at Qatar. Explosions have been heard in Doha and across the country.
Gulf states and Iraq remain on high alert amid fears of Iranian retaliation following recent U.S. airstrikes.
Oil prices dropped 1% on Monday after hitting five-month highs, as markets assessed the impact of U.S. strikes on Iran and potential risks to oil transit through the Strait of Hormuz.
An Azerbaijani delegation attended the opening ceremony of the 30th Shanghai Television Festival, one of Asia’s most prestigious media events, held in China’s Shanghai city on June 23.
Ukrainian President Volodymyr Zelenskyy met King Charles at Windsor Castle on Monday during a short visit to the UK aimed at strengthening defense ties and increasing pressure on Russia.
Moments ago, Iran launched missiles at Qatar. Explosions have been heard in Doha and across the country.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
A 32°C heatwave expected to grip England has been made a 100 times more likely by human-caused climate change, according to a rapid scientific analysis released Thursday.
In 19 EU countries, the share of renewable energy sources in net electricity generation decreased in the first quarter of 2025 compared with the first quarter of 2024. The largest drops were recorded in Greece (-12.4%), Lithuania (-12.0%) and Slovakia (-10.6%).
The first side event of the Global South NGO Platform, initiated by Azerbaijan, was held in Bonn, Germany this week.
Egypt’s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability and manage peak demand. The project is expected to generate approximately 3,000 GWh of clean energy and avoid up to 1.4 million metric tonnes of emissions per year.
UK Chancellor of the Exchequer, the Rt Hon Rachel Reeves, has announced a record £2.5 billion in additional funding this week to advance the development of the world’s first fusion power plant.
Moments ago, Iran launched missiles at Qatar. Explosions have been heard in Doha and across the country.
Gulf states and Iraq remain on high alert amid fears of Iranian retaliation following recent U.S. airstrikes.
Oil prices dropped 1% on Monday after hitting five-month highs, as markets assessed the impact of U.S. strikes on Iran and potential risks to oil transit through the Strait of Hormuz.
An Azerbaijani delegation attended the opening ceremony of the 30th Shanghai Television Festival, one of Asia’s most prestigious media events, held in China’s Shanghai city on June 23.
Ukrainian President Volodymyr Zelenskyy met King Charles at Windsor Castle on Monday during a short visit to the UK aimed at strengthening defense ties and increasing pressure on Russia.
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