Overview
- At IRENA’s 16th Assembly in Abu Dhabi, Director-General Francesco La Camera said the energy transition is irreversible and renewables are now the most competitive source of power.
- Renewables accounted for 92% of new power capacity last year, with about 700 GW expected to be added worldwide in 2026.
- Transition-related investment reached a record roughly $2.4 trillion, including about $800 billion for generation capacity.
- IRENA reported 171 members and convened 1,524 participants from 139 countries, including 45 ministerial-level delegations.
- A joint IRENA–ILO review put renewable energy jobs at 16.6 million in 2024, as Abu Dhabi Chamber launched a Sustainability Label and showcased firms at a dedicated World Future Energy Summit pavilion.