Abu Dhabi Future Energy Company (Masdar) has partnered with the International Renewable Energy Agency (IRENA) to launch a project aimed at tripling global renewable energy capacity by 2030. The collaboration will establish a global baseline for renewable energy, focusing on solar, wind, hydropower, geothermal, and battery storage technologies. Masdar, committed to growing its capacity to 100GW by the end of the decade, will work with IRENA to emphasize the role of renewable energy in combating climate change at the upcoming COP28. The project will also address regional challenges and provide recommendations for action.
- Masdar in deal to triple renewable energy capacity by 2030