The International Renewable Energy Agency (IRENA) has signed a partnership agreement with Siemens Energy to work on the application of technology to advance the transition to renewable energy across the world. The two entities will work together on developing business cases for green hydrogen and promoting heat generation and industrial processes that can decarbonise hard-to-abate industries such as cement, steel and petrochemicals.
IRENA and Siemens exchange knowledge and expertise on renewable electrification, including the development of roadmaps that prioritise communities and regions currently lacking access to modern energy. They will also collaborate on facilitating private sector investment in the renewables sector.
“Partnerships are the cornerstone of global efforts to achieve the sustainable development goals and key to the rapid acceleration of the global energy transition,” According to Francesco La Camera, Director-General of IRENA, “This public-private initiative is representative of a shared a vision for a low-carbon energy future and of a joint commitment to meaningful action.”
Earlier in February 2021, IRENA and the Southern African Development Community’s Centre for Renewable Energy and Energy Efficiency (SACREEE) signed a memorandum of understanding to collaborate on increasing the deployment renewable energy projects with a special focus on decentralised technologies across countries in Southern Africa. The two parties will also combine to catalyse policy development, capacity building programmes and regional events to attract investments in the area.