Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms. The report confirms that renewables maintained their price advantage over fossil fuels, with cost declines driven by technological innovation, competitive supply chains, and economies of scale. In 2024, solar photovoltaics (PV) were, on average, 41% cheaper than […]
Renewables Boom Highlights Growing Regional Divide
The Renewable Energy Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows that despite renewables capacity growing by over 15% in 2024, the growth gap widens across regions. Asia has kept its leading position since the past few years, accounting for 71% of new renewables capacity in 2024, followed by Europe and North America […]
Mucuna: Nigeria’s Climate-Smart Crop for Soil Restoration and Agricultural Resilience
In the face of Nigeria’s worsening climate crisis, shrinking natural resources such as arable land and water, land degradation, and insecurity are fueling a national food crisis. With over 19.5 million people projected to face food insecurity in 2025, farmers are increasingly looking toward nature-based solutions to restore soil health, improve yields, and build resilience. […]