IRENA - 91% of New Renewable Projects Now Cheaper Than Fossil Fuels Alternatives

PRESS RELEASE 91% of New Renewable Projects Now Cheaper Than Fossil Fuels Alternatives New IRENA report confirms cost-competitiveness of renewables; warns of mounting grid integration and financing challenges notably in emerging and capital-constrained markets Abu Dhabi, United Arab Emirates, 22 July 2025 - Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation Costs in 2024 confirms. Th...