Felix Dodds comments on sustainable development, coffee & life

New IRENA report confirms the cost-competitiveness of round-the-clock renewable power through hybrid solutions of solar and wind with battery storage.   Abu Dhabi, United Arab Emirates, 06 May 2026  - Solar and wind energy paired with battery storage are reliable and already today deliver cost-effective, round-the-clock electricity, according to a new report by the International Renewable Energy Agency (IRENA).  24/7 renewables: The economics of firm solar and wind confirms that in prime solar and wind regions, hybrid solutions combined with storage deliver round-the-clock power at lower costs than fossil fuels.   Firm levelised costs of electricity (‘firm costs’) for solar plus storage range from USD 54 to USD 82 per megawatt-hour (MWh) in high-quality resource regions, compared with USD 70–85 p...

  PRESS RELEASE   Near-700 GW Surge in 2025 Proves Renewable Energy Resilience    2025 marks another record for installed global capacity, signaling countries to strengthen energy security with domestic renewable sources.       Abu Dhabi, United Arab Emirates, 1 April 2026  - 2025 saw total renewable power capacity reach 5 149 gigawatts (GW) after the addition of 692 GW, or a 15.5% of annual increase, according to n...

  PRESS RELEASE   Global Renewable Energy Investment Hit USD 807 Billion in 2024 Record investment in renewables, but growth pace slows to 7.3%      Abu Dhabi, United Arab Emirates, 217 November 2025  - Global investments in the energy transition reached a new record of USD 2.4 trillion in 2024 – a 20% increase from the average annual levels of 2022/23. About one-third was directed towa...