To further expand clean energy resources worldwide, Saudi utility firm ACWA Power has partnered with the International Renewable Energy Agency (IRENA). They will collaborate to share insights on infrastructure investment in renewable energy, green hydrogen advancement, solar energy, smart grids, and the intersection of energy and water, as noted by the press statement.

Both organizations will mobilize finance and investment for renewable energy projects and support infrastructure for the development, storage, distribution, transmission, and consumption of renewables. 

Through IRENA’s platforms and programs, collaborative workshops and seminars will also be arranged to exchange best practices, enhance skills, and promote awareness of the energy transition among youth, professionals, and the public.

“By combining our strengths and resources, we are prepared to drive meaningful change and accelerate the transition to renewable energy on a global scale,” said ACWA Power CEO Marco Arcelli.

“We have less than a decade left to secure a fighting chance for a 1.5 degrees Celcius world. Accelerating the renewable-based energy transition needs industry leaders, and this deal between IRENA and ACWA Power stands for the growing commitment of global industry to act on decarbonization,” said IRENA Director-General Francesco La Camera.

He added, “We need to act together to accelerate the sustainable use of renewables and green hydrogen worldwide.”