· Advancing the global energy transition based on renewable energy
· Supporting sustainable development goals and climate action
By : Saber Mohamed
Siemens Energy and the International Renewable Energy Agency (IRENA) have signed a partnership agreement aimed at advancing the global energy transition based on renewable energy, in support of sustainable development goals and climate action.
Under the agreement, the organizations will cooperate, facilitate, and strengthen collaboration in areas to advance the global energy transition based on renewable energy.
The wide-ranging scope of collaboration extends to a variety of opportunities including roadmap development prioritizing communities and regions presently lacking access to modern energy, developing the business case for green hydrogen fuel as a major contributor for the energy transition, jointly supporting decarbonization efforts for heat generation and industrial processes, including hard to abate industries like cement, steel and petrochemicals, and facilitating private sector investment in the renewable energy sector.
“This partnership leverages and amplifies both of our organization’s strengths to accelerate the energy transition. Action to tackle climate change is a global imperative.
Our best chance of success is through strong partnerships with dedicated organizations. We believe that innovative technologies are the key to combating climate change. The energy transition is a considerable challenge which requires great change, but offers significant potential,” said Christian Bruch, CEO of Siemens Energy.