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Siemens Energy and IRENA sign partnership agreement

UAE, Dubai: Siemens Energy and the International Renewable Energy Agency (IRENA) have signed a sustainable energy partnership agreement.

The agreement is aimed at advancing the global energy transition based on renewable energy, in support of sustainable development goals and climate action.

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.

“Partnerships are the cornerstone of global efforts to achieve the sustainable development goals and key to the rapid acceleration of the global energy transition. This public-private initiative is representative of a shared a vision for a low-carbon energy future and of a joint commitment to meaningful action,” said Francesco La Camera, Director-General of IRENA.

 

Source: Siemens Energy

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