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Adnan Z Amin, Director General of the International Renewable Energy Agency (IRENA), has said that the cost of renewables has come down so much that there is now a viable business case to take renewables to poorer regions of the world.

He said that the technology is improving and we think we are going to be able to address the access (to renewables) issue in light of the sustainable development goals. “Providing universal access by 2030, I think we are on track for that,” he said.

Cost of technology

Amin was speaking to Al Arabiya English on the sidelines of the World Government Summit in Dubai, “This is already happening everywhere,” he said.

“The cost of technology has come down tremendously in the last decade and we have seen models of investment in renewables around the world that have brought the cost of power generation from renewables lower than the cost of conventional in more and more markets,” said Adnan Z Amin.