Exciting news, updates from Belém and highlights from a year that pushed renewables forward

As we look back on 2025, a clear shift comes into view. What began as steady progress grew into clear acceleration. Record solar generation, renewables surpassing coal, and clean power outpacing global demand show what’s possible when action takes root. More recently, COP30 echoed this: action is materialising, promise is building, but deeper, faster scaling is essential to stay on course—and it leaves us asking what it will take to turn this year’s signals into the systemic shifts the future demands.

This final 2025 newsletter offers a snapshot of our network’s achievements in sustaining this shift this year, along with fresh milestones from Belém and beyond.

Once again, we want to thank all of our partners for their inspiring work. We look forward to working with you on an even more ambitious 2026 together.

Community spotlight

ReNew2030 receives transformative gift to accelerate the global power sector transition

We are thrilled to announce that ReNew2030 has been entrusted with a great responsibility by MacKenzie Scott via her foundation Yield Giving with an unrestricted gift. As one of several climate collaboratives receiving funding through this initiative, this generous support will empower ReNew2030 partners around the world to scale up their high-impact work—helping accelerate a faster, more equitable power sector transition to renewables.

We’re deeply grateful and humbled by this opportunity, which will deepen our engagement and scale impact across our priority regions.

Implementation at the centre of the transition

At COP30, we focused on how the power sector transition is being delivered on the ground. To showcase this shift, we convened two events: one on the urgent need for modern, interconnected grids that can carry rapidly growing renewable power, and another on how distributed renewables are scaling through community leadership, innovative finance, and measurable livelihood gains in Latin America and Asia.

We also joined 70+ initiatives in signing the Action Agenda letter, urging negotiators to stay ambitious and advance the collective efforts needed to turn proven solutions into sustained long-term action.

→ Read more about how ReNew2030’s projects are delivering renewable energy and improving livelihoods across China, Mexico, and Brazil

New coalition poised to supercharge Latin America’s clean energy future

Latin America’s renewable energy potential is vast, and now there’s a powerful new engine to help drive it. With support from our partners at the Pooled fund on International Energy (PIE), the Latin America Clean Energy Coalition (LACEC) was launched at COP30. It unites companies, developers, financiers, civil society and policymakers to unlock investment and accelerate solutionsfor affordable, accessible clean energy.

Starting in Brazil, Colombia and Mexico, LACEC aims to fill a critical gap and help accelerate renewable deployment in the region, contributing to the global effort to triple renewables by 2030.

→ Read more about this exciting new initiative

“To keep global climate goals within reach, we can’t simply restate ambition; we must accelerate deployment wherever it can make the biggest impact. That means every megawatt we can bring online faster, every policy we can unblock, every financing barrier we can remove, matters profoundly in keeping 1.5°C alive. The choice is simple: seize this tipping point, or risk watching it slip away.”

2025 Snapshot: From progress to scale

Turning data and stories into public momentum

This year, our network strengthened public understanding and support for renewable energy by expanding access to reliable information. We mobilised youth in Mexico, brought energy communities to life across Central and Eastern Europe through creative, community-rooted outreach, and launched the PowerTracker tool in South Africa, empowering journalists to advance a transparent, just transition to renewables—see how the tool is strengthening people-centred reporting in our latest video below.

Raising ambition through evidence and advocacy

We worked alongside partners to advance stronger government action, including Tara Climate Foundation, whose leadership helped accelerate offshore wind momentum across Asia and launch the Just Energy Transition Community, uniting philanthropy and local partners to scale people-first clean-energy solutions. In parallel, Instituto Clima e Sociedade developed an inclusive green-industrialisation training programme in Brazil to help shape industrial policies that strengthen a diverse and inclusive workforce.

Communities leading their energy future

We helped local partners drive people-centred organising that made the benefits of renewables tangible—from lower energy bills to cleaner air and more reliable power. This work spanned community-led energy solutions across Latin America, practical distributed renewable solutions in China, and a growing energy democracy movement in Europe, all strengthening public participation in the transition to cleaner, fairer power systems.

Unlocking capital for a fair transition

To drive investment at the scale needed, innovative financial mechanisms emerged in 2025. In Senegal, the African Climate Foundation launched the Renewable Energy and Energy Efficiency Fund, linking philanthropy, policy and private finance; and PIE introduced the Global Grids Catalyst, accelerating global grid modernisation where it’s most urgent. Together, these initiatives show finance shifting from intent to action.

Fresh initiatives, local impact and upcoming events in this quarter’s highlights.

The pace of the energy transition is accelerating, and this past quarter made that clearer than ever. As we look ahead to COP30, now just a few weeks away, it’s worth reflecting on the momentum sparked in New York Climate Week, and how it’s evolved since.

In New York, the signals were strong: new initiatives emerging, deeper collaboration taking shape, and a growing urgency to turn ambition into action. It was a chance to sit down with partners, realign on strategy, and draw momentum from a truly global movement. Conversations spanned power system modernisation and advancing blended finance – bold, urgent challenges but grounded in real opportunity.

This global energy was matched by local delivery. On the ground, our partners continued to deliver real-world change, showing what’s possible when vision is paired with action.

Scroll down to discover the breakthroughs driving the next phase of the transition, and what’s ahead at COP30.

Community spotlight

Inside NYCW: Turning grids ambition into action

What’s the missing link in the energy transition? The grid. That’s why, during the UN Energy Transition Solutions Dialogue in New York last month, a catalytic group of funders supported our partners at the Pooled fund on International Energy to launch the Global Grid Catalyst (GGC), a bold new philanthropic effort to accelerate grid expansion and modernisation worldwide.

With $50 million in initial capital and a goal to mobilise over $200 million annually, GGC will focus on driving technical assistance, strengthening local capacity, and fostering innovation to tackle grid bottlenecks. The initiative directly advances the COP29 pledge to deliver 25 million kilometres of grid infrastructure by 2030, with a strong focus on regions that need it most. Read more about it here.

Voices from China’s energy transition: Stories from the ground

Our partner The Energy Foundation is showcasing how distributed renewable energy is delivering real benefits across China – from lower energy costs to cleaner air for households, communities, and small businesses.

In a new feature, CEO & President Prof. Zou Ji, Programme Director Yong Ping Zhang, and local voices share how practical, people-focused solutions are shaping a just and effective energy transition, and the challenges that lie ahead as systems evolve. Watch the video here.

Igniting youth power: Turning climate vision into action in Mexico

For the second year, young changemakers across Mexico came together for Hackathon for Our Future: a transformative event empowering youth to drive a just energy transition.

This year’s edition focused on a critical next step: turning policy into practical solutions. Organised by Nuestro Futuro, A.C. and Práctica Lab, with support from Iniciativa Climática de México, along with Instituto de Desarrollo Energía y Ambiente, the event brought 50 young leaders to Mexico City to exchange ideas and experiences.

As a result, seven bold proposals emerged – spanning community engagement, entrepreneurship, and policy advocacy. Check out the energy in action here.

Creative outreach brings energy communities to life in Central and Eastern Europe

With support from our partner the European Climate Foundation, Greenpeace teams in Slovakia and Romania are combining digital and on-the-ground outreach to raise awareness about the benefits and challenges of energy communities. From lively summer festivals to door-to-door campaigns reaching over 1,300 apartment blocks, they’re meeting people where they are.

In Slovakia, a children’s book focused on energy community is set to launch ahead of Christmas. Meanwhile, in Romania, Slovenia, and beyond, digital campaigns linked to everything from extreme weather to political debates – amplified by influencers – are helping reach wider audiences.

This mix of storytelling, creativity, and local engagement is making energy communities more visible, relatable, and inspiring across Central and Eastern Europe.

1. African Climate Foundation: A Global South Approach to the Climate-Development Nexus | Project Syndicate →
2. Iniciativa Climática de México: President Sheinbaum: How to finance development and climate priorities in Mexico? | El Universal →
3. European Climate Foundation – European Environmental Bureau: Five ways renewables can keep villages alive | New Leaf →
4. Energy Foundation China: Asean’s renewable push needs inclusive economic models | South China Morning Post →
5. Tara Climate Foundation – Renewables First: Pakistan’s Solar Revolution Is Bringing Power to the People | Yale Environment 360 →

We are already more than halfway through 2025 and momentum for the renewable transition continues to build, with the sector setting new records.

From January to June, wind and solar generated roughly 9% of total global electricity – more than ever at this point in the calendar year.

This isn’t just a shift in technology, it’s a shift in the mindset of businesses. Despite political uncertainty, more than half of 1,477business leaders who responded to a recent poll plan to relocate their operations within 5 years to better access renewable sources. Their motivations are clear: greater energy security for their companies, lower bills, and higher profits.

Across our network, our partners are leading the way, bringing local solutions to the forefront of the global energy conversation. But as we approach COP30, we still have so much work ahead to ensure a fair transition.

Community spotlight

Asia’s Energy Future is Being Reshaped Through Collaborative Philanthropy

Asia consumes more than 50% of the world’s energy, but receives far less support than needed to shift toward clean power sources.

That’s why our partners at Tara Climate Foundation, together with leading philanthropies, have launched the Just Energy Transition (JET) Community at the recent Philanthropy Asia Summit. The JET Community is a platform designed to unite funders, clean energy experts, and local communities to accelerate clean energy solutions across Asia. Its goal is to drive a just and inclusive energy transition that reduces emissions, creates jobs, improves livelihoods, and builds healthier, more resilient communities.

By fostering collaboration and scaling impact, the JET Community aims to unlock one of the greatest opportunities of our time: a cleaner, fairer energy future for Asia.

Kraków Community Forum Sparks a Collective Vision for Europe’s Energy Future

180 participants from 42 countries gathered in Kraków for the European Energy Communities Forum, supported by our partner the European Climate Foundation.

Bringing together energy cooperatives, local authorities, NGOs, and citizen-led initiatives, the Forum advanced the growing movement for energy democracy across Europe. Together, attendees showcased the transformative power of community-led projects – lowering bills and building resilience locally, while accelerating the transition globally. The event concluded with the launch of the Forum Declaration – a unifying statement of the values, goals, and policy demands to accelerate Europe’s energy transition.

Investigative Reporting Is Powering Accountability in the Energy Transition

#PowerTrackeris a groundbreaking digital tool that tracks and maps renewable energy projects and coal-fired power stations scheduled for decommissioning across Southern Africa.

Developed by journalists for journalists at Oxpeckers Investigative Environmental Journalism, the tool is expanding its reach and impact with support from the African Climate Foundation’s New Economy Hub.

In the past year, Oxpeckers has used the platform to publish a series of hard-hitting investigations, from stories on community trusts and land rights to green technology innovation and the flow of critical minerals. These reports amplify the voices of communities at the front lines of the energy transition and ensure that equity, transparency, and accountability remain central to South Africa’s clean energy shift.

By putting powerful data tools in the hands of storytellers and researchers, #PowerTracker is helping ensure the energy transition is not just about infrastructure, but also fair. Explore the tool here and see how journalism is helping shape a fairer energy future.

The Surprising, Complex Story of Pakistan’s Solar Spring

Our partner Renewables First, has released a new report: “Leader of One or Leader of None – China’s Choice for Clean Over Coal in Pakistan.”

It examines the complex role China played in unlocking the rapid growth of renewable energy in Pakistan, and what lessons can be applied to other countries.

Soaring electricity prices and low-cost solar panels from China drove a solar boom, with imports surging to 39 GW, more than three-quarters of Pakistan’s entire installed generation capacity. This shift is displacing coal plants – quietly transforming rooftops, farms, and factory sheds in just five years.

ReNew2030 at TED Countdown Summit: Driving Global Climate Solutions from Nairobi

This past June, the ReNew2030 team joined in the TED Countdown Summit 2025 in Nairobi, Kenya – an invite-only gathering of global innovators, business leaders, scientists, policymakers, youth and activists, all committed to accelerating practical solutions to the climate crisis.

Hosted in Kenya, a clean energy leader with nearly 90% renewable electricity, the summit provided space to hear practical stories about implementing energy solutions on the ground.

A TED Talk from one of our partners, Sebastián Kind, was a highlight. Sebastiánshared how he helped transform Argentina into a global model for renewable energy growth. His talk offers key lessons on smart policy design, how to unlock investments, public-private cooperation, and visionary leadership, demonstrating his hands-on efforts – and tangible results in accelerating the energy transition in developing economies.

Read more about the Summit here and learn how these ideas can be adapted globally to power a cleaner, fairer future.

Update from The Global Clean Energy Network (GCEN)

The Global Clean Energy Network (GCEN) – a collection of organisations working to drive the scaling of wind and solar in a just and equitable way – gathered in early July to shape its shared agenda for the year ahead.

The network focused on how to fast-track iconic renewable energy zones, influence key global and regional decision-making spaces, and stay strategically ahead of fossil fuel development over the next decade.

A highlight of the meeting was the launch of the GCEN Global South Collective – a dedicated effort to centre the voices, needs, and leadership of the Global South in the renewable energy transition.

The road ahead is ambitious, but so is the power of this network. Together, GCEN is building momentum for a renewable energy future that works for everyone and leaves no region behind.

The momentum for renewable energy has never been stronger. In 2024, global clean energy investments exceeded $2 trillion for the first time – marking a major shift in how the world powers itself. At the forefront of this transformation are wind and solar, now the fastest-growing energy sources globally.

In the Global South, renewable energy adoption is accelerating at twice the pace of the Global North. This rapid progress underscores the potential for renewables to deliver affordable, reliable energy and unlock new opportunities in regions that have historically faced limited energy access.

As the impact of the climate crisis intensifies, the urgency to act becomes undeniable. With the next cycle of Nationally Determined Contributions (NDCs) set to be submitted ahead of COP30, we’re at a critical crossroads. The choices made now will determine whether we can stay on track to limit the global temperature rise to well below 1.5°C.

Despite political uncertainties, this moment offers us a unique opportunity to strengthen renewable energy commitments and expand access to sustainable power for all.

Let’s make 2025 count. Share this newsletter, start conversations, and be a part of the global push for a just, renewable future.

Community Spotlight

Clean energy is powering progress in remote Mexican communities

In northwestern Mexico, communities once left in the dark are now lighting the way with solar energy. Iniciativa Climática de México (ICM) and CERCA – Energía y Aire Limpios are working to bring affordable and sustainable electricity to areas long disconnected from the national energy grid.

Despite being off-grid, these regions have some of the highest solar potential in the country. In places like Puerto Chale and El Dátil, residents previously relied on expensive diesel generators that provided electricity for only five hours a day. While solar panel systems had been installed in the past, they proved unsustainable over time. This was due to high maintenance costs and a lack of capacity to operate them, which led to many solar panels being abandoned or sold.

To address this, ICM and CERCA supported the formation of energy cooperatives and partnered with local organisations to install solar-powered kiosks. These kiosks now provide reliable electricity for educational and social spaces.

Both communities have embraced solar energy as a cost-effective, low-maintenance option, recognising their ability to address local electricity shortages. This collaborative model highlights what’s possible when local solutions and clean technology come together. Their success is a reminder that renewable energy is not just about technology – it’s about people, resilience, and opportunity.

Shaping the future of South Korea’s offshore wind power

South Korea has taken a major step forward in accelerating its renewable energy transition with the Offshore Wind Power Promotion Act (OFW Act) – widely known as the “One Stop Shop Act”. This milestone simplifies the country’s complex permitting process for offshore wind development, unlocking faster development and investment.

Over the past four years, our partners have collaborated with local organisations to support public education efforts and share insights on challenges surrounding offshore wind permitting. These initiatives have helped raise awareness of the role streamlined processes can play in scaling clean energy.

The Act is expected to reduce project approval times by approximately eight months, helping South Korea progress toward its target of 40.7 GW of wind power by 2038.

Its successful implementation will be an important milestone in strengthening the country’s renewable energy landscape. Read more about the OFW Act here.

Highlights from Berlin Energy Transition Dialogue (BETD)

At the recent Berlin Energy Transition Dialogue, we hosted an event bringing together experts to discuss how best to shape narratives around the energy transition.

Through collaboration with our partners, the session helped us to understand what resonates with different audiences and how we can communicate the energy transition more effectively.

We found that the most engaging narratives involve on-the-ground change, compelling storytelling, and local success stories.

We’re excited to carry these learnings into our communications work, and want to thank all partners who participated in the event for helping us to build a stronger, more impactful clean energy narrative.

The future of grids infrastructure

Grids are the backbone of modern energy systems, but to power a clean energy future, they must be upgraded, expanded, and optimised. Without urgent upgrades, ageing infrastructure will slow renewable integration and strain electricity systems.

Philanthropy plays a key role in accelerating grid transformation – by bringing stakeholders together, de-risking innovative solutions, and pushing for smart, forward-looking policies.  Modernising grids isn’t just technical – it’s vital for a clean, resilient, and equitable energy transition.

Hear more from Ana Barillas, grids expert, at Aurora Energy Research, in this explainer video.

COP29 may now be behind us, but the momentum continues as we gear up to accelerate renewable energy ambitions for 2025. Our time in Baku highlighted a clear priority: aligning the x3 RES goal with finance by creating funding models that effectively mobilise capital and support the scale-up of clean energy solutions.

In this newsletter, dive into our reflections on COP29 and some of our project highlights from 2024.

Community Spotlight

Catalysing Renewable Energy Investment in Nigeria

The African Climate Foundation (ACF) and Konexa have launched Nigeria’s first private renewable electricity trading platform, a groundbreaking step towards clean energy.

Konexa will source renewable power from independent power producers and sell directly to private clients. Its first client, Nigeria Breweries PLC, is transitioning two facilities to 100% renewable energy, cutting 8,000+ tons of CO2 annually.

With ACF’s strategic support, they plan to unlock new investment opportunities and to scale this financing model – showcasing how early-stage funding and philanthropic support can catalyse large-scale private-sector investment. Read more about this project here.

The Great Solar Rush in Pakistan

Pakistan is witnessing an unprecedented surge in solar energy adoption, transforming its power sector and reshaping its energy landscape.

Over the past four years, the country imported $4.5 billion worth of solar panels, including 17 GW from China in 2023-2024 alone. Grid electricity demand fell by 10% in 2023 and is expected to decline further, with BNEF estimating that the country will install 10-15GW of solar this year alone, mainly on homes and factories. These trends underpin the growing impact of decentralised solar adoption!

The most striking development is the rise of off-grid solar, particularly in agriculture, where adoption is two to three times higher than net-metered systems. This shift away from diesel dependency signals a move toward energy self-sufficiency and resilience, fundamentally altering how Pakistan produces and consumes electricity.

With electricity tariffs soaring by 155% in just three years, solar power offers households and businesses a lifeline to reduce costs. For industries, particularly exporters, it provides a competitive edge and aligns with global sustainability standards.

Our partner Tara Climate Foundationhelped to lay the groundwork for this surge by supporting diverse partners to raise awareness about the opportunities of solar and contribute to discussions shaping policies that enabled the widespread and affordable access to panels – work which started several years prior to this solar boom taking off.

The rapid adoption of solar energy in Pakistan isn’t just an environmental milestone – it’s a reimagination of the nation’s energy economy. Read more about it in Tara Partner Renewables First’s report here.

Highlights from COP

Powering a Just and Resilient Future: Showcasing Global Leadership in Renewable Energy

Rebecca Collyer, Executive Director of ReNew2030, chaired the energy segment of the High-Level Climate Champions and Marrakech Partnership.

The session highlighted pioneering efforts by Mauritania, Colombia, and the UAE to integrate renewable energy with sustainable cooling solutions. It presented original data on grid modernisation, storage deployment, and climate-aligned investments, all contributing to transformative NDC implementation!

 ReNew2030’s COP29 event: Powering the Path to 1.5°C: Scaling Renewables with Community-Centered Solutions

At the Regional Climate Foundations Pavilion, we hosted an event highlighting transformative global initiatives with the potential to reshape the renewable landscape.

Our partners Saliem Fakir (African Climate Foundation), Prof Zou Ji (Energy Foundation China), and Luisa Sierra (Iniciativa Climática de México) shared scalable initiatives emphasising community engagement, infrastructure deployment, and financial mobilisation.

TeraMed’s Call to Action at We Don’t Have Time

ReNew2030 participated in an interview with We Don’t Have Time, where Deborah Ramalope and Hajar Khamlichi (PIE) highlighted key barriers to renewable energy adoption and the levers we’re deploying to overcome them.

They also discussed the TeraMed initiative ,which calls on governments to action around key priority areas, highlighting the opportunities of an accelerated and equitable energy transition in the Mediterranean for broader sustainable development and socio-economic benefits across the region and neighbouring areas.

“Cost is no longer the biggest barrier – the approach that ReNew2030 is taking is straightforward: we have identified key barriers, such as  insufficient government ambition, insufficient funding  and misinformation, and we deploy levers to address these barriers” – Deborah Ramalope, ReNew2030

“We brought together a multi stakeholder platform and developed the TeraMed initiative: a call for action to 1TW renewable energy capacity toward 2030 in the Mediterranean region” – Hajar Khamlichi, PIE

ReNew2030 has backed the TeraMed call for action, along with ministers from Italy, Spain, and Egypt, who joined us at COP to support this bold vision for a sustainable future!

The TeraMed region is an example of how an area with naturally abundant renewable resources can drive a new dynamic to power sustainable development and innovative climate solutions. Watch the whole interview here.

Solar’s Unstoppable Potential on TED Radio Hour

On Energy Day, Rebecca Collyer joined Manoush Zomorodi on TED Radio Hour to discuss how solar energy is driving the energy revolution and what challenges remain.

Highlighting initiatives, such as the Noor Ouarzazate Concentrated Solar Plant in Morocco, she explored how scaling solar, both utility and distributed, can unlock transformative climate solutions. Listen to the full episode here.

Conversations from COP

COP29 delivered mixed outcomes, with significant obstacles remaining.

Finance took centre stage at this year’s COP, as developing countries expressed concerns over insufficient funding and vague delivery mechanisms. The absence of inflation-adjusted commitments and limited public finance to de-risk investments further underscored these gaps. Most notably, the goal of tripling RE capacity by 2030 faces a substantial financial gap.  The $300 billion pledged falls far short of what’s needed. To move forward, innovative strategies are essential for attracting private capital and reducing investment costs in emerging and developing markets.

While COP facilitates global dialogue and consensus-building, real progress hinges on aligning climate goals with socio-economic development, particularly in developing nations. Initiatives like ReNew2030 illustrate how localised solutions can mobilise financial systems and drive tangible progress.

Looking ahead, accelerating the energy transition requires stronger governmental commitments in critical areas such as grid modernisation, expansion of storage solutions, and improved integration of renewables into energy systems. Establishing detailed and actionable strategies is crucial to closing the gap between ambition and implementation. This aligns with ReNew2030’s mission, which deploys strategic levers to raise ambition and mobilise financial systems for scaling renewable energy solutions.

Fresh from an exciting and thought-provoking New York Climate Week, our team is energised with valuable insights to drive climate action forward. It was a pleasure meeting many of you.

Looking ahead to COP29 – the finance COP – we’re more determined than ever to close the $5 trillion investment gap required by 2030 to stay on track for net zero.

We look forward to collaborating on meaningful climate solutions!

Community Spotlight

The push for a fair transition in Europe: Giving communities the power to control their energy

Our partner the European Climate Foundation (ECF), is supporting a network of organisations across Europe that advocate for and help build the conditions for local communities to develop their own renewable energy projects.

Community energy projects are giving citizens independence and control over their energy bills, while also forming strong ties in the community. The model is popular because it democratises the energy system and ensures that the benefits of the clean energy transition are felt locally, while enabling collective action against climate change.

Demand for localised energy is growing, with over 3,000 energy cooperatives now operating across Europe. Read more about ECF’s work on supporting this movement here.

Rural “Power Bank” as a Breakthrough to Store Renewable Energy in Shandong, China

By the end of 2023, China’s household distributed photovoltaic (DPV) capacity surpassed 100 GW, accounting for 25% of the nation’s photovoltaic generation. However, further growth faces challenges due to limited household consumption and grid bottlenecks.

Our partner, Energy Foundation China supported an innovative solution launched by Shandong Jianzhu University to expand DPV capacity in China: The project focuses on “rural power banks,” which are decentralised energy storage systems integrated into the power distribution network. In pilot projects in Shandong’s Hanjiayu and Yicheng villages, 120-kilowatt modular distributed energy storage systems were installed,  increasing the local grid’s capacity by 30% and generating an additional $7,000 in annual electricity revenue for the local community.

Looking ahead, large-scale deployment of decentralised energy storage could accelerate sustainable DPV development, enhancing efficient energy use and delivering financial benefits to rural communities across China.

Highlights from New York Climate Week

Watch our partners, the African Climate Foundation and Tara Climate Foundation, in the We Don’t Have Time livestream, discussing how ReNew2030 drives the 3x renewables target through new models of investment, development projects, and grassroots initiatives.

“Right now, there are so many barriers to renewable energy deployment around the world – the work we are doing is about removing policy and technical barriers, with the hope that it will lead to Gigawatt-scale deployment. What’s really exciting about ReNew2030 is that we’re doing this together” – Jamie Choi, CEO, Tara Climate Foundation

“We used to work in very fragmented ways, but now we can work with a more unified approach, taking a global perspective, with a strong local perspective – that’s the power of ReNew2030, we’ve never done that before.” – Saliem Fakir, Executive Director, African Climate Foundation

ReNew2030 is proud to have partnered with the Global Renewables Alliance (GRA) to host the first-ever Global Renewables Summit! For the first time, all stakeholders came together to discuss how to accelerate the global race to x3 renewable energy capacity – bringing together governments, the private sector, philanthropies, international organisations, and academia. Rebecca Collyer, Executive Director of ReNew2030 shared insights on strengthening resilient and diverse supply chains for renewable energy, especially on how a clean energy economy must go hand-in-hand with creating high-quality jobs:

“Renewable energy jobs make up a fast-growing segment,  philanthropy is committed to working with the industry on creating the next generation of skills and talents.” – Rebecca Collyer, Executive Director of ReNew2030

At the speeding up grid deployment and renewables integration event, Deborah Ramalope, Director of ReNew2030, engaged with partners, including Green Grids Initiative and Planning for Climate Coalition, on the critical challenge of expanding grid capacity.

“Setting a global grid target will create a unified global vision, unlock cross-border electricity networks, and  send a signal to the markets.” – Deborah Ramalope, Director of ReNew2030

The RIPLE initiative

ReNew2030’s opinion piece in the Financial Times’ Sustainable Views, highlighted the power of philanthropy in unlocking renewable energy projects, with a spotlight on  the Renewables Investment Platform for Limitless Energy(RIPLE) initiative.

This $500 million initiative, if successfully implemented, could inspire funding mechanisms that may be adaptable in other regions.

Community spotlight

Transforming the development of renewable energy in Africa

The Renewables Investment Platform for Limitless Energy (RIPLE) was launched in February in Nigeria, as a $500 million initiative, to expand energy access, focusing on the entire value chain.

A first pilot project, the Tokarawa Industrial Hub in Kano State, involves setting up a generation and distribution system to meet 70MW of unsuppressed energy demands in an area covering about 9,000 connections. The African Climate Foundation facilitated investments in the initiative, along with the Nigerian Sovereign Investment Authority.

Young Mexicans are shaping the future of public policy on the energy transition

For the Hackatón X Nuestro Futuro over 40 young people from across the country gathered in Mexico City and teamed up in 8 groups to devise public policy proposals focusing on the energy transition to renewables in Mexico. Post-Hackatón activities are currently taking place to maintain the momentum with youths, including mentoring and training, the creation of sub-national youth groups, public advocacy, and communication campaigns in favour of renewable energies.

An impactful initiative supported by Iniciativa Climática de México. Philanthropies are backing youth mobilisation, and we will continue to drive youth engagement to ensure they remain at the forefront of this crucial transition.

Public-private-philanthropic partnership fostering the development of offshore wind in the Philippines

In the Philippines, the Tara Climate Foundation has showcased an excellent public-private-philanthropic partnership through the first-ever offshore wind master plan feasibility study, which aimed to identify sites suitable for the development of wind farms in the Philippines.

This partnership helped generate a detailed assessment of various sites with wind resource potential, with project partners committing to make the data available for other stakeholders who are keen on advancing offshore wind development in the Philippines. The philanthropic funding from Tara helped to crowd in funding from public and private sectors to make this initiative a reality, and facilitated shared learnings to advance existing research on offshore wind power and improve the resilience of the national power grid.

Upcoming events and opportunities to engage

• We look forward to engaging with you during the New York Climate Week in September, where we will join our grantees and partners at the Global Renewables Summit.
• Still in the making, a ReNew2030 event will be held in the Regional Climate Foundation pavilion at COP29, where we will showcase partners’ success stories!