IRENA – Renewable Energy Benefits

The report by IRENA "Renewable Energy Benefits: Leveraging Local Capacity for Concentrated Solar Power" explores the socio-economic impacts of expanding concentrated solar power (CSP) capacity. The report highlights CSP’s potential to drive economic growth and job creation. It examines the distribution of labor across CSP value chains, emphasizing engineering, procurement, and construction sectors. The report notes the significant job growth potential, with CSP employing up to 767,000 people by 2050. It discusses the importance of strategic policies for local value creation, supporting community engagement, and fostering innovation to maximize socio-economic benefits from CSP deployment.