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World's renewable energy capacity grew by 50% last year, will overtake coal in 2025

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IEA report says 50% growth last year keeps hope of achieving Cop28 climate target of tripling clean energy capacity


Great news.



Global renewable energy capacity grew by the fastest pace recorded in the last 20 years in 2023, which could put the world within reach of meeting a key climate target by the end of the decade, according to the International Energy Agency (IEA).


The world's renewable energy grew by 50% last year to 510 gigawatts (GW) in 2023, the 22nd year in a row that renewable capacity additions set a new record, according to figures from the IEA.



Record rates of growth across Europe, the US and Brazil have put renewables on track to overtake coal as the largest source of global electricity generation by early 2025, the IEA said. By 2028, it forecasts renewable energy sources will account for more than 42% of global electricity generation.


  • Sicko 1
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  • CitizenVectron changed the title to World's renewable energy capacity grew by 50% last year, will overtake coal in 2025

It is a big win, because shifting to alternatives creates momentum to entrench the research, manufacturing, and skilled labor associated with that change. The more alternatives take root, the cheaper they will become and the more expensive traditional energy sources will become. Tipping points, and all that. 

  • Halal 2
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