Renewables Jobs Slowdown

12 Jan Renewables Jobs Slowdown

(Oilandgaspress) Jobs in renewable energy sector only increased by 2.3% from 2023, reaching 16.6 million in 2024. The newly released Renewable Energy and Jobs – Annual Review 2025 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO) highlights the increasing impact of geopolitical and geoeconomic frictions, as well as growing automation, to the renewable energy workforce.

As in previous years, uneven development continues across the world. China remains the preeminent force in both deployment of generating capacities and equipment manufacturing, mainly due to its integrated, large-scale supply chains that deliver equipment at unmatched prices.

In 2024, China created an estimated 7.3 million renewable energy jobs, or 44% of the global total. The EU followed suit with the same total as in 2023 at 1.8 million jobs. Brazil’s renewables employment runs to 1.4 million, while India’s and the United States’ barely grew from around 1 million to 1.3 million and 1.1 million, respectively.

Liquid biofuels follow after solar PV, creating 2.6 million jobs in 2024 with 46.5% of the total jobs generated in Asia. Hydropower came in third place with 2.3 million jobs, and wind follows with 1.9 million jobs. Beyond the numbers, this edition of the annual report underscores the need for more inclusion and equity in the renewable energy workforce. 

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