Renewable Capacity Statistics 2025
London, March 26, 2025, (Oilandgaspress) –– IRENA’s 2025 edition of the annual Renewable Capacity Statistics shows a massive increase in renewable power capacity during 2024. With 585 GW of capacity additions, renewables accounted for over 90% of total power expansion globally in 2024.
Solar and wind energy continued to expand the most, jointly accounting for 96.6% of all net renewable additions in 2024. Over three-quarters of the capacity expansion was in solar energy which increased by 32.2%, reaching 1 865 GW, followed by wind energy which grew by 11.1%.
The large net decommissioning of non-renewable power in some regions has contributed to the upward trend of renewables capacity. However, more needs to be done to reach the goal of tripling renewables capacity by 2030 and the Paris Agreement. Over the past few years, IRENA has been pressing for clear, quantifiable renewable capacity targets in NDCs 3.0. To this end, the Agency has been assisting in the enhancement and implementation of its members’ NDCs with a focus on the energy sector through its country engagement.
