
Record-breaking growth in renewable power capacity
Renewable capacity statistics 2025 released by the International Renewable Energy Agency (IRENA) shows a massive increase in renewable power capacity during 2024, reaching 4,448 gigawatts (GW). The 585 GW addition last year indicates that renewables claimed a 92.5% share of the total capacity expansion in power generation, and a record rate of annual growth (15.1%). Even so, progress still falls just short of the 16.6% growth needed to be producing 11.2 terawatts of energy by 2030. Progress also reflects significant geographic disparities. As in previous years, most of the increase occurred in Asia, with the greatest share being contributed by China- almost 64% of the global added capacity. G7 and G20 countries respectively accounted for 14.3% and 90.3% of new capacity in 2024.