Global renewable power capacity falls short of targets despite record growth last year, says IRENA

Global renewable power capacity falls short of targets despite record growth last year, says IRENA

The Star Online - Business·2025-03-26 19:05

BERLIN: Global renewable energy capacity registered record growth in 2024 but progress is still falling short of the 2030 renewable capacity target, a report by the International Renewable Energy Agency (IRENA) showed on Wednesday.

About 92.5% of energy capacity added in 2024 came from renewables, at 585 gigawatts (GW), marking record annual growth of 15.1% and lifting total renewables capacity to 4,448 GW.

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