Renewables on pace to overtake coal as top power source by 2025
Renewables are set to overtake coal as the largest source of power generation globally by 2025, an international energy think tank said, especially as clean energy saw its fastest growth last year.
A report by the International Energy Agency (IEA) showed that global renewable energy capacity surged by a record high 50 percent to 510 gigawatts (GW) in 2023, with solar power accounting for 75 percent of new capacities worldwide.
This massive acceleration makes it possible for renewable energy in the world to expand to 7,300 GW by 2029, IEA said.
Renewables are set to overtake coal as the largest source of power generation globally by 2025, an international energy think tank said, especially as clean energy saw its fastest growth last year.
A report by the International Energy Agency (IEA) showed that global renewable energy capacity surged by a record high 50 percent to 510 gigawatts (GW) in 2023, with solar power accounting for 75 percent of new capacities worldwide.
This massive acceleration makes it possible for renewable energy in the world to expand to 7,300 GW by 2029, IEA said.Renewables are set to overtake coal as the largest source of power generation globally by 2025, an international energy think tank said, especially as clean energy saw its fastest growth last year.
A report by the International Energy Agency (IEA) showed that global renewable energy capacity surged by a record high 50 percent to 510 gigawatts (GW) in 2023, with solar power accounting for 75 percent of new capacities worldwide.
This massive acceleration makes it possible for renewable energy in the world to expand to 7,300 GW by 2029, IEA said.
Follow us:@inquirerdotnet on Twitter| inquirerdotnet on Facebook