Chart: Clean energy dominated global power construction in 2024

Dan McCarthy | Source: Canary Media | Posted 05/05/2025

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More than 90% of the new energy capacity built worldwide last year was clean, per data from the International Renewable Energy Agency (IRENA). That’s a new high watermark for solar, wind, and other renewable energy resources.

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In 2024, clean energy sources accounted for over 90% of new global power construction, marking a significant milestone in the transition to renewable energy. According to the International Renewable Energy Agency (IRENA), more than 585 gigawatts of clean energy were added, predominantly from solar power. This trend reflects a broader shift away from fossil fuels, with renewables consistently making up more than half of new energy generation since 2012. Overall, renewable resources produced around 32% of global electricity, reaching a record-high of 40% when including nuclear energy.

Despite the growth in clean energy, emissions from the power sector increased by 1.7% in 2024, driven by rising demand and continued reliance on fossil fuels. Countries like China and India, where coal remains a major electricity source, contribute significantly to this issue. While the U.S. has seen a decline in power sector emissions due to the adoption of cheaper natural gas and renewables, the overall pace of the transition to clean energy is still too slow to effectively combat climate change. The challenge lies in meeting increasing power demands while accelerating the shift away from fossil fuels.

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Source Link: https://www.canarymedia.com/articles/clean-energy/renewables-global-power-construction-2024

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Chart: Clean energy dominated global power construction in 2024

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