In 2024, the new additions to renewable electrical capacity in the world reached 741 GW, with China as an undeniable leader in the energy transition career. As shown by the new study of the Ren21 organization, only in that year, 60% of additions to global renewable capacity (445 GW) were of projects in Chinese territory. Another country with important additions to renewable capacity was India, which in 2024 added 36 GW, representing 5% of the total. Consequently, the Asia and the Pacific region was crowned, as well as the leader in new renewable capacity with three quarters of global capacity. Europe followed him as the second most influential region in that area with 12% of global additions.
Of the 741 GW of renewable electrical capacity installed in the world in 2024, around 81% came from photovoltaic solar energy, followed by wind energy sources with 16% of the total additions. Considering the installed renewable electricity accumulated during all years, it was recorded that, until 2024, the total renewable capacity is 4.770 GW. If it is intended to reach the ambitious goal of having 11,000 GW installed in 2030, around 1,040 GW of renewable capacity per year would be needed. This would represent an acceleration never seen in the renewable energy industry of 2025 towards the end of the decade, with a necessary increase of almost 40% in the additions reported last year.