Renewable Capacity Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows a massive increase in renewable power capacity during 2024, reaching 4 448 gigawatts (GW). The 585 GW addition last year indicates a 92.5% share of the total capacity expansion, and a record rate of annual growth (15.1%).
I commented this in a related post, but according to the IEA, in 2024 renewables accounted for 38% of new energy generation, and 32% of new electricity generation. That’s a big discrepancy from the 90% cited in this report, which refers to "renewable power capacity,"defined as:
Not quite sure why that difference in definition leads to such different figures.