{"id":28969,"date":"2024-04-02T18:26:41","date_gmt":"2024-04-02T18:26:41","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-renewable-energy-capacity-up-52-in-5-years"},"modified":"2024-04-02T19:16:28","modified_gmt":"2024-04-02T19:16:28","slug":"global-renewable-energy-capacity-up-52-in-5-years","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/global-renewable-energy-capacity-up-52-in-5-years","title":{"rendered":"Global renewable energy capacity up 52% in 5 years"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>The capacity of renewable energy projects reached 3,869 gigawatts last year, an increase of 52% over the last five years, the latest data from the International Renewable Energy Agency’s Renewable Capacity Statistics 2024 report reveals.<\/p>\n

The rise in renewable capacity was fueled by the growing trend toward clean energy sources worldwide as countries aim to distance themselves from environmentally harmful fossil fuels.<\/p>\n

The share of renewable energy in electricity capacity reached 43.2% last year, rising by 8.6% compared to 2019.<\/p>\n

Solar shows biggest growth<\/b><\/p>\n

Between 2019 and 2023, solar power plants experienced the biggest increase among renewable energy sources.<\/p>\n

In the last five years, installed solar capacity rose by 138.5% to 1,419 gigawatts, followed by wind power plants, which recorded a 63.5% rise from 2019 levels. The total installed power of global wind power plants reached 1,017 gigawatts last year.<\/p>\n

Biomass power plants increased their capacity by 20% from 2019 to 2023, reaching 150 gigawatts, while geothermal power plants hit 15 gigawatts last year, up by 7.1% from 2019.<\/p>\n

The capacity of hydroelectric power plants in 2023 increased by 6.4% over the five-year period, reaching 1,268 gigawatts.<\/p>\n

The source with the smallest change in terms of installed capacity was marine energy. This source, which encompasses electricity produced from waves, tidal events, and sea winds, saw a marginal growth rate of 0.2%. Half of the marine energy projects with 527 megawatts of installed capacity are located in Asia, and 45% are in Europe.<\/p>\n

– Largest renewable capacity growth in Asia<\/p>\n

The biggest growth in renewable energy capacity was seen in Asia at 74%, followed by Oceania countries at 56% and European countries at 37%.<\/p>\n

Over the same period, renewable capacity grew by 36% in North America and by 29% in South America, while capacity growth was registered in Africa at 23%.<\/p>\n

In the last five years, total off-grid renewable energy capacity has increased by 36% to 12,754 megawatts.<\/p>\n

Source: Anadolu Ajans\u0131<\/b><\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. The capacity of renewable energy projects reached 3,869 gigawatts last year, an increase of 52% over the last five years, the latest data from the International Renewable Energy Agency’s Renewable Capacity Statistics 2024 report reveals. 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