Renewable generation capacity grows by nearly 10% globally in 2022: IRENA

Current renewable capacity stood at 3,372GW.

The renewable generation capacity across the globe grew by 9.6% to 3,372 gigawatts in 2022, the International Renewable Energy Agency (IRENA) reported.

This is equivalent to an additional 295GW of renewable generation capacity.

“This continued record growth shows the resilience of renewable energy amidst the lingering energy crisis”, IRENA’s Director-General Francesco La Camera said.

“The strong business case of renewables coupled with enabling policies has sustained an upward trend of their share in the global energy mix year on year. But annual additions of renewable power capacity must grow three times the current level by 2030, if we want to stay on a pathway limiting global warming to 1.5°C.”

Amongst the leading markets is Asia which contributed a total of 1.63 terawatts of renewable capacity, largely driven by China (141GW).

It is followed by Europe and North America, where renewable capacity grew by 57.3GW and 29.1GW, respectively.

Follow the link for more news on

International Renewable Energy Agency

Also Read

MGen’s $4b Terra Solar plant to aid Philippine RE transition

What is the future of gas in Australia's energy market?

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit