Global renewables capacity grew by 10% last year

Alina Oprea
Global renewable energy capacity grew by 9.6% last year but needs to grow by three times the current rate to limit global warming, according to the International Renewable Energy Agency (IRENA). IRENA's annual report on renewable energy statistics said global renewable energy capacity amounted to 3,372 gigawatts (GW) at the end of last year, some 295 GW or 9.6% higher than the previous year.

Some 83% of all new power capacity last year was from renewables.

"This continued record growth shows the resilience of renewable energy amidst the lingering energy crisis. 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 1.5C", IRENA's Director General Francesco La Camera said.

Solar and wind energy dominated the renewable capacity expansion, jointly accounting for 90% of all net renewable additions in 2022, the report said.

Almost half of the new capacity was added in Asia. China was the largest contributor, adding 141 GW to Asia's new capacity.

Renewables in Europe and North America grew by 57.3 GW and 29.1 GW respectively, while the Middle East recorded its highest increase in renewables on record, with 3.2 GW of new capacity commissioned in 2022, an increase of 12.8% from the previous year.

RECOMMENDED
WPD to build wind farm in Iasi County
Energy

WPD to build wind farm in Iasi County

WPD, a developer of wind projects in Europe, intends to build a wind farm in Iași County, according to data from the national energy carrier, Transelectrica.

Metigla installs PV panels on roof of Ceptura factory
Energy

Metigla installs PV panels on roof of Ceptura factory

Metigla, the company that offers complete solutions for metal coverings and closures, has installed photovoltaic panels on the roof of the Ceptura factory and is reducing its energy consumption from the grid by 70%.

E.ON complets new PV plant for Printmasters
Energy

E.ON complets new PV plant for Printmasters

E.ON Energie Romania has completed the construction and installation of a photovoltaic energy generation system for the Printmasters company, from Maramureş County, as part of a partnership concluded this year.

RECOMMENDED FROM THE HOME PAGE
Sustainability moves from ambition to action
Real estate

Sustainability moves from ambition to action

Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.

Energy

DSV boosts energy self-sufficiency with solar power

DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.

Energy

Etem Gestamp signs cross-border wind power deal with Rezolv

Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.

Energy

Microsoft hits 100% renewable energy target five years early

Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.

READ MORE
Green Forum  |  14 April, 2026 at 8:46 AM
Green Forum  |  31 March, 2026 at 10:44 AM