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Despite massive capacity additions, wind and solar curtailment rates have remained stubbornly high in northwestern China. Moreover, reliance on fossil fuel-based backup capacity
Purchases included solar, wind and battery storage, as well as growing demand for clean firm power sources such as nuclear, hydro, geothermal and gas with carbon capture.
Out of all renewable electricity generated in 2023 in the G20 countries, 43.9% was from hydropower, 28.5% from wind energy, 19.6% from solar energy, and 7.1% from bioenergy and a small proportion
Integrating wind power with energy storage technologies is crucial for frequency regulation in modern power systems, ensuring the reliable and cost-effective operation of power
Insights Insights Access the latest perspectives on the energy transition from BNEF experts through our comprehensive range of research reports and analysis, each
Comprehensive renewable energy statistics covering global solar, wind, hydro, and geothermal capacity, growth rates, investment data, and cost
The IEA''s flagship World Energy Outlook, published every year, is the most authoritative global source of energy analysis and projections. It identifies and
Factor This™ is your premier source for green energy and storage news. Learn the latest in solar, wind, bio, and geothermal energy.
Includes hydropower, solar, wind, geothermal, biomass and ethanol. Uranium fuel, nuclear reactors, generation, spent fuel. Comprehensive data summaries, comparisons, analysis, and projections
We explore the data to see where the clean energy transition stands today, from rising investment and job growth to grid needs and critical mineral demand.
Solar PV accounted for more than three-quarters of new renewable capacity additions worldwide, followed by wind (20%). The remaining share was made up by hydropower, bioenergy, geothermal,
In 2025, solar and wind dominated global energy growth, delivering around six times more new capacity than all other power sources combined and supplying nearly all new electricity
We expect the combined share of generation from solar power and wind power to rise from about 18% in 2025 to about 21% in 2027. In our STEO forecast, utility-scale solar is the fastest
Solar PV accounts for almost 80% of the global increase, followed by wind, hydropower, bioenergy and geothermal. In more than 80% of countries
China also achieved its 2030 wind and solar capacity target in 2024, six years ahead of schedule. While renewable installations are set to continue, investment growth
Technology costs for battery storage continue to drop quickly, largely owing to the rapid scale-up of battery manufacturing for electric vehicles,
This marked the 23rd consecutive year that renewables set new expansion records. Solar PV accounted for more than three-quarters of new renewable capacity additions worldwide, followed by wind (20%).
Based on this insight and on observed growth trajectories in early adopting countries, we develop a probabilistic model (PROLONG) for projecting global wind and solar power deployment.
Battery storage, recently the key flexible resource to come online, allows some renewable energy to be stored and used 4-8 hours later in the day. Batteries can charge using
The integration of variable renewable energy (VRE), such as wind and solar, can be categorised into a six-phase framework, which can be used to
Hydroelectricity, or hydroelectric power, is electricity generated from hydropower. Hydropower supplies 15% of the world''s electricity, almost 4,210 TWh in 2023,
In the five-year period from 2018 to 2023, global renewable energy capacity expanded at a compound annual growth rate (CAGR) of 10.4%. If this historical trend were to continue, it would result in 8.0
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