Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Exclusive-Renewables grew to almost 50% of global electricity capacity in 2025 after solar boost
    Finance

    Exclusive-Renewables Grew to Almost 50% of Global Electricity Capacity in 2025 After Solar Boost

    Published by Global Banking & Finance Review®

    Posted on March 31, 2026

    3 min read

    Last updated: March 31, 2026

    Add as preferred source on Google
    Exclusive-Renewables grew to almost 50% of global electricity capacity in 2025 after solar boost - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceMarketsrenewable energyinvestmentsustainability

    Quick Summary

    Renewables climbed to 49.4% of global electricity capacity in 2025, driven by a record 511 GW solar expansion, reaching 5 149 GW total capacity, bolstering energy security amid Middle East disruptions.

    Table of Contents

    • Global Surge in Renewable Energy Capacity
    • Energy Security and Market Impacts
    • Solar Power Leads the Charge
    • Solar Surge is Biggest Contributor
    • Progress Toward Climate Goals
    • Growth Rates and Other Renewable Sources
    • Annual Growth Rate Trends
    • Wind Energy and Capacity Factors
    • Wind Installations
    • Understanding Capacity
    • Renewables Overtake Coal in Electricity Generation

    Renewables Near 50% of Global Electricity Capacity After Major Solar Boost

    Global Surge in Renewable Energy Capacity

    By Susanna Twidale

    LONDON, March 31 (Reuters) - Renewable power made up almost 50% of the world’s electricity capacity last year after a record increase in solar installations, data from the International Renewable Energy Agency shared exclusively with Reuters showed on Tuesday.

    As the Middle Eastern conflict has led to record monthly gains on oil markets, some in industry have lobbied for more investment in fossil fuels, but countries with higher renewable capacity have been insulated from the market shock, some analysts say.

    Energy Security and Market Impacts

    “The Middle East crisis has, in some ways confirmed dramatically energy security is not something we can be sure of with fossil fuels,” IRENA Director-General Francesco La Camera told Reuters.

    Global renewable power capacity reached a record 5,149 gigawatts at the end of 2025, up 692 GW from 2024, the data showed.

    Solar Power Leads the Charge

    Solar Surge is Biggest Contributor

    SOLAR SURGE IS BIGGEST CONTRIBUTOR

    The growth was led by a leap in solar capacity. which grew by 511 GW in 2025 to 2,392 GW, confirming its position as the world's largest renewable source.

    The figures are far greater than the 116 GW growth in fossil fuel power capacity and took the share of renewables in global electricity capacity to 49.4% in 2025, up from 46.3% the year before, the data showed.

    Progress Toward Climate Goals

    More than 100 countries at the COP28 climate summit in Dubai in 2023 agreed to triple renewable energy capacity by 2030 as part of efforts to meet global climate targets and La Camera said last year's additions mean the sector is closer to reaching the target.

    "This 700 gigawatts means that we may be quite close in 2030 to the tripling target, not exactly the triple, but very close to it,” he said.

    Growth Rates and Other Renewable Sources

    Annual Growth Rate Trends

    The data shows the annual growth rate in renewable capacity in 2025 rose to 15.5% compared with a growth rate of around 15.1% in 2024.

    Renewable groups last year said meeting the target by 2030 would require annual growth of 16.6% from 2025-2030.

    Wind Energy and Capacity Factors

    Wind Installations

    New wind energy installations were 159 GW, taking the total installed capacity to 1,291 GW. 

    Understanding Capacity

    Capacity is a measure of the amount of power plants are able to produce but they often generate less than capacity if they are taken offline for reasons such as maintenance or refuelling, or in the case of renewables during low wind and sun periods.

    Renewables Overtake Coal in Electricity Generation

    Data from think tank Ember last year showed renewable energy sources generated more electricity than coal globally for the first time in the first half of 2025. In all, renewables provided 34% of global electricity.

    It has yet to publish its full-year data for 2025.

    (Reporting by Susanna Twidale; editing by Barbara Lewis)

    Key Takeaways

    • •Renewables now account for nearly half of global power capacity (49.4%) after a 692 GW increase in 2025, led by solar’s 511 GW surge (to 2 392 GW) and wind’s 159 GW addition.
    • •Ember data show renewables generated more electricity than coal globally during H1 2025—renewables supplied ~34 % versus coal’s ~33 % share, marking a historic shift.
    • •Rapid growth puts the world close to tripling renewable capacity by 2030 per COP28 goals, yet sustaining ~16.6 % annual growth is required to meet the target.

    Frequently Asked Questions about Exclusive-Renewables grew to almost 50% of global electricity capacity in 2025 after solar boost

    1What percentage of global electricity capacity did renewables reach in 2025?

    Renewables reached 49.4% of global electricity capacity in 2025, up from 46.3% in 2024.

    2Which renewable source contributed the most to capacity growth in 2025?

    Solar power contributed the most, increasing by 511 GW to reach a total of 2,392 GW.

    3How did renewable growth compare to fossil fuel capacity during 2025?

    Renewable power capacity grew by 692 GW, far outpacing the 116 GW growth in fossil fuel capacity.

    4What was the global target for renewable energy capacity by 2030?

    More than 100 countries agreed to triple renewable energy capacity by 2030 at the COP28 summit.

    5Did renewable energy generate more electricity than coal in 2025?

    During the first half of 2025, renewables generated more electricity than coal globally for the first time.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostFrance "surprised" by Trump's Criticism on Banning U.S. Military Flights
    Next Finance PostLilly Seals up to $7.8 Billion Deal for Centessa in Sleep Disorder Bet
    More from Finance

    Explore more articles in the Finance category

    Image for Submit Your Nominations: Best Islamic Project Finance Bank 2026
    Submit Your Nominations: Best Islamic Project Finance Bank 2026
    Image for Nominations Open for Best Management Team 2026 – Islamic Banking
    Nominations Open for Best Management Team 2026 – Islamic Banking
    Image for UBS CEO vows to stay in the job until at least April 2027
    UBS CEO Vows to Stay in the Job Until at Least April 2027
    Image for Monzo to close US business to focus on UK and Europe
    Monzo to Close US Business to Focus on UK and Europe
    Image for OMV plastics giant will greatly boost profits, CEO says
    Omv Plastics Giant Will Greatly Boost Profits, CEO Says
    Image for Japan, France to ink rare-earths deal, Nikkei reports
    Japan, France to Ink Rare-Earths Deal, Nikkei Reports
    Image for German automaker Mercedes-Benz to invest $4 billion in Alabama SUV plant
    German Automaker Mercedes-Benz to Invest $4 Billion in Alabama Suv Plant
    Image for Analysis-Unilever and McCormick investors find $65 billion food deal hard to swallow
    Analysis-Unilever and McCormick Investors Find $65 Billion Food Deal Hard to Swallow
    Image for Ruling in Prince Harry case against Daily Mail will take some time, UK judge says
    Ruling in Prince Harry Case Against Daily Mail Will Take Some Time, UK Judge Says
    Image for Savannah speeds up Portugal lithium project, sees longer lifespan
    Savannah Speeds up Portugal Lithium Project, Sees Longer Lifespan
    Image for France "surprised" by Trump's criticism on banning U.S. military flights
    France "surprised" by Trump's Criticism on Banning U.S. Military Flights
    Image for Lilly seals up to $7.8 billion deal for Centessa in sleep disorder bet
    Lilly Seals up to $7.8 Billion Deal for Centessa in Sleep Disorder Bet
    View All Finance Posts