Renewable energy accounted for almost three quarters of new power capacity in 2019
Renewable energy capacity accounted for almost three quarters, 72 per cent, of new installed global power capacity in 2019, according to the latest data from the International Renewable Energy Agency (Irena)
Renewable energy capacity accounted for almost three quarters, 72 per cent, of new installed global power capacity in 2019, according to the latest data from the International Renewable Energy Agency (Irena).
According to the ‘Renewable Capacity Statistics 2020’, the total installed capacity of renewable energy increased by 7.6 per cent in 2019, with 176GW of new clean energy capacity installed during the year. While the proportion of new renewable energy from capacity additions increased, the total installed capacity of clean energy sources was less than the 179GW commissioned in 2018.
The new installed renewable energy capacity increased the clean energy share of all power capacity to 34.7 per cent, up from 33.3 per cent by the end of 2018, according to the report. About 54 per cent of the total installed renewable capacity was in Asia.
When analysing the proportion of renewable energy of total new capacity by region, renewables accounted for at least 70 per cent of new capacity additions in all regions apart from Africa and the Middle East, where renewable energy accounted for 52 per cent and 26 per cent respectively of new capacity installed.
However, while the Middle East had a smaller proportion of renewable capacity additions out of the total, the 2.5GW of clean energy capacity commissioned in 2019 represented a 12.5 per cent growth on 2018.
Solar and wind energy accounted for 90 per cent of new global renewable energy capacity in 2019, with the technologies accounting for 98GW and 58GW of new capacity respectively. By the end of 2019, the new additions brought the total capacity of installed wind and solar to 623GW and 586GW respectively.
Register for Middle East Energy 2022
Guiding you through the energy transition.
Discover thousands of solutions to supply power today and embrace renewable and clean energy evolution over the next 40 years. Register now for free to attend Middle East Energy 2022 from 7-9 March 2022 at Dubai World Trade Centre and join over 800 exhibitors showcasing the latest products and innovations that enable you to deliver cleaner energy and supply sustainable power.
Market Outlook Reports
Find out the biggest challenges facing different regions and what technologies will have the biggest impact on the energy industry and businesses across the world.