7 Affordable and Clean Energy

Date plus in global renewable energy capacity Tags

Date plus in global renewable energy capacity Tags
7 13

International Renewable Energy Agency (IRENA) announced the increase of 2023 renewable energy capacity. Accordingly, this increase represents 86 percent of the overall increase in energy capacity. Solar energy was 24 percent of the contribution of wind energy, while considering a share of 73 percent in this growth. This increase in renewable energy capacity is more pronounced, especially in China, with an alternative to fossil fuels such as solar and wind energy investments coal and natural gas. China became the country that provides maximum capacity increase with 297,6 gigavat. G7 countries (USA, Canada, Germany, UK, France, Italy and Japan), increased its renewable energy capacity by 7,6 percent by 69,4 gigavat installed power. By the way, among the G20 countries, Turkey, Argentina, Australia, Brazil and Canada have reached a total of 3085 gigavat installed power with an increase of 15 percent compared to the previous year.

has critical importance in the fight against change]
The environmental importance of renewable energy investments is great. In the fight against climate change and build a sustainable future, investments on clean energy sources such as solar and wind will replace fossil fuels play a critical role. In this regard, it stands out especially because of solar and wind energy, low carbon emissions and renewables. Francesco La Camera, Director of IRENA, marked that the outstanding increase in renewable energy capacity is compatible with the objectives of the Paris Agreement, stressed the necessity of inclusion in the system of the additional capacity of 7,2 in the next seven years. This is a critical step to achieve the goal of keeping global warming under 1.5 degrees Celsius. Increasing investments to renewable energy, promoting technological innovation and increasing energy efficiency, key factors in achieving these goals. At the same time, governments and private sector have to implement policies that support more to renewable energy projects, develop appropriate financing models and accelerate energy transition. Thus, the necessary conversion can be achieved for a sustainable future. [

Source: Energy