The Era of Renewables
The 2024 report highlights a pivotal year in the global energy transition. Renewable capacity additions increased by 50% compared to 2023, the fastest growth rate in the past two decades. This dashboard synthesizes key data on capacity, investment, and regional dynamics.
Total Capacity Added
▲ 50%New renewable capacity in 2023, a historic record.
Global Investment
▲ 17%Total investment in clean energy technologies.
Solar Dominance
☀ 75%Solar PV accounted for three-quarters of global additions.
Trajectory Analysis
Examine the longitudinal data driving the transition. While capacity additions are skyrocketing due to plummeting costs of Solar PV, investment figures reveal the shifting priorities of global capital.
Select Data Metric:
Source: IEA & BloombergNEF Estimates 2024
Technology Mix
Understanding the breakdown of renewable technologies is crucial. While Solar PV leads in volume, Wind and Hydropower play critical roles in baseload and variability management. Click the tabs below to explore each sector.
2023 Capacity Additions by Technology
Regional Dynamics
The pace of transition varies significantly by geography. China remains the global powerhouse, while Europe accelerates policy adoption. Select a region card to view specific statistics and strategic priorities.