Global renewable power capacity up by 50% in 2023 with China’s solar boom

Picture Credit: Envato

The global increase in renewable power capacity reached a 50% growth rate last year and is expected to continue setting records throughout this decade, propelled by the widespread adoption of cost-effective solar panels, particularly in China.

The International Energy Agency reported that a record-breaking 510 gigawatts of renewable energy capacity were installed in 2023, marking the 22nd consecutive year of growth.

[…] 2023, China exceeded the total solar panel installations of any other nation, contributing to its already substantial lead in the global renewable energy […]

Global renewable power capacity up by 50% in 2023 with China’s solar boom

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