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Sources of Renewable Power Capacity and Its Growth
At the end of 2023, global renewable capacity amounted to 3,870 GW. Solar accounted for the largest share of the global total, with a capacity of 1,419 GW, or 37% of the total global renewable energy capacity. Renewable hydropower and wind energy accounted for most of the remainder, with total capacities of 1,268 GW and 1,017 GW respectively.
Other renewables capacities included 150 GW of bioenergy and 15 GW of geothermal, plus 0.5 GW of marine energy. Marine energy converts the energy of waves, tides and ocean currents into electricity. Asia and the Middle East are the fastest growing regions for adding renewable power capacity, growing by 20.1% and 16.6% respectively. By the end of 2023, Asia was home to 50.7% of the world’s renewable energy capacity, followed by Europe with 20.3%.
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Dubai’s Green Future: Powered by Renewable Energy
Discover how Dubai plans to achieve 100% clean energy by 2050 in the comprehensive 2024 Green Future Report. Dive into the Net Zero Carbon Emissions Strategy, key renewable energy projects, and cutting-edge technologies. Learn about Dubai’s solar and hydrogen initiatives, and stay informed about the latest in clean energy advancements. Click to explore Dubai's path to sustainability.
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