Published 05-30-24
Submitted by Crown Holdings, Inc.
By Sandrine Duquerroy-Delesalle
Tomorrow is Earth Day and I wanted to share some good news !
The article below mentions 2 recent reports (see comments) from the Global Wind Energy Council (GWEC) and from the International Energy Agency (IEA).
The world installed 116 gigawatts of new wind power capacity in 2023 according to the GWEC, a 50% increase from 2022 making it the best year on record for new wind projects with China leading offshore and onshore wind installations followed by the US, Brazil and Germany.
According to the IEA, in 2023, China commissioned as much solar PV as the entire world did in 2022 and overall global annual renewable capacity additions increased by almost 50% to nearly 510 gigawatts in 2023, the fastest growth rate in the past two decades.
We however have a long way to go to achieve the COP28 target of tripling global renewable capacity by 2030, for which the IEA recommends better government policies and faster permitting procedures, investments in grid infrastructure, and more financing towards emerging economies.
Happy Earth Day!
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