In total, global installed renewable energy capacity reached some 4.4 terawatts in 2024, up by some 15 percent from the previous year. The renewable energy market has experienced an explosion over recent decades due to decreasing prices in renewable technology as well as concerns about the environmental impact of more traditional sources.

The leading countries for installed renewable energy in 2024 were China, the United States, and Brazil. China was the leader in renewable energy installations, with a capacity of around 1,827 gigawatts. The U.S., in second place, had a capacity of around 428 gigawatts. Renewable energy is an important step in addressing climate change and mitigating the consequences of this phenomenon. Renewable energy capacity and productionRenewable power capacity is defined as the maximum generating capacity of installations that use renewable sources to generate electricity. The share of renewable energy in the world’s power production has increased in recent years, surpassing 30 percent in 2023. Renewable energy consumption varies from country to country. The leading countries for renewable energy consumption are China, the United States, and Canada.Renewable energy sourcesThere are various sources of renewable energy used globally, including bioenergy, solar energy, hydropower, and wind energy, to name a few. Globally, China and Brazil are the top two countries in terms of generating the most energy through hydropower. Regarding solar power, China, the United States, and Japan boast the highest installed capacities worldwide.

As of 2024, Asia had the largest renewable capacity installed worldwide, with roughly 2.4 terawatts. Europe and North America followed with an installed renewable capacity of approximately 850 and 570 gigawatts, respectively. In 2023, global installed renewable energy capacity reached some 4.4 terawatts, up from 3.8 terawatts in the previous year.

Colombia's renewable energy generation capacity increased considerably in the last decade, reaching over ** gigawatts in 2023. In 2020, ** percent of the primary energy consumption in Colombia came from renewable sources.

In 2024, the total renewable energy capacity in Morocco amounted to ***** megawatts, an increase compared to the previous year. The country has overall increased its renewable power capacity since 2013. In that year, in comparison, Morocco could generate a maximum of around ***** megawatts of renewable energy.

As of 2024, solar photovoltaic was the renewable technology with the highest capacity installed worldwide, amounting to 1.86 terawatts. Hydropower followed, with an installed capacity of 1.43 terawatts worldwide. In that year, the global installed renewable energy capacity reached some 4.45 terawatts, up from 3.9 terawatts one year earlier.

Mexico's renewable energy generation capacity has annually increased throughout the past decade. In 2024, the Latin American country's installed capacity surpassed 34 gigawatts, more than double the capacity reported in 2010. Meanwhile, Mexico's renewable energy consumption amounted to some 0.73 petajoules in 2023.

In 2024, the United States had more than *** gigawatts of electricity-generating capacity from renewable resources. The capacity was expected to increase significantly to reach ***** gigawatts by 2050. Likewise, renewable electricity generation was expected to grow, reaching ***** terawatt-hours by 2050.

As of 2024, the total renewable energy capacity in Africa reached almost ** gigawatts. This represented a growth of over *** percent in comparison to the previous year, keeping an upward trend. Overall, Africa's renewable energy capacity accounted for less than *** percent of the global total capacity.

The European Union's renewable energy generation capacity reached over *** gigawatts in 2023. The share of renewables in the EU's electricity sector was **** percent in 2022.

In 2024, renewable energy capacity in Germany amounted to around 178.7 gigawatts, an increase compared to the previous year. Capacity has increased year-on-year in the country since 2008.

In 2024, the power capacity of renewable sources in France amounted to over ** gigawatts. Hydropower was the leading renewable source, with almost ** gigawatts of energy installed. Solar power accounted for around ** gigawatts of installed capacity, of which the majority in onshore power plants.

Renewable energy capacity in Italy amounted to nearly **** gigawatts in 2024. This was an increase of over ***percent from the previous year and the peak recorded in the period of consideration. By comparison, Italy's renewable energy capacity totaled **** gigawatts in 2008.

Brazil's renewable energy generation capacity amounted to nearly 194.1 gigawatts in 2023, an increase of more than 28.8 percent in comparison to the renewable energy capacity reported in 2020. In 2020, the share of renewables in Brazil's domestic energy supply surpassed 48 percent.

In 2024, renewable energy capacity in Europe amounted to *** gigawatts. This was the peak from the period in consideration, and an increase in comparison to the previous year. Capacity from renewable sources in Europe has been increasing steadily since 2010, when the total capacity amounted to ***** gigawatts.

Argentina's renewable energy capacity was nearly 16 gigawatts in 2024, an increase when compared to the previous year. When compared to a decade earlier, the country's renewable capacity grew by more than 50 percent. Renewable sources accounted on average for a ten percent share of Argentina's primary energy production.

This statistic illustrates the installed capacity of renewable energy in Germany as of 2024, by source. That year, the installed capacity of onshore wind turbines in Germany amounted to around **** gigawatts.

In 2024, the majority of the installed energy capacity in Greece came from renewable sources, amounting to 15 gigawatts. Solar and wind units were the two renewable sources with the highest installed capacity, with roughly 6.7 gigawatts and 5.1 gigawatts, respectively. Fossil fuels accounted for a combined 8 gigawatts of the country's energy generation that year.

In 2024, Greece's renewable energy capacity amounted to around **** gigawatts. This was an increase of almost ***** gigawatts compared to the previous year and was also the peak from the period in consideration.

The installed solar photovoltaic (PV) energy generation capacity in Chile amounted to nearly *** gigawatts in October 2024. At the same point in time, wind parks were the second largest renewable energy source in the country, with a capacity of around *** gigawatts of electricity.