The share of wind and solar grew again in 2024 (+1.5 pp) to 15%.
In 2024, global renewable installation reached new records, with over 450 GW of new solar capacity and over 110 GW of new wind capacity. China accounted for over 60% of these renewable installations, with 278 GW of new solar capacity and 80 GW of new wind capacity. Renewable installations were also steady in the EU (though slowing down), the US, and India.
Globally, the share of wind and solar in power generation rose by 1.5 pp in 2024 to 15% (nearly +13 pp since 2010). It increased by 3 pp to 18% in China (+16 pp since 2010) and by 2 pp to 17% in the USA (+14 pp since 2010). In the EU, the share of wind and solar in the power mix grew by 1 pp in 2024 to 28% (+22 pp since 2010), with particularly high levels in the Netherlands (+4 pp in 2024 to 45%), Denmark (+2 pp to a record of 70%).
Outside these three main markets, wind and solar covered around 35% of the UK’s power mix (+2 pp in 2024, 32 pp more than in 2010), 34% in Chile (+3 pp in 2024, +33 pp since 2010), 30% in New Zealand (+4 pp in 2024), 29% in Australia (+2 pp) and 24% in Brazil (+3 pp). Despite rising installations (over 24 GW of solar and 3.4 GW of wind in 2024), the share of renewables in the Indian power mix only grew by 1 pp to 12% (+10 pp since 2010). Wind and solar remained marginal in Africa (6%, including 8% in South Africa (stable in 2024), in the CIS (2%, including less than 1% in Russia and 5% in Kazakhstan), and in the Middle East (2%, despite a rising renewable generation in the United Arab Emirates).
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