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Solar pv remains the dominant technology waiting for grid connection, representing the majority of renewable capacity in advanced stages (over 60%) followed by wind (over 35%) In 2023, renewable energy supply from solar, wind, hydro, geothermal and ocean rose by over 5%, meaning that the share of these technologies in total global energy supply increased by close to 0.2 percentage points, reaching 5.7%. Hydropower represents just over 1%.
The international renewable energy agency (irena) produces comprehensive statistics on various topics related to renewable energy Total renewable capacity and generation equals the sum of bioenergy, hydropower (including pumped storage for capacity), onshore and offshore wind, solar pv, solar csp, geothermal, and ocean technologies. The renewable power capacity data represents the maximum net generating capacity of power plants and other installations that use renewable energy sources to produce electricity.
Solar pv and wind are forecast to account for 95% of all renewable capacity additions through 2030 because their generation costs are lower than for both fossil and non fossil alternatives in most countries, and policies continue to support them.
Renewable hydropower capacity increased by 15.0 gw (+1.2%), bioenergy by 4.6 gw (+3.2%), and geothermal energy by 0.4 gw (+2.5%) Solar and wind energy continued to dominate renewable capacity expansion, jointly accounting for 96.6% of all net renewable additions in 2024. In 2024, for 42% of the global total, for the largest share, accounted solar power with 1 865 gw followed by hydropower with 1 283 gw (29%), wind power with 1 133 gw (25%), bioenergy with 151 gw, geothermal with 15 gw, and marine power with 1 gw.
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