Proof Point
Total renewable power capacity worldwide grew 9% annually between 2014 and 2017, with largest share from hydropower, according to Ren21
Global Renewable Power Capacity
2014 – 2017 (GW and percentage)
Proof Point Findings
- Renewable Power Capacity – Refers to global power generation capacity from renewable sources, including solar, wind, biomass, small hydro, biofuels, geothermal and marine
- Increasing Power Capacity – Global renewable power capacity grew 9% annually from 1,701 GW in 2014 to 2,195 in 2017, according to Ren21
- Largest Share – Hydropower makes up more than half of total capacity, with 1,114 GW or 51% in 2017, followed by wind power (25%)
- Biggest Growth – Solar PV grew 31% yearly from 2014 to reach 402 GW in 2017, showing biggest growth among renewable energy source
- Key Growth Drivers – Include strengthened support from national governments through policies, country targets and tax incentives, significant advancements in energy storage facilities, and increased national and business effort to shift consumption to renewable energy sources
|
Accelerator |
|
|
Sector |
Cross-sector
|
|
Source |
|
|
Date Last Updated |
October 23, 2018
|
