Global Renewable Capacity Hits Record, But Targets Remain Elusive
A new progress report from the International Renewable Energy Agency, COP30 Brazilian Presidency, and Global Renewables Alliance reveals that global renewable energy capacity additions reached a record 582 GW in 2024; however, this falls short of the annual 1,122 GW needed to meet the COP28 goal of tripling renewables by 2030[1]. The report also stresses the need for urgent action on integrating renewables into national climate plans, scaling grid and storage investments, and doubling annual energy efficiency improvements[1].
Renewables Surpass Coal for First Time, Solar and Wind Meet All Demand Growth
Global analysis from Ember shows that in the first half of 2025, renewables overtook coal for the first time in electricity generation, with solar power growing by a third and wind by 7%, together meeting 83% of the increase in global electricity demand[2][3]. As a result, fossil fuel generation saw a slight decline despite overall electricity consumption rising by 2.6% worldwide[3].
Apple Expands Renewable Energy Projects, Adds 650 MW Across Europe
Apple announced new large-scale solar and wind projects in Greece, Italy, Latvia, Poland, and Romania, adding 650 MW of renewable capacity to the European grid and unlocking more than $600 million in financing[4]. These initiatives support Apple’s goal to match 100% of global customer electricity use with clean energy by 2030, contributing over 1 million MWh of clean electricity annually in Europe[4].
EU Unveils New Global Climate and Energy Vision Ahead of COP30
The European Union has announced a new global climate and energy strategy, aiming to strengthen international cooperation and accelerate progress toward net-zero targets in the lead-up to COP30[5]. The plan emphasizes renewable energy expansion, grid modernization, and support for developing nations to facilitate a just energy transition[5].
