Global Renewable Records Broken, But Acceleration Needed to Meet 2030 Goals
A new report by the International Renewable Energy Agency (IRENA) reveals that global renewable capacity additions hit a record 582 GW in 2024, but the world remains off track to triple renewables by 2030 as agreed under the COP28 UAE Consensus. The report urges governments to step up investment in renewables, modernize grids, and strengthen supply chains, noting that annual additions must more than double to 1,122 GW per year to achieve climate targets[1].
Renewables Surpass Coal for First Time in Global Electricity Generation
Analysis from Ember shows that renewables overtook coal for the first time on record in the first half of 2025, with global solar generation rising by a third and wind power growing 7%. These gains enabled renewables to meet 83% of increased electricity demand, driven by a surge in clean energy investment despite political headwinds[2].
Apple to Add 650 MW of Solar and Wind Capacity Across Europe
Apple announced new large-scale solar and wind projects across several European countries, adding 650 MW of renewable capacity to support its goal of matching all customer device power use with clean energy by 2030. The initiative brings over $600 million in new financing and marks a significant step toward the company’s global carbon neutrality target[4].
Global Solar Installations Projected to Nearly Double by 2030
Between 2025 and 2030, nearly 4,600 GW of new renewable energy capacity—driven primarily by solar—are expected to be built worldwide, almost doubling the cumulative total from the previous five years. This rapid expansion is central to achieving climate goals and reflects strong momentum in global clean energy markets[9].
Geothermal Power Expansion in Indonesia Announced
Two major Asian business conglomerates revealed a partnership to construct six new geothermal power plants in Indonesia, underscoring the region’s push to diversify its renewable energy portfolio. This development is part of broader efforts across Asia to accelerate low-carbon energy infrastructure[11].
