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A record 740 gigawatts of renewable energy capacity was added worldwide last year, but it's still not enough to meet a global goal to triple renewable capacity by 2030, according to a report by the Paris-based thinktank REN21 showed on Tuesday.
A target was set at the COP28 U.N. climate conference in 2023 to triple the amount of renewables such as wind and solar to keep a 1.5 degree Celsius (2.7 Fahrenheit) warming limit this century within reach.
Analysts tracking progress have said the world is not on course to triple capacity. The 1.5 Celsius limit also appears out of reach, they said.
BY THE NUMBERS
Trajectories show a shortfall of 6.2 terawatts towards the goal, which is more than all renewables deployed to date, the REN21 report showed.
Solar photovoltaic accounted for 81% of new renewable power capacity last year as rooftop solar increased in developing countries and technology costs continued to fall. Solar PV is the only renewables technology on track to deliver its contribution to the global tripling capacity target.
CONTEXT
Last year and in early 2025, many countries rolled back or delayed climate change measures as the U.S. withdrew from the Paris Agremeent and New Zealand reversed its ban on offshore oil and gas exploration.
Oil and gas companies and banks have also scaled back investments in the energy transition. Trade measures, even before U.S. President Donald Trump's tariff action this year, also limited renewable development in 2024 as the West protected its industries against cheap Chinese competition.
KEY QUOTE
"We are deploying renewables in record numbers, but we are not building the systems needed to transition to a renewables-based economy," said Rana Adib, executive director of REN21.
"Without coherent policies, coordinated planning, and resilient infrastructure including grids and storage, even record deployment cannot deliver speedy and lasting transformation," she added.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
Azerbaijan is stepping up its renewable energy ambitions with plans to develop eight new solar and wind plants by 2027, backed by $2.8 billion in investment and aimed at exceeding its 2030 climate targets ahead of schedule.
On the second day of Baku Climate Action Week (BCAW), attention centred on strengthening international cooperation, accelerating the transition to clean energy, and ensuring a fair and inclusive approach.
Super Typhoon Ragasa lashed Hong Kong with hurricane-force winds and torrential rain on Wednesday.
When Climate Week kicks off in New York City on Sunday (21 September), it will mark the largest event of its kind yet, with organisers reporting a record number of companies participating and more events than ever before.
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