Full Title: Renewable Energy Highlights
Author(s): IRENA
Publisher(s): IRENA
Publication Date: July 10, 2025
Full Text: Download Resource
Description (excerpt):
Total electricity generation increased by an average of 2.5% each year between 2012 and 2023. During the same period, renewable electricity expanded at a compound annual growth rate (CAGR) of 5.9%, significantly outpacing non-renewable sources, which recorded a CAGR of just 1.3%. In 2023, renewable electricity generation grew by 5.6% over 2022, while non-renewables grew by 1.2% over the same period. Since 2010, the largest growth in renewable electricity has been for solar and wind energy (variable renewables) which, combined, represented 13.2% of the global electricity mix in 2023, having risen by 15.7% compared to 2022.