Despite adding a record 582 gigawatts of renewable energy last year, a 16.6% annual increase is needed to meet the 2030 goal of 11.2 terawatts, so countries are falling short of global targets. The current growth rate is not fast enough for countries to meet the targets set at COP28 to triple renewable energy capacity by 2030, highlighting a significant gap between current progress and necessary action. Record growth, but insufficient pace:- The 582 GW added last year was a record, representing a 15.1% increase over the previous year. Target shortfall:- To meet the 2030 goal, the annual increase needs to be 16.6%.
Despite adding a record 582 gigawatts of renewable energy last year, a 16.6% annual increase is needed to meet the 2030 goal of 11.2 terawatts, so countries are falling short of global targets.
The current growth rate is not fast enough for countries to meet the targets set at COP28 to triple renewable energy capacity by 2030, highlighting a significant gap between current progress and necessary action.
Record growth, but insufficient pace:- The 582 GW added last year was a record, representing a 15.1% increase over the previous year.
Target shortfall:-
To meet the 2030 goal, the annual increase needs to be 16.6%.
Global goal: -
The target, agreed upon at the COP28 climate conference, is to have 11.2 terawatts of renewable energy capacity within seven years.
Consequences: -
This shortfall increases the risk of not meeting climate goals, and UN Secretary-General Antonio Guterres has warned that the window to limit global warming to 1.5∘C1.5 raised to the composed with power cap C1.5∘𝐶 is closing.
Contributing factors: -
Challenges include a lack of coherent policies, insufficient grid and storage infrastructure, and funding gaps, particularly in developing nations.
India's status
Significant expansion:
India has seen a massive increase in renewable energy capacity, growing from 76.37 GW in 2014 to 233.99 GW by June 2025.
Near 50% non-fossil fuels: As of June 2025, non-fossil fuel sources make up 50.07% of India's total installed capacity, a significant portion of which is renewable energy (233.99 GW out of 242.8 GW non-fossil fuel capacity).
Major sources: Solar power is the leading renewable source with 92.12 GW, followed by wind power at 47.72 GW, and hydroelectric power which contributes a combined 52 GW (large and small hydro).
Record addition: -
The country added a record 29.52 GW of renewable energy in the fiscal year 2024-25.
India's status
Significant expansion: India has seen a massive increase in renewable energy capacity, growing from 76.37 GW in 2014 to 233.99 GW by June 2025.
Near 50% non-fossil fuels: As of June 2025, non-fossil fuel sources make up 50.07% of India's total installed capacity, a significant portion of which is renewable energy (233.99 GW out of 242.8 GW non-fossil fuel capacity).
Major sources: Solar power is the leading renewable source with 92.12 GW, followed by wind power at 47.72 GW, and hydroelectric power which contributes a combined 52 GW (large and small hydro).
Record addition:
The country added a record 29.52 GW of renewable energy in the fiscal year 2024-25.
MJF Lion ER YK Sharma
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