According to the International Renewable Energy Agency, global renewable energy capacity was 3,372 GW by the end of 2022, up 295 GW or 9.5 percent. Renewable energy accounted for the majority of all power added last year.
Despite global uncertainty, renewable energy continues to rise at an all-time high, and confirms a declining trend in fossil fuel use.
Many countries have increased their renewable energy capacity in 2022, but significant growth has been concentrated in Asia, the United States, and Europe. Asia, which had a total renewable energy capacity of 1.63 TW by 2022, makes the largest contribution.
Renewable energy capacity increased by 57.3 GW and 29.1 GW in Europe and North America, respectively, and in Oceania, by 18.2 GW. The Middle East has experienced the greatest increase in renewable energy since 2022, with 3.2 GW of additional capacity expected.
Solar and wind continued to dominate new generation capacity, accounting for 90% of all new renewable capacity in 2022. Solar led the way with a 22% increase (191 GW), followed by wind, which increased its capacity by 9% (75 GW).