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	<title>Publication - RENEWABLE CAPACITY STATISTICS 2023 - Revision history</title>
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	<updated>2026-04-20T14:10:20Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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		<title>Tevine Eugenio: Created page with &quot;{{Pub Database |Pub Title=RENEWABLE CAPACITY STATISTICS 2023 |Pub Organization=International Renewable Energy Agency (IRENA) |Pub Author=IRENA |Pub Month=March |Pub Year=2023...&quot;</title>
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		<updated>2023-04-04T15:24:59Z</updated>

		<summary type="html">&lt;p&gt;Created page with &amp;quot;{{Pub Database |Pub Title=RENEWABLE CAPACITY STATISTICS 2023 |Pub Organization=International Renewable Energy Agency (IRENA) |Pub Author=IRENA |Pub Month=March |Pub Year=2023...&amp;quot;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{Pub Database&lt;br /&gt;
|Pub Title=RENEWABLE CAPACITY STATISTICS 2023&lt;br /&gt;
|Pub Organization=International Renewable Energy Agency (IRENA)&lt;br /&gt;
|Pub Author=IRENA&lt;br /&gt;
|Pub Month=March&lt;br /&gt;
|Pub Year=2023&lt;br /&gt;
|Pub Abstract=Highlighting the continued progress toward the energy transition in the global power generation mix, &lt;br /&gt;
this latest edition of Renewable capacity statistics reaffirms renewables as the de-facto energy choice &lt;br /&gt;
for new power generation, despite the effects of recent global crises and geopolitical shocks on the &lt;br /&gt;
energy sector.&lt;br /&gt;
&lt;br /&gt;
By the end of 2022, renewables accounted for 40% of global installed power capacity. Yet, as we draw &lt;br /&gt;
closer to a world in which renewable energy accounts for half of total capacity, many energy planning &lt;br /&gt;
questions must be addressed to establish renewables as the most significant source of electricity&lt;br /&gt;
generation - including in the context of grid flexibility and adaptation to variable renewable power.&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
2022 has seen the largest increase in renewable energy capacity to date – the world added almost 295&lt;br /&gt;
gigawatts (GW) of renewables, increasing the stock of renewable power by 9.6% and contributing an &lt;br /&gt;
unprecedented 83% of global power additions, largely due to the growth of solar and wind power, and &lt;br /&gt;
the further decommissioning of fossil fuel power plants in several large economies. Solar power alone &lt;br /&gt;
accounted for almost two-thirds of the renewable additions with a record 192 GW, while 75 GW of wind &lt;br /&gt;
the energy was added, slowing from the 111 GW added in 2020. &lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
A record year for renewable capacity additions is encouraging for countries around the world &lt;br /&gt;
redesigning their national energy planning strategies to favor renewables. There is, however, much &lt;br /&gt;
more potential to increase the role of renewables; to stay on the pathway to limit global temperature &lt;br /&gt;
increases to 1.5°C of pre-industrial levels, the world needs to see more than 1 000 GW of annual &lt;br /&gt;
renewable capacity additions until 2050, with solar power representing more than half of this figure. &lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
While this is an ambitious target - as the gap between what is needed and what is implemented widens&lt;br /&gt;
- the capacity progress reported here for 2022 reflects ongoing global efforts to transform the power &lt;br /&gt;
sector.&lt;br /&gt;
&lt;br /&gt;
&lt;br /&gt;
Looking ahead, we hope to see a much faster pace of growth in the stock of renewable power plants &lt;br /&gt;
and distributed electricity generation around the world. &lt;br /&gt;
This report should serve not only as a valuable resource to track progress but also as a glaring reminder of the work that lies ahead to achieve a just, inclusive, and sustainable future for all.&lt;br /&gt;
|Pub Download=https://www.irena.org/Publications/2023/Mar/Renewable-capacity-statistics-2023&lt;br /&gt;
|Pub Tag Solar=Solar&lt;br /&gt;
|Pub Tag Wind=Wind&lt;br /&gt;
|Pub Tag Grid=Grid&lt;br /&gt;
|Pub Tag Renewable=Renewable Energy&lt;br /&gt;
|Pub Tag Energy Transition=Energy Transition&lt;br /&gt;
}}&lt;/div&gt;</summary>
		<author><name>Tevine Eugenio</name></author>
	</entry>
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