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Renewable Energy Capacity Tops 690 GW in 2025 as Solar, Wind Deliver Lowest Power Costs and Save $480 bn in Fuel Imports

Global renewable energy deployment reached a record level in 2025, with new installations exceeding 690 gigawatts (GW), around 20 percent higher than in 2024, according to the latest analysis from the International Renewable Energy Agency (IRENA). Solar photovoltaic (PV) led the expansion with more than 500 GW of new capacity, while wind energy contributed around 160 GW, enabling renewables to overtake coal as the world’s largest source of installed electricity generation capacity.