Renewable energy jumps to new high, powered by China solar boom

Renewable energy installations reached a record high in 2024, with 92.5% of new electricity coming from clean sources like solar and wind. China led the way, generating nearly 64% of new renewable electricity globally. Despite this growth, the world is falling short of tripling renewable energy by 2030. United Nations Secretary-General Antonio Guterres emphasized the need for a faster transition to clean energy. China added significantly more renewable power than the US and Europe, prompting calls for other nations to catch up. The global market for green energy reached $2 trillion in 2024.