In 2024, the global energy sector is undergoing an unprecedented green transition. According to the International Energy Agency (IEA), global investments in renewable energy have reached $1.2 trillion, accounting for more than 60% of total energy investments. Solar and wind energy are seeing the fastest investment growth. By 2025, wind and solar power generation are expected to account for 25% and 15% of global electricity generation, respectively.
Green energy not only helps reduce carbon emissions but also serves as a new economic growth driver worldwide. Major economies such as China, the U.S., and the European Union are increasing their investments in green energy projects. In 2024, China’s solar power capacity surpassed 400 GW, with further plans to expand green energy investments globally. With continued government support, renewable energy projects worldwide are experiencing exponential growth.
As new energy technologies advance, more green energy projects will emerge worldwide in 2024. By 2030, renewable energy is expected to account for over 50% of global power generation. Green energy will not only drive sustainable economic growth but also help nations achieve carbon neutrality and promote global climate action.
