RES to become the largest source of electricity in early 2025

According to the International Energy Agency (IEA), 2,400 GW of renewable energy capacity will be installed worldwide in the next five years. This is as much as in the past 20 years. 

Concerns over energy security caused by Russia's invasion of Ukraine have motivated countries to increasingly turn to renewables such as solar and wind power to reduce dependence on imported fossil fuels, whose prices have skyrocketed. Global renewable energy capacity is expected to increase by 2,400 gigawatts (GW) between 2022 and 2027, the equivalent of China's entire energy capacity today, according to Renewables 2022, the latest edition of the IEA's annual report on the sector.

(Interia)