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Source: Pixabay

One Trillion Watts Of Clean Energy Will Be Installed Globally By 2023

By Koty Neelis

The world will install more than a trillion watts of renewable power over the next five years and modern bioenergy leads the growth of all renewables, according to The International Energy Agency’s latest annual report on the forecast for renewable energy. 

As clean energy continues to expand, the report shares China will be responsible for 41 percent of global renewable growth. By adding 438 gigawatts of clean energy as a result of policies to decarbonise all sectors and reduce harmful local air pollution, China could become the largest consumer of green energy in the world, overtaking the European Union by 2023, the IEA said.

Brazil will lead shortly behind China in renewable energy growth. Of the world’s largest energy consumers, Brazil employs the highest share of renewables by far – almost 45 percent of total final energy consumption in 2023.