Global renewable energy deployment continued its robust growth in 2024, with solar and wind capacity increasing by a near-record 23% to almost 3 TW. Solar and wind continue to dominate, representing 86.7% of new global capacity additions in 2024. Capacity has grown more than fourfold (466%) between 2014 and 2024. China accounts for nearly half of the world’s solar and wind capacity with 1.4 TW deployed as of last year – more than the entire electric capacity of the U.S. Solar continues to lead renewables deployment with a massive 452 GW added in 2024, more than half of that (278 GW) deployed in China. The IEA predicts that the world will add 5.5 TW of renewable capacity through 2030 (led by solar but including other renewable sources like hydropower and geothermal), about 1.8 times the current installed capacity. Three of the top countries in terms of total capacity – Germany, Spain, and the UK – were also among the world leaders in percentage of domestic generation from wind and solar at 42.9%, 43.3%, and 35.5%, respectively.