Renewables Struggle to Meet Demand Despite Record 536 GW Capacity in 2023: Report

Renewable share in electricity only increased from 29% in 2022 to 30% in 2023

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Despite global renewable power capacity reaching a record 536 GW in 2023, geopolitical conflicts, protectionism, and rising greenhouse gas emissions continue to pose significant risks for the energy transition, according to the Renewables 2024 Global Status Report published by REN21.

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