Global renewable energy capacity tipped to double by 2031

clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Latest GlobalData figures suggest renewables set fresh global records in 2025 and capacity is now set to grow to 8.4TW by 2031

Global renewable energy installed capacity is set to expand at a "rapid pace" over the next five years, doubling from 4.1TW in 2025 to 8.4TW by 2031. That is according to the latest report from analyst...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

Award-winning business journalist

View profile
More from Amber Rolt

WRAP launches UK textiles collection initiative

Under water: Will a shortage of plumbers derail the clean energy transition?

More on Energy

Report: UK has the potential to become a 'major' hub for low-carbon ammonia
Energy

Report: UK has the potential to become a 'major' hub for low-carbon ammonia

New roadmap positions low-carbon ammonia as a strategic national asset that can enable food security, decarbonisation, and regional revitalisation

Stuart Stone
Stuart Stone
clock 06 October 2026 • 4 min read
'Pivotal crossroads': Could a new generation of electric arc furnaces wean the UK off steel imports?
Energy

'Pivotal crossroads': Could a new generation of electric arc furnaces wean the UK off steel imports?

Scunthorpe and Port Talbot could lead a 'steel revival' enabled by electric arc furnaces and better use of British scrap metal -but time is running out to deliver green steel strategy, ECIU warns

Stuart Stone
Stuart Stone
clock 06 October 2026 • 6 min read
Ofgem confirms Tim Jarvis as new chief executive
Energy

Ofgem confirms Tim Jarvis as new chief executive

Interim boss confirmed in role on permanent basis, as he faces 'pivotal moment' for a sector facing its second fossil fuel shock in five years

James Murray
James Murray
clock 05 October 2026 • 3 min read