Renewable power grows by a record 693 gigawatts (GW) in 2025, according to a new report, contributing to savings of nearly US$500 billion in fossil-fuel costs. The figures point to continued large-scale additions of solar, wind and other renewable generation worldwide.
The report also says renewables remain the most cost-competitive option for new electricity in many markets in 2025. However, it argues that the world needs to accelerate progress to meet wider energy and climate goals. While the outlets agree on the record year and the cost competitiveness of renewables, they emphasize different implications: one highlights the scale of investment and fuel savings, while the other focuses on relative costs for new power generation across markets.
