World Breaks Renewable Records but Must Move Faster to Hit 2030 Tripling Goal
New global progress report flags bottlenecks in investment, grids and supply chains, urging governments for bolder renewable targets before COP30.
New global progress report flags bottlenecks in investment, grids and supply chains, urging governments for bolder renewable targets before COP30.
A joint report by IRENA, the COP30 Presidency, and the Global Renewables Alliance reveals that while 582 GW of new renewable capacity were installed in 2024 — a record figure — this growth remains insufficient to meet the goal of tripling global renewables by 2030. The world must now expand capacity by 1,122 GW annually from 2025 onwards, supported by major investments in grids, storage, and energy efficiency.
Energía Estratégica has launched a new specialised website that will offer analysis, data and perspectives on the battery market, positioning itself as a key source of information for executives, developers and all stakeholders within the energy-storage value chain.
Electricity prices rose across Europe in mid-October as demand, gas and CO₂ costs increased, while lower solar and wind output in several markets further pushed rates above €75/MWh, with some exceeding €100/MWh.
The agency highlights the European Union as one of the most dynamic regions in the global expansion of renewable energy, with growth driven by new policies, capacity auctions and the rise of self-consumption solar.
The company showcases three of its flagship products in PVBook, the international strategic catalogue: the SG350HX inverter and the ST5015UX-2H and ST5015UX-4H storage systems, designed to maximise efficiency.