https://www.energymonitor.ai/news/world-set-to-miss-renewable-target

The annual growth rate of renewable energy needs to grow to 16.4% to meet global targets, 1.4% above its current level.

The world will fail to meet its goal to triple renewable energy capacity by 2030 if capacity continues to grow at a sluggish rate, according to the International Renewable Energy Agency (IRENA).

According to the IRENA report, 473GW of renewable capacity was added last year, a 14% increase from the year before and the largest annual growth since 2000.

However, to meet the ambitious target, the world will have to add renewable capacity at a rate of 16.4% per year annually between now and 2030, according to IRENA. At the current 14% rate, the world will be 1.5TW short.

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https://www.energymonitor.ai/news/world-set-to-miss-renewable-target