Market development

Renewable energy

Distribution of Renewable Energies Worldwide (BRICS, EU and Top 6 Countries, 2016)

Hydropower was not included in the graphic because it is the largest amount of renewable energies and would mask the development of other, less common technologies. The five BRICS countries are Brazil, Russia, India, China and South Africa.

Capacity growth

Electricity generation capacity based on renewable energies rose by 8 – 9 % in 2016 and 2017, respectively. The increase was mainly driven by new installations in the photovoltaic and wind power sectors. In 2017, the new installations amounted to 167 GW and were distributed as follows:

 
  • 94 GW solar power (+32%)
  • 47 GW wind energy (+10%)
  • 21 GW hydropower (+2%)
  • 5 GW bioenergy (+5%)

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