In 2025, solar and wind dominated global energy growth, delivering around six times more new capacity than all other power sources combined and supplying nearly all new electricity demand. Cost: Utility-scale solar and onshore wind are now cost-competitive, with LCOE ranging from $24-56/MWh. Higher capacity factors mean more. In 2025, global annual renewable capacity additions increased by 16%, reaching 800 GW despite challenges linked to supply chain strains, grid connection delays, financial pressures and policy shifts. With rapid expansion led by countries like Australia and several European nations, solar and wind are now the. The U. generated a record 756,621 gigawatt-hours (GWh) of electricity from solar and wind in 2024 — enough to power the equivalent of more than 70 million average American homes. This is more than triple the amount generated a decade ago, in 2015. Together, solar and wind accounted for a record. Ember (2026); Energy Institute - Statistical Review of World Energy (2025) – with major processing by Our World in Data Measured in kilowatt-hours per person. Here, energy refers to primary energy using the substitution method.
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