Sunday, April 26, 2026
25.7 C
Lagos

8.1m people work in Renewable Energy Industry Worldwide

8.1 million people work in the renewable energy industry. This is 5% higher than in 2015.

This was revealed by the International Renewable Energy Agency (IRENA) in a report entitled “Renewable Energy and Jobs – Annual Review 2016”.

“The continued job growth in the renewable energy sector is significant because it stands in contrast to trends across the energy sector,” said IRENA’s Director-General, Adnan Amin.

Solar photovoltaic energy is the leading employer with 2.8 million jobs divided in production, installation, exploitation and maintenance of the related plants. Next is liquid biofuels which employs 1.7 million people. It is followed by hydropower (dams with more than 10 MW of capacity) with 1.3 million jobs and the wind energy, fourth employer with 1.1 million jobs.

The trend is sustained by the decreasing costs used to implement these technologies and should continue like that given the global goals set for climate worldwide. As the on-going energy transition accelerates, growth in renewable energy employment will remain strong, said IRENA’s director.

In 2015, renewable energy grew by 8.3% with 153 GW developed across the world, a record.

– Gwladys Johnson

spot_img
spot_img
spot_img

Hot this week

Unity Bank, Experts Advocate Green Investment, Climate Innovation to Drive Economic Resilience

Nigeria’s retail lender, Unity Bank Plc, alongside leading climate...

Moniepoint Redefines Nigeria’s Agency Banking via Track Record, Unique Services 

Moniepoint Microfinance Bank (Moniepoint MFB) has reaffirmed its leadership...

Ecobank Nigeria, DHL Equip Nigerian SMEs to Compete Beyond Local Markets

Participants with staff members of Ecobank and DHL at...

QEDNG Summit 2026 Set for August 11 in Lagos

The QEDNG Creative Powerhouse Summit will hold its second edition on...

NLNG MD, Adeleye Falade, Commends Rivers Police, Seeks Stronger Security Collaboration

Adeleye Falade, MD, NLNG, (centre); Olakunle Osobu, Deputy MD...

Topics

Guinea Insurance Reports ₦477.7m Profit in FY 2023

Guinea Insurance Plc has reported a significant 49.4% increase...

Steering Growth: Developments Behind Partner Success in the Channel Ecosystem 

  By Emmanuel Asika Country Head HP Nigeria  Over time, we have seen...

Economic Recovery Policy Will Bring Hope for Nigeria-ICAN

The Institute of Chartered Accountants of Nigeria (ICAN) last...

Access Bank to Target Retail Business Post-Merger

The Access Bank Plc that will emerge after its...

NLNG: Sophia Horsfall Resumes as GM, External Relations, Sustainable Dev

Dr. Sophia Horsfall, the former Manager of Corporate Communications...

Ecobank CEO, Akinwuntan, Charges Graduands on Digital, Excellence in New World Order

Managing Director, Ecobank Nigeria, Patrick Akinwuntan (3nd right) and Vice...

Goldlink Insurance Restructures, Appoints Egbaranas as New CEO

Goldlink Insurance Plc has announced a recent change in...
spot_img

Related Articles

Popular Categories

spot_imgspot_img