Sunday, September 7, 2025
24.9 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

Hot this week

Nigeria, Brazil Central Banks Deepen Economic, Financial Co-operation

Nigeria’s Central Bank Governor, Olayemi Cardoso, has held talks...

Ecobank Nigeria to Host Second Edition of Design & Build, Showcasing Premier Innovators in Design, Construction

Ecobank Nigeria, a subsidiary of the leading pan-African banking...

Expert: Fintech, Financial Inclusion Critical for Sustainable Growth of Nigerian Economy

A renowned economist, Dr. Biodun Adedipe, the Chief Consultant/CEO,...

Sterling Bank Marks One Year of Africa’s Groundbreaking Core Banking System

Number one Best Workplace in Banking in Nigeria and...

Topics

China Mobile Shutting Down 3G Base Stations

A number of China Mobile's regional divisions have started...

Renewable Energy: Pathway to Poverty Alleviation in Africa

New Executive Director Greenpeace International (http://www.Greenpeace.org) Bunny McDiarmid visited...

EBOLA: The $100m World Bank War-Chest for Stricken Countries

The World Bank Group announced an additional $100 million...

Registration Opens for 2018 ASEA Annual Conference

The Nigerian Stock Exchange (NSE) announced yesterday that registration...

Almond Awards: Continental Re, NEM, Anchor in Contention as Voting Ends Oct 20

The 2023 Almond Insurance Industry Awards Panel of Judges...

African Airlines Record 31% Cargo Growth in April 2021

African airlines’ cargo demand in April increased 30.6% compared to...

Beyond Compliance: How Third-Party Motor Insurance Protects Everyone on the Road

Uninsured vehicles on Nigerian roads pose significant risks, with...

Esther E. Okafor, Renowned Educationist, Author for Burial Jan 4

The remains of renowned educationist and author, Mrs. Esther...
spot_img

Related Articles

Popular Categories

spot_imgspot_img