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
spot_img

Hot this week

RMBN Money Market Fund Receives Two-Notch Upgrade to ‘A+’ from Agusto & Co.

RMB Nigeria Asset Management Limited (RMBN AM) has received...

NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme for Supply Base Services

The Nigerian Content Development and Monitoring Board (NCDMB), in...

NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study

  R-L: Dr. Obinna Ezeobi, General Manager, Corporate Communications, Esueme...

NCDMB’s Oil & Gas Park to Become Operational Q4 2026

The Nigerian Oil and Gas Park Scheme (NOGaPS) at...

Is the Era of the POS Operator Coming to an End?

By Elvis Eromosele Step outside your home in Lagos, Kano,...

Topics

AstraZeneca Unveils Ambitious Plan to Expand in Africa

British pharmaceutical laboratory AstraZeneca Plc just launched an expansion...

Airtel Divests Towers in DRC to Helios Africa

Bharti Airtel has announced that it is selling approximately...

Sovereign Trust Insurance Promises Better Service for Policyholders in 2023

As part of its commitment to delighting every policyholder...

DPI, Verod Capital Backs Pan African Towers, a Leading Nigerian Digital Infrastructure Provider

Azeez Amida CEO of Pan African Towers Pan African Towers (PAT),...

PenCom: Continuation of Contributor Data Recapture Exercise by PFAs

The National Pension Commission (PenCom) is pleased to invite...

Qatar Airways, 5 Others Join IATA Travel Pass Program

The International Air Transport Association (IATA) announced that Etihad...

STI’s Lekan Oguntade Crowned Insurance 2022 CIO of the Year

L-R: Sanni Oladimeji, DGM, Risk Management & Compliance, Jude...

NAICOM, NSITF to Collaborate on Insurance Business in Nigeria

The CFI/CEO of NAICOM, Mr. Segun Omosehin paid a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img