Thursday, March 12, 2026
33.5 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

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

Nigerian Exchange Group Plc (NGX Group), in collaboration with...

Union Bank of Nigeria Marks Int Women’s Month 2026 with Inclusion-First “Give to Gain” Campaign

L-R: Chief Talent Officer, Union Bank of Nigeria, Omayuli...

NAICOM: 20 Insurance Firms Seek Capital Verification Ahead July 31 Recapitalisation Deadline

The National Insurance Commission (NAICOM) says 20 operators in...

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

Topics

Africa Insurance Women Association to Host International Conference for Women in Insurance

Mrs. Margaret Nkechi Moore President Africa Insurance Women Association The Africa Insurance...

Ecobank Unveils mVisa in 33 African Countries

Ecobank has partnered with Visa to launch Ecobank Scan+Pay...

Five-Year Milestone: AIICO Insurance Surpasses ₦200bn in Claims, Benefits Payments

AIICO Insurance Plc, a leading composite insurer in Nigeria,...

Linkage Assurance Gross Written Premium up 16% to N12.98bn in 2022

Amidst tough operating environment in the 2022 financial year,...

‘7 Key Indices to Drive Equity Market in 2018’

Mr. Ayodeji Ebo, Managing Director, Afrinvest Securities Limited, says...

Aligning Talent Strategy with Business Strategy

   By Kazeem Olayemi Odeyeyiwa, FCA  Talent management is of strategic...

Nigeria Seeks $500m to Develop Mining Sector

Nigeria says it is in advanced negotiations with the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img