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

Hot this week

NGX Chair: Insurance Sector Needs More Marketing, Digitalisation to Increase Penetration, Contribution to GDP

Remarks by Dr. Umaru Kwairanga, Chairman, Nigerian Exchange Group...

NAICOM Boss Charges CIIN on Professionalism, Ethics, Innovation as Jide Orimolade Emerges 53rd President

The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr....

Experts Charge Stakeholders to Address Healthcare Challenges

Experts have charged stakeholders to address challenges limiting the...

Leadway Pensure Charge Nigerians on Early Retirement Planning

Leadway Pensure has charged Nigerians to plan for early...

IMT Congratulates New NIA, CIIN, NCRIB, PILA Leaders as Industry Takes Shape in a Defining Season of Reform

Insurance Meets Tech (IMT), Nigeria’s foremost platform for dialogue...

Topics

AIICO Insurance Grows GWP by 21.4% to N45.5bn in H1 2022 

AIICO Insurance Plc, foremost and most resilient insurance services...

Hayford Alile: ‘Great Loss to Capital Market in Nigeria’

The Nigerian Stock Exchange (NSE) mourns the loss of...

Allianz Africa: 10 MBA Scholarships to Drive Sustainable Development

Coenraad Vrolijk Regional CEO of Allianz Africa Allianz Africa's commitment to...

Johnson Chukwu as Keynote Speaker, Others for  SUPERNEWS AI Confab ’25

The Managing Director/CEO, Cowry Asset Management Limited, Mr. Johnson...

Market Statistics: Monday, 18th December 2017

Market Cap (N'bn)                13,516.0 Market...

Olashore Wins International School Award

Olashore International School has just won the British Council...

P+ Measurement Unveils Nigeria’s 1st Broadcast Advert Analytics Audit Report

Nigeria’s leading media measurement and evaluation agency, P+ Measurement...

NCDMB, Dangote Refinery Inaugurate Joint Committee to Deepen Local Content

The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe presenting...