Friday, January 9, 2026
33.3 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

A Rejoinder To ‘Bola’s Tax’: When ‘Simple Logic’ Becomes Simple Misdirection

  Dr. Zacch Adedeji Executive Chairman FIRS By Tanimu Yakubu THE essay you circulated...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

Unity Bank Disburses over N270 Million to Corpreneurship Winners

Unity Bank Plc has disbursed over N270 million in...

NCC, CBN Set to Roll Out Refund Framework for Failed Airtime and Data Transactions

In line with the consumer-focused objectives of the Nigerian...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Topics

Africa, ME Wearables Market Grow 66% in 2nd Qtr

The Middle East and Africa (MEA) wearables growth story...

Heirs Insurance Group Donates Solar Power Station to Lagos Passport Office

From L-R: Wole Fayemi, MD/CEO, Heirs General Insurance, Mrs....

NCC, Lottery Commission Renews MoU on Gaming Industry

The Nigerian Communications Commission (NCC) has signed a revised...

Unity Bank Appoints Ebenezer Kolawole as Acting MD/CEO

The Board of Unity Bank Plc has announced the...

NIPR, P+ Measurement Partner on Media Monitoring

Clockwise: General Secretary, Lagos State Chapter, Nigerian Institute of...

Qatar Airways Reports $4bn Loss in 2020 over COVID-19 Pandemic

Qatar Airways has reported a net loss of 14.9...

NPHCDA: Population Immunity Behind Vaccine Mandate for Civil Servants

By Tajudeen Kareem Dr. Faisal Shuaib Executive Director/CEO National Primary Health Care...
spot_img

Related Articles

Popular Categories

spot_imgspot_img