Saturday, January 10, 2026
28.1 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

‘Kwara State Not Owing Pension, Salaries’

Kwara State is fully up to date with payment...

NCC Holds Valedictory Session for Retiring Staff, Osmund Omulu

L-R: Dr Ikechukwu Adinde, Director, Public Affairs, Nigerian Communications...

NNPCL Alleges Co-ordinated Sabotage Campaign Against its Leadership

The Nigerian National Petroleum Company Limited (NNPC Ltd) has...

Fidelity Bank Reaffirms Support for Digital Innovation in Africa

L – R: Chief Innovation Officer, Africa Technology Expo,...

Senate to Empower AMCON for Better Operations

L-R: Executive Directors, Asset Management Corporation of Nigeria (AMCON),...

AfDB Unveils ‘New Deal for Energy in Africa’

The African Development Bank Group (AfDB) unveiled its landmark initiative to solve Africa’s huge energy deficit by 2025 at a High Level Stakeholder Consultative Meeting attended by business and political leaders at its headquarters in Abidjan. The “New Deal for Energy in Africa,” which charts the way for a transformative partnership on energy focuses on mobilising support and funding for the initiative from five key areas.

Nigeria Tax Crackdown: An Imperative for Automated Business Solutions

Nigerian companies must ensure that they have robust, automated...

Banks Leveraging Digital Tech to Drive Customer Satisfaction – Akinwuntan

Mr. Patrick Akinwuntan Managing Director/CEO Ecobank Nigeria Chairman of the Chartered Institute...
spot_img

Related Articles

Popular Categories

spot_imgspot_img