Wednesday, October 15, 2025
31.5 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

Team Nova Triumphs at Innovista Hackathon 1.0 with Game-Changing HealthTech App

The curtain has officially closed on the inaugural Innovista...

New Energy Solar Redefines Solar Installation Business in Nigeria

With many years of experience as a Solar energy...

Zenith Bank Marks Successful Public Offer, Achievement of Recapitalisation at NGX

Zenith Bank Plc yesterday marked a significant milestone with...

Fela’s Afrobeat Rebellion Aligns with Ecobank’s Commitment to Promoting African Heritage

Ecobank Nigeria says the ongoing “Fela Kuti: Afrobeat Rebellion”...

Topics

NDLEA Chief, Buba Marwa, to Deliver Realnews 10th Anniversary Lecture Nov 17

The Management of Realnews Magazine and Publications Limited, publishers...

International Women’s Day 2023: ‘STI Believes in a World of Equality’

  As the world gets set to celebrate the International...

The NAICOM 5-Point Plan to Drive Insurance Growth in Nigeria

(4th Left): Mr. O. S. Thomas, Commissioner for Insurance/CEO,...

Bosch, P&G, Maersk Boost FDI in Nigeria with $3bn

Procter & Gamble, AP Moeller-Maersk A/S, the world's largest shipping container line, and German company, Bosch have announced plans to increase their investments in Nigeria as they seek to expand their operations. Procter and Gamble recently invested an additional $300 million for the expansion of its manufacturing plant in Agbara Industrial estate in Ogun State. P&G’s President for India, Middle East &Africa, Mohammed Samir, said the company’s commitment to growth and development of Nigeria is reflected in its continued investment in the country.

Sanlam Nigeria Fosters Team Spirit with Inter-House Sports Event

Sanlam Nigeria, a leading insurance company, comprising Sanlam Life...

Fidelity Bank Plc Donates Maternity Kits to Pregnant Women in Yaba, Lagos

Fidelity Bank Plc, a leading financial institution, has donated...

Oxfam Report: 62 People Richer Than Half of World Population

The richest 62 people in the world control more...
spot_img

Related Articles

Popular Categories

spot_imgspot_img