Saturday, December 20, 2025
27.9 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

BUA Foods Hosts Minister of State for Industry, NSDC on Tour of LASUCO Sugar Company  

  BUA Foods Plc recently hosted the Hon. Minister of State for Industry,...

PenCom Unveils PenCare Initiative for Retirees Across Nigeria

The National Pension Commission (PenCom) has established the PenCare...

Nigeria: Digital Economy Revenue to Top $18.30bn by 2026

L-R: Garba Kurfi, Managing Director/CEO, APT Securities and Funds...

CBN Liquidates Aso Savings and Loans, Union Homes Savings and Loans 

As part of its efforts to re-position the mortgage...

Topics

9mobile on the Verge of Collapse

The decision of Teleology Holdings Limited to exit 9mobile...

Profit Taking Reverses Bullish Run… ASI Down 27bps

Yesterday, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index...

3D Printing in Africa, Middle East Target $1.3bn in 2019

Spending on 3D printing in the Middle East and...

UN Commends Sterling One Foundation on Africa Social Impact Summit 

L-R: United Nations Resident Coordinator, Dr. Matthias Schmale; Vice...

Nigeria Records 2.7m Smartphone Shipments in Qtr 2

A total of 22.4 million smartphones were shipped in...

African Alliance: ‘Business Continuity Process Drives Performance Post-Pandemic’

The management of African Alliance Insurance Plc said the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img