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The world’s total installed renewable energy amounted to almost 2,800 Gigawatts in 2020. According to data presented by TradingPlatforms, China has an installed renewable energy capacity of 895 gigawatts - larger than the next 5 nations combined.
Editorial office / Beijing

In 2020, China accounted for nearly a third (32%) of the world’s installed renewable energy capacity with 895 Gigawatts. The next on the list is the US with a distant 292 Gigawatts. In fact, the next five countries on the list after China had a combined capacity that is less than China’s.

The US, Brazil, India, Germany and Canada had a combined capacity of 809 Gigawatts in 2020. Japan was the only other country to have a capacity greater than 100 gigawatts, while Italy and France both had capacities of 55 Gigawatts in 2020 to close out the top 10.

Total renewable energy capacity increased by 10% in 2020 from 2538 Gigawatts to 2799. From 2015-2020 Total installed renewable energy capacity grew at a compound annual growth rate (CAGR) of 8.67%. Several various types of renewable energy also experienced varying levels of growth.

In 2020 hydro energy, bioenergy and geothermal energy all experienced modest growth of between 1% and 2%. Wind energy experienced an almost 18% growth, while solar grew 21.6%

More information can be found on the TradingPlatforms website.

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