Listen: Jobs in renewable energy hit 10.3 million last year, report finds

 

Over 500,000 new jobs were generated by the renewable energy industry last year, a 5.3 percent rise when compared to 2016, according to a report.

The number of people working in the renewable energy sector — including large hydropower — hit 10.3 million in 2017, the International Renewable Energy Agency (IRENA) study said.

The world’s biggest renewable energy employers were China, Brazil, the U.S., India, Germany and Japan. Altogether, these countries represented over 70 percent of jobs in the industry globally.

“Renewable energy has become a pillar of low-carbon economic growth for governments all over the world, a fact reflected by the growing number of jobs created in the sector,” Adnan Z Amin, director general of IRENA, said in a statement.

“The data also underscores an increasingly regionalized picture, highlighting that in countries where attractive policies exist, the economic, social and environmental benefits of renewable energy are most evident,” Amin added.

“Fundamentally, this data supports our analysis that decarbonization of the global energy system can grow the global economy and create up to 28 million jobs in the sector by 2050.”

Breaking the figures down, IRENA said that the solar photovoltaic industry employed the largest amount of people, with almost 3.4 million working in that sector. China remained a solar powerhouse, and accounted for an estimated two-thirds of solar PV jobs, or 2.2 million.

In the wind energy sector, IRENA noted a slight contraction in the market last year, with 1.15 million jobs recorded. China again led the way, accounting for 44 percent of employment.

Follow us on social media for the latest updates in B2B!

Image

Latest

Women's empowerment
Seizing the Narrative: The Transformative Impact of Storytelling on Women’s Empowerment
April 19, 2024

With gender equality becoming a significant global agenda, the narrative around women’s empowerment is more relevant than ever. Amid rising awareness and shifting societal norms, women are increasingly seeking avenues for self-expression and empowerment. A recent study by the Global Gender Gap Report highlights that while progress is being made, substantial efforts are still […]

Read More
V2G technology
Plug into the Future: Decoding V2G for Utility Applications
April 19, 2024

Brian Rudy from Verizon IoT and Melissa Chan of Fermata Energy explore the cutting-edge potential of vehicle-to-grid (V2G) technology at DISTRIBUTECH 2024. Their discussion highlights how this innovation transforms electric vehicles into dynamic energy storage units, capable of stabilizing the grid by storing and discharging power as needed. This technology represents a significant shift […]

Read More
zero trust architecture
Secure Grid Modernization with Zero Trust Architecture
April 19, 2024

Ray Bauer of Verizon Business engages with Del Rodriguez from Palo Alto Networks at DISTRIBUTECH 2024. Rodriguez shares insights into the significance of cybersecurity within the utility sector, particularly in light of increasing cyber threats and the convergence of IT and operational technology (OT). Bauer and Rodriguez discuss Palo Alto Networks’ initiatives to enhance […]

Read More
private wireless networks
Private Wireless Networks
April 19, 2024

Verizon host Wayne Weeks discusses the evolving utility industry with John Gaster, CEO of KSI Data Sciences at DISTRIBUTECH 2024. Together, they explore how KSI focuses on harnessing data from remote sensing devices to enhance the safety, efficiency, and cost-effectiveness of utility operations. Gaster emphasizes the significant role of AI and machine learning in […]

Read More