# Renewables Growth Rate Insufficient To Reach 2030 Target, Says IRENA

**URL:** <https://onehack.st/t/renewables-growth-rate-insufficient-to-reach-2030-target-says-irena/286716>\
**Category:** News & Articles\
**Tags:** technology\
**Created:** [July 12, 2024, 9:57am UTC](https://onehack.st/t/renewables-growth-rate-insufficient-to-reach-2030-target-says-irena/286716 "2024-07-12T09:57:26Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Nina](https://onehack.st/user_avatar/onehack.st/nina/32/86958_2.png) [@Nina](https://onehack.st/u/Nina)\
**Post date:** [July 12, 2024, 9:57am UTC](https://onehack.st/t/renewables-growth-rate-insufficient-to-reach-2030-target-says-irena/286716/1 "2024-07-12T09:57:26Z")

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**Summary:**

1. The world risks **missing** the goal to **triple renewable energy capacity** by **2030** , as current growth rates are **inadequate** , according to IRENA.

2. Last year’s **14% increase** in capacity added **473 GW** , the largest annual growth since 2000, but below the **16.4% annual rate** needed to meet the target.

3. If the **14% rate** continues, the **11 TW target** will fall **1.5 TW short** , highlighting the need for increased efforts.

[Read more on Reuters](https://www.reuters.com)