According to an IRENA and ILO analysis, this significant development was driven by reducing solar panel costs and supportive government policies

Description

In 2023, the world added 347 gigawatts (GW) of solar energy, up 74% from the previous year. According to an IRENA and ILO analysis, this significant development was driven by reducing solar panel costs and supportive government policies.

Key Contributors

China was the largest contributor to this solar energy boom, accounting for 63% of the new capacity (216.9 GW). Other prominent countries, including the United States, Germany, Brazil, India, Spain, Italy, the Netherlands, Japan, and Australia, added a combined 83.4 GW. Europe alone boosted its solar energy capacity by more than 54 GW, while the United States added over 25 GW.

Employment Growth

The explosion in solar energy has resulted in a significant increase in employment. Global employment in the solar photovoltaic (PV) sector increased to 7.1 million in 2023, from 4.9 million in 2022. The majority of these jobs were in China, accounting for 4.6 million positions. Europe has over 757,500 solar jobs, primarily in the EU, while India employed 318,600 individuals in this sector. The United States and Brazil also had strong job growth, with 280,000 and 264,000 solar jobs, respectively.

Decentralized Renewable Energy (DRE)

Decentralized renewable energy (DRE) is critical for providing clean electricity in rural places. DRE technology will have provided over 307,000 jobs in nations such as India, Kenya, Nigeria, Uganda, and Ethiopia by 2023. However, specific data in this area remains fairly sparse.

Policy Recommendations

The report emphasizes the need for comprehensive policies to sustain prosperity and ensure a fair energy transition. Public, business, and civil society organizations must collaborate to develop environmental, economic, and socially sustainable energy systems. The emphasis should not only be on new technologies, but also on creating excellent jobs and engaging communities in the energy transition.

The solar energy sector experienced significant growth in 2023, demonstrating the importance of strong legislation and community involvement in achieving a sustainable energy future.

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