The gap between G7 countries and the rest of the world in the field of green energy continues to grow. The total capacity of new solar and wind projects in the G7 nations remains three times lower compared to China, which holds absolute leadership in global renewable energy development.
This is reported by Finway
Global Trends in Renewable Energy Development
Since 2024, the global volume of new solar and wind energy projects has increased by 11%, reaching 500 GW. The total capacity of planned and under-construction projects is expected to reach a record 4900 GW by 2025. More than 30% of this new generation comes from China, which is building 1500 GW of capacity — nearly three times the total output of all G7 countries combined.
The G7 consists of the USA, the UK, Germany, France, Italy, Japan, and Canada. Collectively, these countries are currently adding only 520 GW of new solar and wind energy. Significant growth in clean energy is also demonstrated by Brazil (401 GW), Australia (368 GW), India (234 GW), the USA (226 GW), Spain (165 GW), and the Philippines (146 GW).
“The center of new clean energy development has noticeably shifted towards developing countries. By 2025, G7 countries, despite their wealth, will have significantly lagged behind China and other countries in terms of annual capacity growth,” emphasizes Diren Kodjakushak, a GEM analyst.
Structure of New Generation and Factors Slowing Growth
In 2025, the majority of new capacities worldwide will be wind energy — 2700 GW, while large solar power plants will contribute an additional 2200 GW. However, the pace of clean generation growth is slowing: according to GEM estimates, the growth rate in 2024 was 24% higher than in 2023.
A notable reduction has occurred specifically in the wind generation sector. Experts attribute this to political barriers and unsuccessful auctions. In particular, in 2025, there were no bids submitted for offshore energy auctions in the Netherlands and Germany, and Denmark even canceled its auctions due to a lack of participants in 2024.
It is expected that by 2030, renewable energy sources, along with nuclear energy, will account for half of the global electricity demand. Currently, the volumes of clean generation have already surpassed those of coal. At the same time, European countries have agreed to create a large-scale offshore wind farm with a capacity of 100 GW — wind turbines on the North Sea coast will supply electricity directly through an interconnector network.