Global Electricity Landscape Set for a Transformation by 2028

Renewable energy is poised to surpass coal as the leading source of global electricity by early 2025, indicating a significant transformation in the worldwide energy landscape by 2028. Backed by supportive policies across more than 130 nations, nearly 3,700 gigawatts of fresh renewable energy capacity will be added between 2023 and 2028. Solar PV and wind power will drive 95% of this growth, offering more cost-effective generation options compared to both fossil and non-fossil fuel alternatives. By 2028, global renewable energy production is projected to reach around 14,400 terawatt-hours, marking a substantial 70% surge from 2022. Over the ensuing five years, various key milestones in renewable energy are anticipated:

In 2024, variable renewable energy generation outpaces hydroelectric power.

By 2025, renewables exceed coal-fired electricity generation.

In the same year, wind outstrips nuclear electricity generation.

By 2026, solar PV overtakes nuclear electricity generation.

And in 2028, solar PV outperforms wind electricity generation.

In the global transition towards renewable energy, Zomwell Energy, as a trailblazer in the new energy sector, is emerging. Our commitment to sustainable development drives us to contribute to this transformation. With a range of clean energy products including solar panels, inverters, energy storage batteries, and energy storage solutions, We are playing a role in advancing renewable energy

As the world moves towards a renewable energy-driven future, Zomwell Energy will continue to dedicate itself to fostering positive change and creating a brighter, cleaner future for generations .