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Fortune
Fortune
Business
Tristan Bove

Countries are turning to ‘structurally more resilient’ energy sources as oil and gas crisis deepens, UN renewables chief says

Workers on the production line of solar panels in China (Credit: Xu Changliang—VCG/Getty Images)

The story of the energy transition in 2025 was one of fast-paced growth and global adoption. That trend was always likely to continue this year, but the war in Iran may be giving it a fresh geopolitical push.

Renewable power accounted for 85.6% of all new energy capacity installed worldwide last year, according to a report released Wednesday by the International Renewable Energy Agency (IRENA), a UN body. Renewables now make up a record 49.4% of the world’s energy capacity, up from 46.3% in 2024.

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