Events
Massive expansion of renewable power opens door to achieving global tripling goal set at COP28
World added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet, but lack of financing for emerging and developing economies is key issue
The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the goal of tripling global capacity by 2030 that governments set at the COP28 climate change conference last month, the IEA says in a new report.
The amount of renewable energy capacity added to energy systems around the world grew by 50% in 2023, reaching almost 510 gigawatts (GW), with solar PV accounting for three-quarters of additions worldwide, according to Renewables 2023, the latest edition of the IEA’s annual market report on the sector. The largest growth took place in China, which commissioned as much solar PV in 2023 as the entire world did in 2022, while China’s wind power additions rose by 66% year-on-year. The increases in renewable energy capacity in Europe, the United States and Brazil also hit all-time highs.
The latest analysis is the first comprehensive assessment of global renewable energy deployment trends since the conclusion of the COP28 conference in Dubai in December. The report shows that under existing policies and market conditions, global renewable power capacity is now expected to grow to 7 300 GW over the 2023-28 period covered by the forecast. Solar PV and wind account for 95% of the expansion, with renewables overtaking coal to become the largest source of global electricity generation by early 2025. But despite the unprecedented growth over the past 12 months, the world needs to go further to triple capacity by 2030, which countries agreed to do at COP28.
Alongside the report, the IEA also released a new Renewable Energy Progress Tracker, which allows users to explore historical data and forecasts at the regional and country level, including tracking progress towards the tripling goal.
“The new IEA report shows that under current policies and market conditions, global renewable capacity is already on course to increase by two-and-a-half times by 2030. It’s not enough yet to reach the COP28 goal of tripling renewables, but we’re moving closer – and governments have the tools needed to close the gap,” said IEA Executive Director Fatih Birol. “Onshore wind and solar PV are cheaper today than new fossil fuel plants almost everywhere and cheaper than existing fossil fuel plants in most countries. There are still some big hurdles to overcome, including the difficult global macroeconomic environment. For me, the most important challenge for the international community is rapidly scaling up financing and deployment of renewables in most emerging and developing economies, many of which are being left behind in the new energy economy. Success in meeting the tripling goal will hinge on this.”
“This report is the first key instalment of the IEA’s follow-up work on the energy outcomes of COP28 that will continue throughout 2024 and beyond,” Dr Birol said. “This is based on the five key pillars we set out ahead of COP28 and covers tripling renewables, doubling energy efficiency, cutting methane emissions, transitioning away from fossil fuels, and scaling up financing for emerging and developing economies. We will be following very closely to see whether countries are delivering on their promises and implementing appropriate policies.”
What is needed to triple renewables by 2030 varies significantly by country, region and technology. The report lays out an accelerated case in which more rapid policy implementation drives renewable power capacity growth 21% higher than in the main forecast, which would push the world towards being on track to meet the global tripling pledge.
In advanced and large emerging economies, this would mean addressing challenges such as policy uncertainty in a fragile economic environment, insufficient investment in grid infrastructure to accommodate greater shares of renewables, and cumbersome administrative barriers and permitting delays. In other emerging and developing economies, access to finance, strong governance and robust regulatory frameworks are essential to reduce risk and attract investment, including establishing new targets and policies in countries where they do not exist yet.
Solar PV and onshore wind deployment through 2028 is expected to more than double in the United States, the European Union, India and Brazil, compared with the last five years. Prices for solar PV modules in 2023 declined by almost 50% year-on-year, with cost reductions and fast deployment set to continue. This is because global manufacturing capacity is forecast to reach 1 100 GW by the end of 2024, significantly exceeding demand. By contrast, the wind industry (outside of China) is facing a more challenging environment due to a combination of ongoing supply chain disruption, higher costs and long permitting timelines, which require stronger policy attention.
The report also provides a reality check on the momentum behind renewable-based hydrogen, assessing how many announced projects are likely to go ahead. Of all the projects announced worldwide to use renewables to produce hydrogen this decade, only 7% of the proposed capacity is expected to come online by 2030. The slow pace of projects reaching an investment decision combined with limited appetite from off-takers and higher production costs have led to slower progress on many projects. To fully convince investors, ambitious project announcements will have to be followed by consistent policies supporting demand.
In 2023, the role of biofuels has also come to the fore. Emerging economies, led by Brazil and India, are expected to drive 70% of global demand over the next five years as biofuels start to show their true potential in hard-to-abate sectors such as air travel and as a replacement for highly polluting fuels like diesel. While biofuels deployment is accelerating, the report shows that this is not happening quickly enough, with a significant increase required in demand by 2030 needed to align biofuels with a net zero pathway.
One of Türkiye’s most important gatherings for the wind energy sector, the Türkiye Wind Energy Congress (TÜREK) 2026, will take place on 12–13 May 2026 in Ankara. Organized by the Turkish Wind Energy Association (TÜREB), the congress is expected to bring together industry representatives, investors, public authorities and technology providers.
The event will be hosted at Sheraton Ankara Hotel & Convention Center. Discussions during the congress are expected to focus on key topics such as wind energy investments, energy transition policies, grid infrastructure, storage technologies and offshore wind developments.
Held annually, the TÜREK Congress has become a key platform for the wind energy industry in Türkiye. Panels and technical sessions provide an opportunity for stakeholders to assess the current state of the sector while discussing future strategies and policy developments.
With Türkiye’s wind power capacity continuing to grow and new investment projects emerging across the country, TÜREK remains an important meeting point for project developers, equipment manufacturers and technology providers seeking collaboration opportunities within the sector.
Wind Energy Magazine among media partners
Wind Energy Magazine, a sector-focused publication covering developments in the Turkish wind industry, is among the media partners of TÜREK 2026. The magazine will continue to share updates and sector insights related to the event with its international readership.
Further information about TÜREK 2026 and the event programme can be found on the official website of the Turkish Wind Energy Association (TÜREB).
Izmir has become the Capital of Wind Energy with its Wind Power Plants, Blade and Tower Production Facilities, Engineering, Consultancy, R&D, Installation, Service, Maintenance Companies, Sub-industries, Project Developers, Measurement and Testing Firms, Investors, and Associations and Professional Chambers operating in the field of wind energy.
The 8th IZMIR WIND SYMPOSIUM and EXHIBITION, to be organized by TMMOB Chamber of Electrical Engineers, Chamber of Civil Engineers and Chamber of Mechanical Engineers Izmir Branches at MMO Tepekule Congress and Exhibition Center on 28-29 November 2025, is one of the events with the most intense technical content of the sector. We are excited to come together with the components of the sector in Izmir, the “Capital of Wind Energy”, and organize this important event.
The 8th IZMIR WIND SYMPOSIUM AND EXHIBITION serves as a platform where sector stakeholders come together to discuss the latest developments in the field of wind energy and share future technologies. In addition to technical sessions, it aims to contribute to the collaboration between academia, industry, and society by addressing the latest academic advancements.
Symposium Schedule
Monday, June 30, 2025
Submission of abstracts to the symposium secretariat
Friday, July 25, 2025
Evaluation of abstracts and notification of results to authors
Friday, August 29, 2025
Submission of full-text papers to the symposium secretariat
Monday, September 29, 2025
Evaluation of full-text papers and notification of results to authors
Abstracts that receive preliminary approval from the Scientific Committee will be evaluated once the full text is submitted and included in the program accordingly.
The required abstract submission form, paper writing guidelines, and sample paper template are available on our website. Once your abstract is accepted, you can send your full-text papers to izmir@ruzgarsempozyumu.org by the specified deadlines.
Exhibition
Companies producing products and services in the wind energy sector will have the opportunity to communicate with sector stakeholders and symposium participants in the exhibition area. To reserve a spot in the exhibition or obtain more information, please contact us at izmir@ruzgarsempozyumu.org or visit www.ruzgarsempozyumu.org.
Events
IEG: with the new edition of key – the energy transition expo the sustainable future takes shape
A larger exhibition area with a redesigned event layout to increase business and networking opportunities. Greater international scope with the involvement of an increasing number of buyers, delegations and qualified operators from all over the world. Focus on innovation and the green skills needed to achieve the energy transition. New projects and thematic areas for a complete view of the energy of the future.
These are the credentials with which the new edition of KEY – The Energy Transition Expo, the event organised by IEG (Italian Exhibition Group) on energy transition and efficiency, a reference point in Europe, Africa and the Mediterranean basin, is presenting itself.
The new appointment, scheduled from 5th to 7th March 2025 at Rimini Expo Centre, is set to become the largest ever, breaking its own records starting from the number of exhibiting brands, expected to increase by more than 20%.
KEY’s Technical-Scientific Committee’s schedule of meetings will also be brimming with international events, confirming the event as a unique opportunity for training, information and professional updating, even on topics not previously addressed at the event, such as nuclear power and Artificial Intelligence. They will range from agrivoltaics to Renewable Energy Communities, green residential and industrial redevelopment, electric mobility, hydrogen, the role of local administrations, reflections on energy cost containment, regulatory aspects and new financial opportunities.
KEY 2025 will consolidate its role as a global reference network capable of bringing together all the players involved in the energy transition and favouring meetings, debates and dialogue with the Institutions. The aim it to create a system and contribute to speeding up the decarbonisation process. Moreover, the event also provides a privileged opportunity for companies and professionals that want to rationalise their consumption and reduce the energy and environmental impact of their activities, to learn about possible solutions and the latest technologies available on the market.
The new layout
With over 90,000 m2 of exhibition area, KEY’s new layout includes the very first opening of the West Entrance, an addition to the South and East Entrances. The layout of the halls has also been reorganised, a total of 20 compared to the 16 at the 2024 edition, equally distributed along the East and West wings of the Expo Centre. The seven product sectors – solar and photovoltaic, wind energy, hydrogen, energy storage, energy efficiency, electric mobility and sustainable cities – are all confirmed, flanked by special areas dedicated to transversal projects, networking, innovation and training.
The new arrangement aims to plot a defined exhibition route through the seven, well-defined yet interconnected thematic areas, maximise existing synergies and improve the visitor experience. Furthermore, the variety of sectors represented at KEY will make it possible to create specific routes with personalised in-depth discussions.
The layout’s new features include an enhancement of the hydrogen area and a thematic focus on ports:
HYPE – Hydrogen Power Expo supported by Hydrogen & Fuel Cells: a real trade show organised by Italian Exhibition Group and Hannover Fairs International GmbH (HFI), the Italian branch of Deutsche Messe AG, where the topic of hydrogen and its importance for the energy transition will be explored
Support – Sustainable Ports for Energy Transition: an exhibition focus, to be inaugurated at KEY 2025, dedicated to the electrification of port docks, essential for reducing emissions, promoting sustainability in ports and accelerating the development of off-shore wind power, particularly floating wind farms.
Enhancing green talent and skills
For the first time, KEY will host the Green Jobs & Skill initiative to foster the encounter between labour market supply and demand with the aim of helping to bridge the green skills gap that is still common within companies. The project is a valuable training and career guidance opportunity for students and young workers, but also an opportunity for companies to meet potential candidates and intercept the most promising talents.
The first KEY Call for Papers is addressed to scholars, researchers, professionals and innovators: participants will be able to submit their own abstract on renewable energy and energy transition topics. The selected papers will be published by the new scientific journal QualEnergia Scienze and some of them may also be discussed in the conferences organised during the three-day event.
For more information about registration and participation in the Energy Transformation Fair, you can access it via the QR code below.
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