Renewable energy hits global tipping point for even lower costs, UN says

The global switch to renewable energy has passed a "positive tipping point", and solar and wind power will become even cheaper and more widespread, according to two reports. Last year, 74 percent of the growth in electricity generated worldwide was from wind, solar and other green sources, according to a report compiled by multiple United Nations agencies called Seizing the Moment of Opportunity. It was published on Tuesday. It found that 92.5 percent of all new electricity capacity added to the grid worldwide in 2024 came from renewables. Meanwhile, sales of electric vehicles were up from 500,000 in 2015 to more than 17 million in 2024.