Renewable Energy Sector generates record breaking Jobs

RENEWABLE

With wide expansion in the renewable sector, the employment opportunities are also increasing by leaps and bounds. The overall jobs created in the energy sector were more than 5,00,000 globally in 2017. 70 percent of the jobs created in the energy industry is by the Renewable Energy. China, Brazil, US, Germany, and Japan are the major employers in Renewable Sector.

The total no. of people employed in the Renewable energy sector grew from 5.3 percent to 10.3 million according to the International Renewable Energy Agency(IRENA). Adnan Z Amin, Director General of IRENA said:

The new data supports the agency’s analysis that decarbonisation of the global energy system can grow the global economy and create up to 28 million jobs in the sector by 2050.

According to the report:

“Although growing numbers of countries are reaping the socio-economic benefits of renewables, the bulk of manufacturing takes place in relatively few countries and domestic markets vary enormously in size. Sixty per cent of all renewable energy jobs are in Asia,”

Solar PV industry is the biggest employer of all the renewable energy technology. The jobs in solar increased 9 percent from 2016 to about 3.4 million jobs with a record installation of 94 GigaWatt in 2017.

Japan and the United States even with the slight dip in the figures along with China constitute the top players of the Solar PV employment in the world. Followed by India and Bangladesh constitute the top 5 markets. Combined together they generate 90 percent of the global Solar PV Jobs.

F R Ferroukhi, head of IRENA’s policy unit and deputy director of knowledge, policy, and finance said:

“By providing policy makers with this level of detail about the composition of renewable energy employment and skills requirements, countries can make informed decisions on several important national objectives, from education and training, to industrial policies and labour market regulations”

On the other hand, the jobs in the wind sector contracted to 1.15 million. The reason for this decrease is the availability of wind in a small number of countries. Out of this 44 percent of the wind energy employment comes from China.

Source: ETEnergyworld

 

A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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A group of tech enthusiasts who are tracking latest developments in CleanTech with special focus on Energy Storage and Electric Mobility

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