China and India are advancing global green energy development, while G7 countries lag behind progress.

Brief overview of the current state of global investment in “green” energy

Indicator 2024 y 2025 y Total planned volume of wind and solar projects (GW) 4 400 4 900 Increase from previous year +500 GW (+11 %) Projects in developing countries – ~90 % increase

What is happening?
1. Shift of leaders

- Over the past three years, the “Big Seven” (G7) has slowed the pace of renewable energy development, even reducing planning for new projects.

- Major emerging economies – China and India – have responded by multiplying their plans.

2. Record growth in 2025

The Global Energy Monitor (GEM) agency reported that worldwide, wind and large-scale solar power plants with a total capacity of 4 900 GW are being built or planned – an increase of +500 GW compared to 2024.

3. China leads

- New “green” projects in China exceeded 1 500 GW, more than the combined capacities of the next six countries: Brazil (401 GW), Australia (368 GW), India (234 GW), USA (226 GW), Spain (165 GW) and the Philippines (146 GW).

4. G7 lags

- In G7 countries only 520 GW of new wind and solar projects are planned – 11 % of the global volume, despite their economic clout.

- This threatens the leadership of Western nations in a rapidly growing sector.

5. Stability of G7 plans

According to GEM, G7 plans for wind and solar energy have changed little since 2023, while Asian countries show dynamic development.

6. Slowing global growth

- The expansion rate of new project markets fell from 22 % in 2024 to 11 % in 2025.

- The share of wind projects declined, while solar remained around ~2 200 GW.

7. Reasons for slowdown

- Political barriers and failed auctions: for example, offshore wind auctions in Germany and the Netherlands in 2025 attracted no bids, and a Danish auction was cancelled due to lack of participants.

8. China and India – construction leaders

- In 2025, about 758 GW of wind and solar power plants were under construction; roughly three‑quarters of this capacity is in China and India.

- Both countries are also reducing coal electricity generation, indicating a diversified approach to decarbonization.

Conclusion
The current dynamics show that “green” energy is shifting toward emerging markets. Western economies risk falling behind in this critically important sector unless they revise their strategies and strengthen support for new projects.