Renewable Energy and Jobs: Annual Review 2016
The renewable energy sector employed 8.1 million people, directly or indirectly, in 2015. In addition, large hydropower accounted for another 1.3 million direct jobs in 2015 . Renewable energy markets and employment continued to be shaped by favourable policy frameworks in several countries, regional shifts in deployment and increased labour productivity. Enabling policy frameworks remained, indeed, a key driver of employment. In India, for example, national and state level auctions put ambitious solar targets into action and created jobs. Wind energy auctions in Brazil, coupled with financing rules to encourage local content, created job opportunities throughout the value chain. In the United States, federal investment tax credits, working in tandem with state level net metering and renewable portfolio standards, helped sustain the growth of jobs in the solar industry.