According to a recent report, global wind and solar energy development reached an all-time high last year, with China and developing countries significantly outpacing the G7 nations. Data from the non-profit media outlet Carbon Brief indicates that the total capacity of wind and solar projects under construction or planned worldwide will reach 4900 gigawatts (GW) by 2025, with an expected increase of 11% (500 GW) after 2024. This expansion is predominately driven by China and other developing nations, splitting into 2700 GW for wind and 2200 GW for solar power. China has overwhelmingly dominated this sector with over 1500 GW of renewable energy projects, accounting for more capacity than the combined total of the next six countries: Brazil (401 GW), Australia (368 GW), India (234 GW), the United States (226 GW), Spain (165 GW), and the Philippines (146 GW). In stark contrast, the G7, which collectively holds about half of the world's wealth, represents only 11% (520 GW) of the total wind and solar energy project initiatives globally. Moreover, it appears that the G7 nations, despite their substantial economic clout, have made little progress in increasing their renewable energy capacities since 2023. Analysts warn that the G7 is at risk of losing leadership in the rapidly growing renewable energy sector to China and other developing countries. Diren Cocakushak from Global Energy Monitor expressed that the center of new clean energy is undoubtedly shifting to emerging economies and developing nations, suggesting that by 2025, wealthy G7 countries are likely to fall behind both China and other nations in terms of the projected growth rate of energy capacity developments.