For the last two years more than 90% of new power generation capacity added globally was renewable. Est 95% in 2025. So no, new carbon sources are not competitive.

https://www.wri.org/insights/state-clean-energy-charted

Highly misleading stat. That's referring to capacity expansion, not new construction.

Prior energy assets go offline and are replaced each year. The report you cite is discounting all of that, looking only at expansion above the baseline, then taking total renewable construction and calcuating renewable total construction's share of expansion. Apples to oranges.

If you look at the chart in your own link you'll see that carbon construction investment exceeds renewables still.

Chart: "Annual energy investment by selected country and region, 2015 and 2025"

I would love for what you say to be true but it just isn't, even by that agency's own stats.