Two‐dimensional (2D) materials have attained widespread research interest in renewable energy generation and storage applications. The 2D materials hold the potential to overcome limitations in the classic renewable energy harvesting technology and are expected to revolutionize the standard materials with magnificent performance and low production cost in the future era of renewable energy. In this article, we review certain novel 2D materials for renewable energy devices with a special focus on electrochemical‐based hydrogen generation approaches as green, clean, and zero‐carbon fuels. Besides, the article covers the atmospheric CO
2
reduction approach for the synthesis of hydrocarbon fuels and conversion of H
2
into ammonia through N
2
reduction using 2D material–based photo/electrocatalytic pathways.