IEA Sees Solar PV To Become World’s Largest Power Capacity By 2027
Renewables To Become Largest Source Of Global Electricity Generation By Early 2025 With Wind & Solar PV Accounting For Almost 20% Global RE Share In 2027, Says IEA
The International Energy Agency (IEA) has offered an upward revision of its renewable power forecast—its ‘largest ever.’ The Renewables 2022 – Analysis and Forecast to 2027 report expects renewables to grow by almost 2.4 TW during 2022-.
IEA Releases Its 1st World Energy Employment Report
Low-Carbon Power Generation, Mainly Solar & Wind, Employs 7.8 Million ‘On Par With Oil Supply’
In its 1st ever comprehensive report on employment in the energy sector, the International Energy Agency (IEA) sees clean energy surpassing the 50% mark for its share of total energy employment globally with solar PV employing an estimated 3.4 millio.
IEA Calls For Diversified Solar Supply Chains
Governments Need To Pay More Attention On Facilitating Local PV Manufacturing, According To IEA Report On PV Supply Chains
By 2025, China is likely to control 95% of global polysilicon, ingot, wafer production, up from 80% now, going by the manufacturing capacity under construction in the world’s largest PV market.
Plan To Reduce EU’s Russian Gas Reliance
IEA Recommends EU To Ensure Record Additions Of Solar PV & Wind In 2022 Via Concerted Policy Effort
Faster deployment of new wind & solar energy projects in the European Union (EU) in 2022 among other measures that need to be implemented within this year could bring down the block’s reliance on gas imports from Russia by over 1/3rd, says the International Energy Agency (IEA).
World Energy Outlook 2021 Launched
IEA: World Must Send Clear & Unmistakable Signal To Invest In Clean Energy
If all nations of the world meet their climate pledges as promised on time, the world can expect to bend the global emissions curve down. If this happens, the demand for fossil fuel will peak by 2025, and global emissions fall by 40% by 2050.
70% Of New Generation Investment In 2021 For Renewables
IEA: $1.9 Trillion Global Energy Investment Expected In 2021, With Renewables—Led By Solar PV—Claiming 70% Of All New Generation Capacity Investment
Renewables are taking a large part of global investment in clean energy and energy efficiency since 2017, as the IEA graph here shows, but the agency believes to meet climate objectives, this would need to double in the 2020s to maintain global temperatures well below a 2°C rise and more than triple to ‘keep the door open for a 1.5°C stabilization’.
IEA Wants 630 GW Annual Solar PV Additions From 2030
IEA Releases Net Zero by 2050 Roadmap For Global Energy Sector; Recommends Solar PV Capacity Additions Growing To 630 GW/Year By 2030, & Wind To 390 GW/Year
According to the IEA, the world still hasn’t exactly missed the bus to limiting the global temperature rise to 1.5 °C if only we can achieve net zero carbon emissions by 2050, with the help of solar PV, wind and other factors that it mentions in its latest report.
Global PV Additions By 2023 To Cross 110 GW
International Energy Agency’s Renewables 2018 Sees Solar PV Growing To 575 GW Between 2018 To 2023 Supported By Current Policies; Demand To Slow Down Even With Friendly Policy Environment Thanks To Slower Chinese PV Growth
Solar PV technology will continue to drive renewable energy expansion globally, growing almost 600 GW by 2023 and reaching 1 TW capacity by the end of it.
IEA PVPS Publishes 2 New Reports
New IEA PVPS Task 13 Reports Aim To Help Improve Operation, Reliability, Electrical And Economic Output Of PV Systems And Subsystems
The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) has published 2 new reports that look at the performance and reliability of PV systems.
