Solar Attracting Big Bucks
IEA Says Solar To Lead Clean Energy Investments in 2023, Attracting Over $1 Billion/Day
In 2023, global investment in clean energy is forecast by the International Energy Agency (IEA) to rise to $1.7 trillion out of $2.8 trillion to be invested in energy with solar getting more than upstream oil for the 1st time ever—in absolute terms.
New Report On Clean Energy Technology Manufacturing
Global Clean Energy Technology Manufacturing Worth $650 Billion Annually By 2030; Solar PV Likely To Remain Concentrated In China Till 2027: IEA
Global solar PV manufacturing expansion plans, as announced under net zero emissions by 2050 (NZE) Scenario, boosting overall module production capacity to around 790 GW by 2027 are on well on track to satisfy projected demand by 2030, according to t.
IEA Pegs 60 GW Potential New Solar PV In EU In 2023
Accelerate Renewable Energy Deployment In EU To Brace For Possible Gas Deficit In 2023, Recommends IEA; Says Solar PV Deployment Next Year Can Grow To 60 GW & Onshore Wind To 25 GW
As the European Union (EU) seems to manage and remain ‘safe’ in 2022 winter with just enough gas, this may change in the winter of 2023/24.
IEA More Positive On Solar
If World Delivers On Current Climate Pledges, Solar PV Deployment By 2030 Can Add Up To 370 GW Annually Soon
The International Energy Agency (IEA) estimates the world needing to invest above $4 trillion on clean energy investment under Net Zero Emissions (NZS) scenario by 2030 to reduce the risks of future price spikes and volatility, as deployment of solar.
IEA: Only 1% Global Solar PV Capacity In Africa
Africa Can Install 125 GW Solar Capacity Between 2021 & 2030 Under IEA’s SAS Scenario In New Africa Energy Outlook
Africa holds only 1% of the world’s installed solar PV capacity, however under the Sustainable Africa Scenario (SAS) in the International Energy Agency’s (IEA) new energy outlook report, there is potential for 125 GW solar to be added between 202.
IEA Expects 320 GW Global RE Capacity In 2022
Solar PV Additions To Grow 25% YoY To 190 GW In 2022, Driven By Utility Projects In China & EU
Strong policy environment in China and the European Union (EU) will encourage faster deployment of utility scale solar power projects leading to the commissioning of 190 GW new solar in 2022, and reach almost 200 GW in 2023, according to the International Energy Agency (IEA).
IEA Says Clean Energy In Developing Countries A Top Priority
To Achieve Net-Zero Emissions by 2050, Clean Energy Investment In Emerging & Developing Economies Must Touch $ 1 Trillion By 2030: IEA
The International Energy Agency (IEA), in collaboration with World Bank and World Economic Forum, released a new report Financing Clean Energy Transitions in Emerging and Developing Economies, which highlights the need for concerted international efforts for a sustainable and resilient economic future in the developing world.
