IEA lifts global renewables forecast to 2022 by 12% on China solar growth

5 Oct 2017   China, Solar

Global renewable electricity capacity will surge by over 920 GW between 2017 and 2022, a rise of 43% on current installed capacity, the International Energy Agency said Wednesday in its annual renewables report. Renewables to add 920 GW capacity over 2017-22 driven by solar China, India, US will account for two-thirds of expansion Europe to fall behind with 40% less additions forecast 2017-22 According to the IEA’s Renewables 2017 report, this year’s forecast is 12% higher than last year, due mostly to solar PV revisions in China and India. RELATED CONTENT Video: German election results bring coal exit, carbon pricing back on agenda Blog post: Solar to power Middle East oil, natural gas exports Three countries – China, India and the United States – will account for two-thirds of global renewable expansion by 2022, it said. “We see renewables growing by about 1,000 GW by 2022, which equals about […]

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