Tag Archives: AIE

IEA’s analysis and forecasts for photovoltaics to 2030

The International Energy Agency has published its October report, and here is a brief summary of their expectations for photovoltaic energy: IEA – Octubre 2024. By 2030, global renewable electricity generation is expected to reach over 17,000 TWh, representing an increase of nearly 90% compared to 2023, sufficient to cover the combined demand of China … Continue reading IEA’s analysis and forecasts for photovoltaics to 2030

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Photovoltaic (PV) manufacturing capacity could exceed 1.5 TW by 2035, IEA says

The latest report from the International Energy Agency (IEA), which charts the future evolution of renewable energy manufacturing, says the combined global market for photovoltaics, wind, electric cars, batteries, electrolysers and heat pumps will grow from $700 billion in 2023 to more than $2 trillion in 2035. Global solar module manufacturing capacity is set to … Continue reading Photovoltaic (PV) manufacturing capacity could exceed 1.5 TW by 2035, IEA says

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Global investment in photovoltaics will exceed $500 billion by 2024

The International Energy Agency projects that photovoltaic solar energy will attract more investment than all other sources of electricity generation combined. Global energy spending is expected to surpass $3 trillion for the first time this year. This year’s edition of the World Energy Investment provides a full update on the investment picture in 2023 and … Continue reading Global investment in photovoltaics will exceed $500 billion by 2024

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China promotes expansion of wind and photovoltaic capacity: IEA

China had a key role to play in the world’s rapid expansion of renewable power generation capacity last year, the International Energy Agency said.It more than doubled solar photovoltaic capacity last year, and wind power capacity rose by 66 per cent YoY. Almost half of China’s electricity generation will come from renewable sources by 2028, … Continue reading China promotes expansion of wind and photovoltaic capacity: IEA

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IEA predicts renewable energy to overtake coal by 2025

A report by the International Energy Agency says energy insecurity amid war in Ukraine is spurring a renewable power surge. Experts predict the sector will soon surpass coal as the world’s largest electricity source. The global capacity for producing renewable energy will soar by some 75% in the next five years, the International Energy Agency … Continue reading IEA predicts renewable energy to overtake coal by 2025

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IEA report provides a bright outlook for renewables

Global renewable electricity generation is expected to grow by more than a third by 2022, according to the International Energy Agency’s (IEA) Renewables 2017 report released yesterday. It’ll be over 8,000 terawatts hours per year, equal to the total annual power consumption of China, India and Germany combined – and 30% of global power generation, … Continue reading IEA report provides a bright outlook for renewables

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Solar energy leads the charge in another record year for renewables

Boosted by a strong solar PV market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online. This was another record year, largely as a result of booming solar PV deployment in China and around the world, driven by sharp cost reductions and … Continue reading Solar energy leads the charge in another record year for renewables

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Renewables to lead world power market growth to 2020

Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA said Friday in an annual market report. Pointing to the great promise renewables hold for affordably mitigating climate change and enhancing energy security, the report warns governments … Continue reading Renewables to lead world power market growth to 2020

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Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year

The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market segment, with innovative new … Continue reading Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year

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