Global Renewable Energy Deployment Accelerates, Breaking Records
TL;DR
Renewable power capacity is expected to increase by a third this year, with solar PV accounting for two-thirds of the increase, according to the International Energy Agency. The world's total renewable electricity capacity is set to rise to 4,500 GW by next year, with global renewable capacity additions set to soar by 107 GW, the largest absolute increase ever, to more than 440 GW in 2023. The expansion is taking place across the world's major markets, with China set to account for almost 55% of global additions of renewable power capacity in both 2023 and 2024.
- Renewable power on course to shatter more records as countries around the world speed up deployment - News IEA
- Renewable energy surges, driven by solar boom and high fuel prices, report finds The Associated Press
- EQM Indexes says solar energy surges to record high of global energy mix, reaching oil investments Proactive Investors
- High fuel prices, energy security concerns drive surge in renewables: research The Hill
- 'Record breaking' | Global renewables additions to jump by a third this year: IEA Recharge
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