acity must reach 5.2TW by the end of the decade in order to meet the 1.5°C Paris climate goal, according the International Renewable Energy Agency (IRENA) latest World Energy Transition Outlook.
The world’s solar power generation capacity will have to reach 14.4TW in the next 30 years to ensure that the global temperature does not rise above 1.5 degrees celsius this century.
Global solar PV capacity could increase six-fold by 2030 and account for as much as 7% of worldwide power generation, according to the International Renewable Energy Association (IRENA).
Solar capacity grew by 47GW (26%) during 2015 as a result of module prices dropping as much as 80% over the same period, according to the latest data from the International Renewable Energy Agency (IRENA).
