global energy transition

June 23, 2022
The world’s total solar capacity will reach 2,044GW by 2031, with China continuing to lead the way in deployment, making up nearly half (47%) of the world's 1,190GW net solar capacity additions through to 2031, according to research firm Fitch Solutions.
May 18, 2021
Developers will need to install the equivalent of "the world’s largest solar park roughly every day" by 2030 to support global net-zero emissions targets, according to a new report.
March 18, 2021
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.
September 16, 2020
The world will need to build five to six times as much solar and wind power per year as in 2019 if a carbon-zero economy is to be reached by the middle of the century, a study has said.
October 4, 2017
The International Energy Agency has highlighted the claimed 50% growth in solar PV installations in 2016, which reached over 74GW, is part of a new trend that showed renewable energy sources with almost two-thirds of net new power capacity that approached 165GW coming online.
November 10, 2015
The International Energy Agency has heralded the beginnings of a global shift to low carbon energy sources, but reiterated earlier calls for bolder action in the pending COP21 climate talks in Paris.

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