international energy agency

The Iran war energy shock will “reshape” global energy investment strategies, according to the executive director of the International Energy Agency (IEA).

Solar PV accounted for more than a quarter of total global energy demand growth in 2025, becoming the single largest contributor to new energy supply, according to the International Energy Agency.

Global electricity demand is set to grow 2.5 times as fast as overall energy demand by 2030, ushering in what the International Energy Agency (IEA) has dubbed the “Age of Electricity”.

Changing economic and demographic trends across the world will drive an increasingly complex energy mix over the coming years, says the IEA.

Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.

Solar PV will account for almost 80% of the 4.6TW of new renewable power expected to be added by 2030, according to the International Energy Agency (IEA).

Wind and solar PV are set to cover over 90% of the increase in global electricity demand this year, according to the IEA.

Investment in clean energy and grids will reach US$2.2 trillion in 2025, double the expected investment into fossil fuels this year, according to data from the International Energy Agency (IEA).

The world reached 2.2TW of cumulative installed solar capacity in 2024, with China alone accounting for 1TW of total operating capacity.

Artificial Intelligence will “transform” the energy sector over the next decade, according to a report from the International Energy Agency.