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IEA says global solar demand will hit 190 GW this year

  • May 17, 2022
The world will add more than 300 GW of new renewable energy capacity this year for the first time, according to a new report from the International Energy Agency (IEA).

The agency said 295 GW of new capacity additions for solar, wind and other renewable power generation will be added in 2021. The new capacity in 2022 will reach nearly 320 GW, an increase of more than 8%, a new high. China, Latin America and the European Union will take the lead.

It is bound to drive the addition of its subsidiary industries, such as the solar panel bracket industry.

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