Renewable Energy Capacity in the World Was Doubled in the Past Decade (2010-2019)

Renewable energy capacity addition was doubled in the world from 2010 through 2019. Although renewable energy addition charts of the International Renewable Energy Agency (IRENA) showed a negligible drop in 2019 renewable added capacity, 176 GW, compared to 2018, 179 GW, in the world, the cumulative capacity has indicated a steep increase over the past decade.

It is worth mentioning that renewable energy accounted for 72% of the added capacity in 2019, in which, solar power is again the dominant technology among others. IRENA’s talk of 98GW solar installs in 2019 contrasts with figures offered by individual consultancies, including BloombergNEF’s 118GW (including an 8GW buffer) and IHS Markit’s ~120GW. An analyst approached by PV Tech today partly linked the gap to AC-DC reporting discrepancies, according to PV-Tech.

Asia continent was the house of 60% of the total solar capacity addition in 2019. After that, the U.S. and European countries such as Germany and Spain and Australia have individually significant portions of it.

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Source:@IRENA, @ PV-Tech & @Solar_Edition

Photo:@Solar_Edition

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