Global solar demand to reach 190 GW this year, says IEA

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From pv magazine Global

A new report by the International Energy Agency (IEA) suggests that new renewable energy capacity additions will exceed 300 GW globally this year for the first time, with mounting concerns about climate change and energy security driving an 8% increase, after new installations reached almost 295 GW in 2021.

The IEA said that despite persistent pandemic-induced supply chain challenges, construction delays, and record-level raw material and commodity prices, renewable capacity additions increased by a record 6% globally in 2021.

In its latest Renewable Energy Market reportlo

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