IRENA says builders put in 295 GW of renewable power all through the world in 2022, driving up world cumulative put in capability by 9.6% to three,372 GW. It was a yr of document development, largely primarily based on newly put in PV methods, based on IRENA.
The group says 191 GW of photo voltaic was put in final yr. It notes that development remains to be largely concentrated in a handful of nations and areas equivalent to Asia, the US, and Europe. Asia accounted for 60% of recent capability additions, the place 1.63 TW of renewables are actually put in.
China accounted for nearly half of the brand new world renewables capability in 2022, at 141 GW. A complete of 57.3 GW have been added in North America in 2022 and 29.1 GW in Europe, based on IRENA. Africa continued its regular development at 2.7 GW, barely above the figures for the earlier yr.
“This sustained document development demonstrates the resilience of renewable power amid the present power disaster,” stated IRENA Director Common Francesco La Digital camera.
IRENA says hydropower nonetheless accounts for the biggest share of put in renewables capability at 1,255 GW. However final yr, solely 21 GW have been added. Photo voltaic is catching up and final yr handed the terawatt milestone of put in capability.
IRENA has listed the highest 10 world PV markets by way of cumulative put in capability:
- China – 392 GW
- United States – 111 GW
- Japan – 78.8 GW
- Germany – 66.5 GW
- India – 62.8 GW
- Australia – 26.7 GW
- Italy – 25 GW
- Brazil – 24 GW
- Netherlands – 22.5 GW
- South Korea – 20.9 GW
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