WOW – The IEA has boosted its latest renewable forecast by another 16%
Just 9 months ago, in January 2024, its Renewables 2023 report forecast 3,200GW of capacity – mainly wind and solar – would be built around the world during the five years 2024-2028.
Now, in Renewables 2024, it's significantly increased that forecast, to 3,700GW over the same five years – and a massive 5,500GW by 2030.
It's now forecasting two-thirds more renewable capacity being built than just two years ago.
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