Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
The International Energy Agency’s (IEA) latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batte…
Absurdly low given 2023 had 1.15tw capacity.
The report forecasts that global demand for solar modules will grow from 460 GW in 2023 to 674 GW in 2035
Even more absurdly low. Likely to hit over 600gw this year.
IEA has a history of projecting 3% growth per year every year even as we do 30+% growth.
4Stupid question, how much energy are we using today?
Edit: This seems to be great news, for example Sweden uses around 0.05TW if my calculations are correct (450TWh/year)
2Obviously now we should invest in energy storage, otherwise solar modules go just so far.
2