Solar is the only type of renewables generation that will be on track to meet the 1.5°C scenario. Image: IRENA.
The global target of reaching 11TW of renewable generation capacity by 2030 is feasible, but according to the International Renewable Energy Agency (IRENA), actions such as modernising and expanding infrastructure, scaling up financing, and strengthening international collaborations are required to overcome structural barriers to global energy transition.
In its latest report Tracking COP28 outcomes: Tripling renewable power capacity by 2030, IRENA stated that the world added 473GW of renewables capacity last year with solar accounting for 73% of it. However, the record renewables capacity additions and the progress in the energy transition were insufficient to meet the 1.5°C scenario. By 2030, an additional 7.2TW of renewables generation capacity must be deployed to reach the required 11TW.
(The above content is reproduced from pv-tech，By Simon Yuen）
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