IEA lowers 2025-30 forecast for solar growth

The International Energy Agency (IEA) cut its 2025-30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80% of 4.6 TW expected growth.Around 3.6 TW of solar is expected to be installed globally between 2025 and 2030, according to the IEA's latest analysis. The agency's medium-term forecast report, "Renewables 2025," predicts solar will account for almost 80% of the 4.6 TW of renewable energy that will be added across the world over the second half of the decade. The report says low costs, faster permitting and broad social acceptance will continue to ...

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