Solar PV Stats: Global CAGR

-Rikesh Mathew

The World had seen a Cumulative Annual Growth Rate of 26% from Y2011 to Y2020 as per Data from International Renewable Energy Agency (IRENA) for Solar PV Capacity. The Year 2020 Closed with 707 GW global capacity. Using the same CAGR, we can estimate the it heading to approx 889 GW. Curious to see what the actual growth trends for Y2021 will be.

Breakdown of various regions shown in figure below (MW of Solar PV capacity)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
𝐒𝐨𝐮𝐫𝐜𝐞
IRENA: Renewable Capacity Statistics 2021 Link: https://biturl.top/mueqAb
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
𝐓𝐚𝐠𝐬
#renewableenergy #solar #solarenergy #solarpanels #cleanenergy #pv #renewables #energy #solarpv #solarpv #solarpowered #solarpower #photovoltaics #africa #europe #middleeast #asiapacific #americas #eurasia #southamerica #renewable

Leave a Comment

Your email address will not be published. Required fields are marked *