IEA: Solar set for 'spectacular' growth over next five years

Madeleine Cuff
clock • 2 min read

New forecasts from International Energy Agency suggest world will add 1,200GW of new renewables capacity by 2024

The global power market should prepare itself for an explosion in solar capacity over the next five years, according to a new analysis out today from the International Energy Agency (IEA) which suggests...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

More on Energy

E.ON Next extends bills-cutting Battery Boost programme
Energy

E.ON Next extends bills-cutting Battery Boost programme

E.Energy giant to expand free domestic battery programme in partnership with Northern Powergrid, SP Electricity North West, and UK Power Networks

Amber Rolt
clock 12 November 2026 • 2 min read
'Bradford blueprint': £75m heat network built around former 19th century gasworks goes live
Energy

'Bradford blueprint': £75m heat network built around former 19th century gasworks goes live

One of the UK's biggest heat networks now providing buildings across Bradford with low-carbon heat

Stuart Stone
Stuart Stone
clock 12 November 2026 • 4 min read
Study: Solar and batteries could cut European electricity costs by 40 per cent
Energy

Study: Solar and batteries could cut European electricity costs by 40 per cent

Modelling by Schneider Electric Research Institute forecasts electricity costs could fall if installed solar and battery costs keep dropping and electricity demand continues to grow

Amber Rolt
clock 11 November 2026 • 3 min read