this post was submitted on 02 Nov 2024
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Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA (pv-magazine-usa.com)
submitted 3 days ago by compostgoblin@slrpnk.net to c/energy@slrpnk.net
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[–] humanspiral@lemmy.ca 4 points 3 days ago

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.