How did solar PV perform in 2022?

Solar PV maintained its record-breaking streak, with new capacity increasing 37% in 2022, while global solar production reached an average of 6.2%, up from 5% in 2021. For the tenth consecutive year, Asia dominated regionally in new solar PV installations, contributing 64% of the global added capacity in 2022.

What is renewable power generation capacity?

Renewable power generation capacity is measured as the maximum net generating capacity of power plants and other installations that use renewable energy sources to produce electricity. For most countries and technologies, the data reflects the capacity installed and connected at the end of the calendar year.

How much energy will CSP provide in 2050?

According to the European Solar Thermal Energy Association, the International Energy Agency, and Greenpeace, CSP might provide 3–3.6% of the global energy supply in 2030 and 8–11.8% by 2050. This suggests a necessity for a two-digit capacity increase in the next years, which has not yet been shown .

What is the investment data on renewable power capacity?

The investment data is presented in millions of United States dollars (USD million) at 2020 prices. Data on renewable power capacity represents the maximum net generating capacity of power plants and other installations that use renewable energy sources to produce electricity.

What is concentrated solar power (CSP) & thermal energy storage (TES)?

Concentrated solar power (CSP) is a promising technology to generate electricity from solar energy. Thermal energy storage (TES) is a crucial element in CSP plants for storing surplus heat from the solar field and utilizing it when needed.

Where can I find electricity generation and capacity data?

Electricity generation and capacity datasets from the year 2000 onwards are also available through a dashboard on IRENA’s Data & Statistics page. This statistical publication presents renewable power generation capacity statistics for the last decade (2012-2021).