Solar PV annual market growth rate

RecordSTO-1HK1B6M865-YTZTC6EPMJ-2R8BHX

nearly40%
forecast

Global · 2019–2022

IEA projected solar PV annual market growth rate worldwide at nearly 40% in 2019–2022.

Original source

Solar PV annual market growth rate: every country and year, and how it is measured

Publisher
IEA
Authority tier
T1 Official
Locator
Increasing policy certainty in key markets could significantly boost renewables deployment
Retrieved
16 Sep 2026
Status
Verified

What the source says

The solar PV annual market could reach about 150 GW – an increase of almost 40% in just three years.

International Energy Agency, Renewables 2020, Increasing policy certainty in key markets could significantly boost renewables deployment

Checked: the figure 40%is stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

APA

International Energy Agency. (2022). Renewables 2020. Retrieved September 16, 2026, from https://www.iea.org/reports/renewables-2020. Via StatOrigin, https://statorigin.org/stat/stat_1HK1B6M865YTZTC6EPMJ2R8BHX

Other formats: MLA, Chicago, BibTeX
MLA
International Energy Agency. "Renewables 2020." 2022, https://www.iea.org/reports/renewables-2020. Accessed 16 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_1HK1B6M865YTZTC6EPMJ2R8BHX.
Chicago
International Energy Agency. "Renewables 2020." 2022. https://www.iea.org/reports/renewables-2020. Accessed September 16, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_1HK1B6M865YTZTC6EPMJ2R8BHX.
BibTeX
@misc{iea2022solar2r8bhx, author = {{International Energy Agency}}, title = {Renewables 2020}, year = {2022}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_1HK1B6M865YTZTC6EPMJ2R8BHX}, note = {Original source: https://www.iea.org/reports/renewables-2020. Accessed September 16, 2026.} }

Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of custody
Record: STO-1HK1B6M865-YTZTC6EPMJ-2R8BHX T1 Official

Primary source

Publisher
International Energy Agency · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Renewables 2020
Type
Report
Published
—
Locator
Increasing policy certainty in key markets could significantly boost renewables deployment
Retrieved
16 September 2026
Link status
Reachable (HTTP 200)
Report licence
CC by 4.0

Verification

Status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
26 September 2026
Permanent URL
/stat/stat_1HK1B6M865YTZTC6EPMJ2R8BHX