Solar PV annual market growth rate

STO-REC-STAT1HK1B6T1 Official
40%
forecast

Global · end of 2022

IEA projects solar PV annual market growth rate worldwide at 40% by end-2022.

Original source
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
Verbatim extraction verified: The figure 40% is directly attested in the quoted passage (Increasing policy certainty in key markets could significantly boost renewables deployment).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

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
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.} }

Provenance and verification

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Record: STO-REC-STAT1HK1B6 T1 Official

Primary Source

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

Verification & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
17 September 2026
Archival URI
/stat/stat_1HK1B6M865YTZTC6EPMJ2R8BHX