Solar PV annual market growth rate
STO-REC-STAT1HK1B6T1 Official
40%
Global · end of 2022
IEA projects solar PV annual market growth rate worldwide at 40% by end-2022.
- Publisher
- IEA
- Authority tier
- T1 Official
- Report
- Renewables 2020
- 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.
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
Everything needed to check this number yourself, without taking our word for it.
Chain of Custody · Verification Audit
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