Reports and Indices

Reports and Indices
Renewable Energy (RE) Report 2022

  • Report was released by International Energy Association (IEA).

Key findings of the report

  • RE will comprise 90 percent of global electricity capacity expansion in next five years and much of it will be in India.
  • RE’s installed power capacity addition will grow to 2,400 gigawatts (GW) between 2022 and 2027.
  • With addition of 145 GW, India is forecast to almost double its renewable power capacity over 2022-2027.
  • Solar photovoltaic accounts for three-quarters of this growth, followed by onshore wind (15 percent) and hydropower providing rest of it.

About IEA 

  • Formation – 1974 
  • Members – 31 (India not a member) 
  • Headquarters – Paris, France
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