World to Install 1 Trillion Watts of Clean Energy by 2023

Oct. 9, 2018, 6:02 PM

The world could install more than a trillion watts of renewable power during the next five years, more than the entire current generation capacity of the European Union.

The International Energy Agency’s latest annual report on renewables forecasts as much as an extra 1.3 terawatts of clean energy will be installed by 2023 under one scenario. Even in its more conservative central forecast, the agency predicts that global renewable energy capacity will grow by 1 terawatt, driven by a boom in solar installations and more accommodating government policy.

The positive outlook for clean energy comes with a warning...

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