Ember: World on pace to have nearly 4TW of surplus solar manufacturing capacity by 2030
- Admin
- Jun 15, 2024
- 1 min read
A report from think tank Ember Climate states that the world could exceed the 2030 renewable energy deployment target by 21% using the 'spare' manufacturing capacity in solar energy. The report highlights the mismatch between global solar manufacturing capacity and deployment initiatives, with under-deployment attributed to challenges in energy grids. China dominates solar capacity additions, and the report suggests deploying unused capacity to meet UN targets. Additionally, expanding solar sector in the Global South could bridge the gap between manufacturing and deployment, creating new markets and extending electricity access to millions.
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