Renewables see record growth in 2021, but supply chain problems loom

renewables see record growth in 2021

Photovoltaic modules at a solar power plant near Golmud, Qinghai province, China, on Saturday, Sept. 11, 2021. | Qilai Shen/Bloomberg via Getty Images

2021 is on course to break a global record for renewable energy growth, according to the International Energy Agency’s latest Renewables Market Report. That’s despite skyrocketing commodity prices, which could bog down the transition to clean energy in the future.

With 290 GW in additional capacity expected to be commissioned by the end of the year, 2021 will smash the record for renewable electricity growth that was just set last year. This year’s additions even outpace a forecast that the International Energy Agency (IEA) made in the spring.

“Exceptionally high growth” would be the “new normal” for renewable sources of electricity, the IEA said at the time. Solar energy, in particular, was on track to take the crown as the “new king…

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