Globally, PV contributed twice as much new electricity generation capacity in 2023 as coal and reduced annual CO
2 emissions by approximately 1.1bn tonnes between 2019 and 2023.
PV's electricity generation grew, on average, by 26.4% annually between 2016 and 2022 worldwide, which was in line with the International Energy Agency's (IEA) net zero emissions by 2050 pathway. If the IEA's target is to be met, PV's share of global electricity generation needs to grow from 5.5% in 2023 to 43% in 2050.
Read the full article in the Journal of Applied Ecology.
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