Could current and planned renewables capacity offset coal

Over 3,200GW wind and solar are projected to be installed by 2030.

A total of 3,242 gigawatts (GW) of wind and solar is projected to be installed globally by 2030, which the Global Energy Monitor sees as “large enough” to offset current operating coal capacity by 2030. 

The current global operating coal fleet of 2,067GW, which reflects a 44% difference. 

This, however, still shows slower growth than the International Energy Agency’s (IEA) 2030 Net Zero scenario goal.

The report noted that the large-scale (>20 MW) global solar fleet would likely fall short by 3,785GW and only be able to reach 26% of the IEA’s 2030 target. 

Read more: Solar, Wind to lead renewables growth in the Philippines

GEM added that global solar will still fall short by more than 1,000GW, under the assumption that installations of smaller-scale solar will see the same growth as large-scale solar.

“If the world is to reach its Net Zero goals with a hope of keeping global temperature increases below 1.5C, utility-scale renewables are clearly not going to cut it. Distributed solar must take center stage,” Kasandra O’Malia, Project Manager for the Global Solar Power Tracker, said.

Data from GEM’s Global Solar Power Tracker showed that China accounted for half of the world’s currently operating, large-scale solar. 

China has 176GW and 309GW operating and prospective large-scale solar, respectively.


Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


Summit Power International provides vital LNG support to Bangladesh
Without cross-border electricity supply, LNG is needed by a country facing geographical constraints to deploy renewables.
PLN focuses digital processes on equitable electricity distribution
State-run firm’s president succeeded in electrifying 76,900 villages and sub-districts throughout Indonesia.
VOX POP: How can vehicle-to-grid technologies boost energy transition?
Vehicle-to-grid (V2G) technology is seen as a groundbreaking innovation towards the resilience of the power grid and the improvement of robust energy transition.