Asia has to increase its renewable energy capacity by four times to reach 5,442 gigawatts (GW) by 2030 from 1,338GW in 2020 to meet the target of limiting global warming to 1.5 degrees Celsius, according to the International Renewable Energy Agency (IRENA).

In the World Energy Transitions Outlook 2022 report, IRENA said, the region would also have to increase its renewables capacity by nine times to reach 12,556GW to achieve the 1.5°C Scenario.

IRENA added that Asia, North America, and Europe will account for more than 80% of installations by 2030, with North America having to increase its capacity by five times to reach 1,882GW by 2030, and Europe by three times to reach 1,573GW capacity.

The Middle East and Africa have to increase their capacity by 13 times to reach 993GW by 2030, whilst Oceania/Pacific has to ramp up its capacity by four times to react 172GW in the same period. Latin America needs to increase its capacity by three times to push its renewables capacity to 708GW by 2030.

Guest post from Asian Power