The war in Iran is accelerating the expansion of renewable energy as countries seek to reduce dependence on imported oil and gas, according to the IEA.
Global renewable capacity is expected to grow by nearly 4,800 GW between 2026 and 2031, with renewable energy supplying 43% of global electricity by 2031.
South Korea is accelerating its renewable targets, while Egypt has advanced its 45% renewable electricity target from 2035 to 2028.
Chinese solar exports to Africa and Southeast Asia also rose, while European installations remained sluggish.
Source: Axios