The war in Iran is accelerating the development of renewable energy as countries strive to reduce dependence on imported oil and gas, according to the IEA.
By 2031, global renewable energy capacity is expected to increase by nearly 4,800 GW, and the share of renewable sources in global electricity production will reach 43%.
South Korea is accelerating its renewable energy plans, and Egypt has pushed back its 45% renewable electricity target from 2035 to 2028.
Exports of solar panels from China to Africa and Southeast Asia also rose, while the pace of new installations in Europe remained slow.