Global renewable deployment must double to 1,200 GW/year to hit 2030 target

A sector report indicates that current renewable energy installation rates are insufficient, requiring an average of 1,200 GW per year until 2030 to meet global climate targets. This implies a doubling of current deployment pace, highlighting a significant gap between ambition and execution. The finding underscores the need for accelerated policy support and investment, with implications for energy transition timelines and related supply chains.