In the coming three decades, solar power is expected to become the largest source of renewable electricity generation worldwide, based on installed capacity. By 2050, installed solar power capacity is expected to surpass 4.6 terawatts. Wind power is expected to rank second at the time, with some 2.3 terawatts, followed by hydropower.
Projected installed renewable electricity generation capacity worldwide from 2020 to 2050, by source
(in gigawatts)
* Starting from the indicated year, figures are projections based on a reference scenario. The reference scenario reflects current energy trends, existing laws and regulations, and select incremental economic and technological changes over time.
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EIA. (October 6, 2021). Projected installed renewable electricity generation capacity worldwide from 2020 to 2050, by source (in gigawatts) [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/217270/projected-global-installed-renewable-generation-capacity/?__sso_cookie_checker=failed
EIA. "Projected installed renewable electricity generation capacity worldwide from 2020 to 2050, by source (in gigawatts)." Chart. October 6, 2021. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/217270/projected-global-installed-renewable-generation-capacity/?__sso_cookie_checker=failed
EIA. (2021). Projected installed renewable electricity generation capacity worldwide from 2020 to 2050, by source (in gigawatts). Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/217270/projected-global-installed-renewable-generation-capacity/?__sso_cookie_checker=failed
EIA. "Projected Installed Renewable Electricity Generation Capacity Worldwide from 2020 to 2050, by Source (in Gigawatts)." Statista, Statista Inc., 6 Oct 2021, https://www.statista.com/statistics/217270/projected-global-installed-renewable-generation-capacity/?__sso_cookie_checker=failed
EIA, Projected installed renewable electricity generation capacity worldwide from 2020 to 2050, by source (in gigawatts) Statista, https://www.statista.com/statistics/217270/projected-global-installed-renewable-generation-capacity/?__sso_cookie_checker=failed (last visited February 18, 2025)
Projected installed renewable electricity generation capacity worldwide from 2020 to 2050, by source (in gigawatts) [Graph], EIA, October 6, 2021. [Online]. Available: https://www.statista.com/statistics/217270/projected-global-installed-renewable-generation-capacity/?__sso_cookie_checker=failed