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Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds - News - IEA

IEA · last updated

Manufacturing plans for key clean energy technologies are expanding rapidly as investment momentum builds - News - IEA
May 2023

Report

The State of Clean Technology Manufacturing

The report provides an update on recent progress in clean energy technology manufacturing in key regions. It focuses on five technologies – solar PV, wind, batteries, electrolysers and heat pumps – that will be critical to the energy transition.

Related Knowledge Center: ENERGY BASICS: renewables

State of Play

Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

More informationabout ENERGY BASICS: renewables