Solar Could Lead Global Energy Share by 2050, Reported by International Energy Agency

Global Emissions Increasing in 2021, Despite International Pledges

The International Energy Agency (IEA) recently released a report, ‘Net Zero by 2050‘, which outlines a pathway to tackle the climate crisis. The emissions target of net zero by 2050 will limit a global temperature increase to 1.5C.  Transiting to renewable energy is the major effort outlined by the IEA, with solar the leading supply of energy by 2050.

“Clean energy is for and about people,” said Faith Biro, the Executive Director IEA.  The report showed that shifting to renewable energy, with solar leading the energy share by 2050, would generate 30 million jobs.  “The pathway is narrow but achievable, and it would bring major benefits for human prosperity and well-being, providing an opportunity to limit global warming to 1.5 °C,” stated Mr. Biro.

Mr Biro presented the Net Zero by 2050 Report in the following video, urging all segments of society, including governments and business, to be on board.  He said: “Our numbers show… this year global emissions will increase substantially, which is the second largest increase in history  … There is a growing gap between the rhetoric we hear from governments and industrial leaders and what is happening in real life. We hear a lot of commitments, a lot of pledges, but the numbers keep going up.”

Mr Birol stated: “Despite the current gap between rhetoric and reality on emissions, our Roadmap shows that there are still pathways to reach net zero by 2050. The one on which we focus is – in our analysis – the most technically feasible, cost‐effective and socially acceptable. Even so, that pathway remains narrow and extremely challenging, requiring all stakeholders – governments, businesses, investors and citizens – to take action this year and every year after so that the goal does not slip out of reach.”

Solar Leads in Global Energy in IEA Net Zero by 2050 Report

The current share of solar in the global energy market is 1%.  By 2050, solar will be the largest source of global energy.  Mr Birol stated that solar is crowned: “the new king of electricity markets.”

The IEA Net Zero by 2050 Report stated “Most of the reductions in CO2 emissions through 2030 come from technologies already on the market today. But in 2050, almost half the reductions come from technologies that are currently at the demonstration or prototype phase. Major innovation efforts must take place this decade in order to bring these new technologies to market in time.”

Innovation and technology will drive the renewable energy transition, with solar the lead in global energy use by 2050. Australia has seen a booming domestic solar market, with one in four homes now saving in costs and energy with solar.  There is still great potential in Australia to expand the commercial and industrial solar (C&I) industry.

Solpod’s Redeployable Solar Innovation 

Solpod offers new products that better meets the needs of businesses, including our innovative Solpod Roof and Solpod Ground solutions.  As Solpod’s modular solar pods are re-deployable and rentable, they have been called a “game changer for the solar industry.”

Our solar pods have been installed across Australia on a range of shopping centres, government buildings, warehouses, commercial office blocks and as well as on smaller sites including breweries.  See the below link to a recent 82kWp Solpod installation on Ausworkwear and Safety’s Headquarters in Morwell, Victoria:

Solpod was a Finalist of the Victorian Premier’s Design Award and was awarded the most Innovative Solar Solution at the Solar Cutters Award.

To find out more about Solpod’s Australian Made modular solar pods or solar products on offer, please contact or call +03 9089 0753.