On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro presents the installed capacity and market share of #renewableenergy within the Asia Pacific region from the IntelStor Future of Renewables #marketresearch Report.

Asia Pacific started 2000 with 23.2% renewable capacity additions, which puts the region ahead of Africa, on par with the Americas and behind Europe. By the end of 2025, the region has started to heavily influence the overall global trend with just under 50% of capacity additions comprised of renewable energy technologies.

Solar PV has made the largest contribution to the displacement of hydropower regionally. As of the end of last year solar PV was leading at more than 47.7%.  Onshore wind, driven by China as well as India has now overtaken hydropower in market share with 23.5% for wind compared to 23.1% for hydropower.

By 2030, solar PV will see almost 2 TW of capacity. Onshore wind will hit more than 1 TW and hydropower will see just under 700 GW. Offshore wind will be notable for their growth to more than 100 GW from being virtually non existent 15 years earlier.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3