/LONDON, December 16, 2022, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The global renewable energy capacity growth is going to reach a new record level at the end of 2022. The world is in a global energy crisis that has not been seen for decades. The main drivers of this crisis were the growth of commodity prices since 2020 due to the COVID-19 pandemic and recovery period, the disruption of supply chains, and Russia’s invasion of Ukraine. Europe is at the centre of this crisis, but it has significant influence over the markets and economies worldwide. However, according to the Renewable Market Watch™, the newly installed global renewable energy capacity will grow by more than 3500 GW by 2032. There is no power to stop renewables progress for the following ten years.