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Rising concerns over energy security and climate change will galvanize record new capacity to generate renewable power in 2022, the International Energy Agency forecast on Wednesday. The IEA forecasts that 320 gigawatts will come online this year, equivalent to top European economy Germany's total annual demand, up from a previous record of 295 gigawatts in 2021. Last year's additions, which were driven by growth of solar energy in China and Europe, exceeded the Paris-based agency's expectations it said in a new report on renewables.