Renewables are set to contribute 80% of new power capacity to 2030 in the stated policies scenario (STEPS), with solar PV alone accounting for more than half of it, according to the International Energy Agency (IEA).
The European Commission has released its Green Deal Industrial Plan based upon four pillars aimed to scale up a domestic manufacturing capacity for net-zero technologies.
New policies in major energy markets would accelerate the investment in clean energy to US$2 trillion by 2030 in the states policies scenario (STEPS), according to a report from the International Energy Agency (IEA).
Governments should focus on mini-grids as a means to enabling access to reliable electricity for hundreds of millions of people that don’t yet have it and mini-grids using solar and batteries have matured as a technology class, but financing such projects remains problematic, a new report has found.
