The Ministry of Ecological Transition (MITECO) in Spain has updated its National Energy and Climate Plan (NECP) with an increased target for solar PV of 76GW by 2030.
The European Council (EC) yesterday reached an agreement on a revision to its Renewable Energy Directive (RED) as part of its ‘Fit for 55’ package that has increased its renewables targets and called for accelerated permitting for clean energy projects.
Vietnam has cut its 2030 power capacity target by 35GW under its newly agreed upon draft Power Master Plan VIII (PMP8) but is making more room for renewables as it seeks to reduce its reliance on coal.
India is set to fall well short of its 2022 solar target of 100GW of installed solar capacity due to the slow uptake of rooftop solar, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research.
Germany’s new three-way coalition government of the SDP, Green and FDP parties have set guidelines for future energy policy in the country which include an expansion of planned renewable capacity and an accelerated phase out of coal power
SolarPower Europe has called on the EU to increase its renewable energy target to 45% by 2030, which it said would result in an extra 210GW of solar capacity installed and put the continent on a strong trajectory to reach climate neutrality by 2050
Abu Dhabi has said it will bring its renewables capacity up to 8.8GW by 2025 as it seeks to reduce emissions associated with power generation by 50% over the next decade.
Vattenfall has increased its emissions reduction targets to be in line with the 1.5 degrees Celsius scenario set out in the Paris Climate Agreement in a move that has been approved by the Science Based Targets initiative (SBTi) and which involves increasing its renewable capacity four-fold.
If current trends continue, renewable energy will provide roughly one-third of US electricity to the grid by 2030, although this could reach half if deployment increases
