The Global Wind Energy Council (GWEC) and Global Solar Council (GSC) have called on Mexican lawmakers to prevent changes to the country’s Electricity Act, Ley de la Industria Electrica (LIE), which pose what they call “an unequivocal threat" to private investment in clean energy.
Corporate investment in solar projects reached US$10 billion in the second half of last year, recovering from economic shock induced by COVID-19, new research by Mercom has revealed.
The Queensland government has repeated a pledge to invest hundreds of millions of Australian dollars in the development of state-owned solar and wind farms in its latest budget, drawing criticism from environmental campaigners.
Clean energy segment has proved more resilient to COVID-19 fallout but current investment is 'nowhere near’ the levels needed to keep climate change at bay, global watchdog warns.