Renewable Energy

IEA energy outlook indicates significant acceleration of clean power sources

International Energy Agency (IEA) – in energy outlook 2024 – has outlined a significant acceleration of clean power sources by 2030, with global growth...

Industrial heat pumps drive decarbonisation in industrial sectors

The rising need to reduce fossil fuel reliance in industrial applications is leading to increased investment in decarbonised technologies, such as heat pumps, Frost...

India crosses 200 GW mark in renewable energy production

India has achieved a major milestone in renewable energy (RE) production, surpassing the 200 gigawatt (GW) mark in September, driven largely by solar and...

Voluntary carbon credit market to cross $21.7 bn

The Voluntary Carbon Credit Market will expand at a 27.4 percent CAGR from 2023 to 2032, attributed to government regulations and global initiatives incentivizing...

Renewable energy efforts fall short of 2030 targets despite 2023 surge: IRENA

Despite a record-breaking growth in renewable energy in 2023, progress remains insufficient to meet the goal of tripling renewable power capacity by 2030, according...

IEA: China to triple renewable energy capacity by 2030

China is set to expand its renewable energy capacity by nearly 3,207 GW from 2024 to 2030, tripling the growth seen in the previous...

IEA: India to triple renewable energy capacity by 2030, driven by Solar PV

India is on track to nearly triple its renewable energy capacity by 2030, aligning with the COP28 global pledge for renewable growth, according to...

IEA: Renewable energy capacity to grow 2.7x, missing COP28 goal

International Energy Agency (IEA) has released a new forecast projecting that global renewable energy capacity will grow by 2.7 times by 2030, surpassing countries’...