India’s solar energy output could match coal-fired power within 20 years, but the country’s clean energy sector may need US$1.4 trillion in additional funding to ensure a “sustainable growth path”.
The risk of damage to turbines from cyclones has cut India’s electricity output, despite a longer windy season.
Since the adoption of the landmark Paris Agreement on climate change in 2015, global momentum to tackle the climate crisis has been building.
The International Energy Agency (IEA) has released new data that shows coal-fired power generation has suffered the most in COVID-19’s effect on energy use, while renewable energy use continued to surge.
Renewable energy is making rapid inroads into the market, but fossil fuels still wield enormous global influence.
Read more: https://www.iea.org/publications/freepublications/publication/StatusofPowerSystemTransformation2017.pdf