In 2021, renewables added more to global grid but coal-fired power and emissions grew to previous unknown levels, as per BloombergNEFs Power Transition Trends.
Asia chooses coal not gas since it is already available, domestically produced, less expensive, hence, they are not experiencing economic hardship like Europe.
Report examines driving forces behind record US offshore wind growth and provides data on key industry trends, supply chain changes, and technical improvements.
It is expected that India would boost the total amount of capacity for renewable energy production by between 35 to 40 gigawatts annually through 2029 and 2030.
