In Short : The Asian Development Bank forecasts 4.0% GDP growth for Lao PDR in 2024 and 2025, driven by tourism, transport, and logistics. However, challenges like high inflation—20% in 2024 and 7% in 2025—and unsustainable debt threaten economic stability. ADB stresses the need for structural reforms to address macroeconomic imbalances and ensure long-term growth. […]
WoodMac: Global Solar Market Set to Resume Growth in 2021 as Coronavirus Impact Fades
After a pause in 2020, the global solar market looks set to chart new heights each year in the 2021-2025 period. The global solar market is expected to stay nearly flat between 2019 and 2020 as a result of the coronavirus pandemic and its economic impacts, according to Wood Mackenzie. But a significant increase in demand is now […]
EIA Outlook 2019: The ‘Extremely Conservative’ Case for Renewables Growth
Outside analysts see better long-term growth prospects for wind, solar and electric vehicles than the projections offered up in the government report. The U.S. Energy Information Administration last week published the federal government’s annual long-term energy outlook report. Top-level items focused on the surging production of U.S. oil and natural gas, which the EIA expects […]
