In Short : The International Energy Agency (IEA) projects a massive 4,600 GW increase in global renewable power capacity by 2030—equivalent to the combined capacity of China, the EU, and Japan. Solar PV will lead nearly 80% of this growth, followed by wind and hydropower. Despite rapid expansion, the world still falls short of COP28’s […]
Global renewable power prices soar on heavy demand, chaotic supply chain – EQ Mag Pro
Prices for wind and solar power in major global markets have climbed nearly 30% in a year as developers have struggled with chaotic supply chains and surging costs for everything from shipping to parts to labor, according to a report published on Wednesday. Contract prices for renewables jumped 28.5% in North America and 27.5% in […]
