Is China leading the way with renewable energy targets?
While Africa has seen some growth, this pales in comparison with an increase of 4.6 percent, reaching a total capacity of 62 GW.
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While Africa has seen some growth, this pales in comparison with an increase of 4.6 percent, reaching a total capacity of 62 GW.
Solar energy: solar photovoltaics increased by 345.5 GW last year, while concentrated solar power increased by 0.3 GW.
Global renewable power capacity additions clocked 473 gigawatts (GW) in 2023 reaching a record total of 3,870 GW, as renewables accounted for 86% of the new capacity with growth unevenly distributed across the world.
Global renewable power capacity additions clocked 473 gigawatts (GW)
India aims to achieve net-zero carbon emissions by solarising rooftops of one crore households and providing viability gap funding for offshore wind energy. The government will mandate blending compressed biogas with natural gas for transport and domestic use. India plans to set up coal gasification and liquefaction capacity and support the e-vehicle ecosystem. The country will also launch a scheme for bio-manufacturing and bio-foundry, and implement measures for coastal aquaculture and mariculture. The government's initiatives aim to reduce emissions and promote green economic growth.