Global Renewable Power Growth Forecasts Diminished Amid US and China Policy Shifts

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Source: Al Jazeera
Global Renewable Power Growth Forecasts Diminished Amid US and China Policy Shifts
Photo: Al Jazeera
TL;DR Summary

The IEA has lowered its forecast for global renewable power capacity growth by 2030 to 4,600GW, citing weaker outlooks in the US and China due to policy changes and economic factors, which may hinder the global goal of tripling renewable energy use by 2030. However, growth prospects remain positive in India, the Middle East, North Africa, and parts of Europe, with solar power leading the expansion.

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