Iea Urges Countries to Accelerate Renewables Deployment
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW
PV Magazine International 4:16 pm on June 6, 2024
The International Energy Agency (IEA) urges accelerated renewable deployment to meet a global target of 1,000 GW by 2030. Solar is expected to become the world's largest source of installed capacity, surpassing hydropower. Countries need to enhance their ambitions and implement plans for faster progress in solar installations.
- Global Renewable Target: IEA emphasizes the importance of achieving a 1,000 GW renewable capacity target by 2030.
- Solar's Leadership Role: Predicted to become the leading source of installed renewable capacities worldwide.
- National Commitments and Plans: The need for countries to align their ambitions with COP28 goals through concrete policies and investments.
- Challenges Faced by Renewables: Slow permitting, inadequate grid infrastructure, financing costs, and integration of variable renewable energy are significant obstacles that require immediate attention.
https://www.pv-magazine.com/2024/06/06/iea-urges-countries-to-accelerate-renewables-deployment/