118 countries have signed the ‘Global Renewables and Energy Efficiency Pledge’ on Saturday (2 December) at COP28 in Dubai to treble global installed capacity by 2030.
A record growth from solar and wind power, increased its global electricity to 12% in 2022, however, other clean energy resources have dropped for the first time since 2011, according to energy thinktank Ember.
Solar capacity grew significantly in India last year, and renewables dominated the country's power generation capacity additions in 2022, according to a study conducted by Ember.
Solar electricity generation in the EU grew significantly last year thanks to a rise in adoption in major countries, according to a study conducted by energy think tank Ember.
Seven key Asian countries collectively saved approximately US$34 billion in fossil fuel costs in the first half of 2022 through solar generation, according to research from Ember, the Centre for Research on Energy and Clean Air (CREA) and the Institute for Energy Economics and Financial Analysis (IEEFA).
The rise in solar and wind generation met over three-quarters of the global electricity demand growth in the first half of 2022, according to a report from think tank Ember.