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.
Nearly 1TW of under-development solar and wind generation globally could be constructed in the next three years if permitting is accelerated through open call procedures and a series of fast-track measures.
The global solar community has called for “robust and fast policies” alongside increased international cooperation to accelerate PV deployment and the energy transition.
Almost two thirds of people working in the solar industry expect to see double-digit sales growth this year, according to initial findings from a Global Solar Council survey.
Despite dozens of net-zero targets being announced and deployment of renewable energy ramping up globally over the past year, just 10% of countries have shown “steady and consistent” progress in their energy transition plans, according to a new report from the World Economic Forum (WEF).