News about electricity, Renewables

➡️Although we see considerable growth in investments, it's not enough to attain the 1.5C climate goal by 2050. Annual investments in #renewable power generation must surge from $570 bln in 2023 to $1.55 trillion on average b/w 2024 & 2030. Read👇 www.irena.org/Publications/2024/Mar/Tracking-COP28-outcomes-Tripling-renewable-power-capacity-by-2030 pic.twitter.com/bpTLtlY46w

💡Acc. to @IRENA report, progress is not moving fast enough to add the required 7.2 TW of #renewable power within the next 7 years for the #3xRenewables target. To reach over 11 TW, #G20 members alone need to reach 9.4 TW of renewable power by 2030. 📌www.irena.org/Publications/2024/Mar/Renewable-capacity-statistics-2024 pic.twitter.com/7MyS9fvmav

2023 saw a RECORD absolute increase in solar generation ☀️ Solar remained the fastest-growing source of electricity last year, adding more than twice as much new electricity as coal. ember-climate.org/insights/research/global-electricity-review-2024 pic.twitter.com/CLhg1VqLIX

Record renewables are propelling the world towards falling power sector emissions 📉 But how fast emissions fall depends on how fast the renewables revolution continues. The world needs to reach 60% renewable electricity by 2030 to stay on track for 1.5C ember-climate.org/insights/research/global-electricity-review-2024 pic.twitter.com/zt4cPeCX3V