The path beyond 5 TW
With the COP28 climate summit in Dubai resulting in a pledge of at least 11 TW of renewables generation capacity by 2030, Bruce Douglas, chief executive officer (CEO) of the Global Renewables Alliance (GRA), examines the outcomes of the conference and their likely impact on the solar industry.
Solar power will play a crucial role in the planned tripling of renewable energy capacity by 2030, delivering an unprecedented fivefold generation capacity increase by the end of 2030, to 5.4 TW – and some forecasts are even more optimistic. Despite the competitiveness of renewables, led by solar, challenges persist and require urgent policy action …
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