The energy crisis in Europe, the Inflation Reduction Act in the United States, and the continued strong expansion of green energy installations in China are all expected to contribute to the biggest-ever increase in renewable energy capacity additions this year, the International Energy Agency (IEA) said in a new report this week.
Globally, new installations of renewable energy capacity are expected to surge to 440 gigawatts (GW) this year, up by 107 GW year-on-year and the largest increase in new capacity ever seen,…IEA: Renewables Installations In 2023 Soar To Levels We’ve Never Seen
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