Wood Mackenzie: world to add 3.8TWac of new solar capacity by 2033
- Admin
- Jul 8, 2024
- 1 min read
The article discusses the unprecedented global demand for renewables driven by country-level policy targets, technology innovation, and concerns over energy security. It highlights the expected growth in solar and wind capacity installations, particularly in China and the US. The importance of energy storage in the global energy mix is emphasized, with predictions of significant growth in storage capacity installations. Addressing infrastructure challenges and policy support are identified as vital for meeting energy transition targets.
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