News Snapshot:
Asia Pacific renewables generation investments could hit USD1.3 trillion by 2030 - Wood Mackenzie 23 Jun 2021 Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie , a Verisk business. In contrast, fossil fuel power investments are expected to decline by around 25% to US$54 billion a year. Under the current transition decade, subsidies across Asia are rolled back, while stronger policy targets and cost declines will continue. In most Asian markets, subsidy-free renewable power will not be able...
