The country’s present government is looking for ways to restore renewable energy’s growth trajectory.
According to the current trend, renewable power is set to account for 34.6% of the country’s generation mix in 2030.
Denmark aims to advance its renewable development programme so that it can reduce its dependence on Russia for the supply of gas.
Investments are needed for the Spanish Government to meet its green initiative targets, as it plans to achieve 160GW of renewable capacity by 2030.
South Africa’s gas-based capacity and renewables are expected to grow rapidly from 2021 to 2035.
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Last year, India announced the new goal of meeting 50% of the country’s electricity needs through renewables by 2030.
By 2050, hydrogen has the potential to generate 2,250TWh of energy in the EU.
The largest source of clean energy opportunities is expected to emerge from the renewables sector, especially solar.
Green hydrogen is mandated to account for 10% of the overall hydrogen needs of refiners from 2023/24.
The government has started to replace thermal power plants with renewable sources but there is still work to do.