The Covid-19 pandemic is an opportune time to expand renewable energy growth, says GlobalData

14 August 2020 (Last Updated August 14th, 2020 11:38)

To improve energy security, reduce CO₂ emissions and attain corporate sustainability goals, the global power sector has witnessed a shift in capacity additions from conventional power sources to renewable sources. With a focus on decarbonising electricity supply, several governments and utilities are focusing on increasing the share of renewables in the overall energy mix. They have provided support measures that include incentives for renewable power development and offer a level playing field against conventional sources.

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