World Energy Transitions Outlook 2022
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
Asia needs to increase RE capacity 4 times by 2030 to fulfil climate targets
The region's capacity has to reach 5,442GW to meet the 1.5°C Scenario.
IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario
Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.
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1. China and India cut fossil power as renewables overtake coal in 2025 2. Asia gas power feels oil shocks with delay 3. EMA calls for new power generation capacity to meet rising demand 4. India's ReNew Energy to set up ₹4,200 crore solar manufacturing plant 5. Energy prices rise 24% as oil supply drops 10 million barrels a dayResource Center
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