$3.40 trillion to be invested in renewables by 2030 - F&S report

摘要

Worldwide Emissions abatement: Frost & Sullivan's recent analysis, 'Growth Opportunities from Decarbonization in the Global Power Market, 2019-2030', reveals that the 2020s will be crucial for all the participants in the power industry as the transition toward renewable energy is expected to increase, while coal takes a downturn in most developed markets. Falling costs and renewable-friendly energy policies adopted by several countries in the six major geographies - North America, Latin America, Europe, the Middle East, China, and India - are prominent reasons why solar photovoltaic and wind capacity additions are expected to soar this decade.