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Jul 2022
News

India aims to add 500 GW of renewables by 2030

India's existing power generation portfolio is the world's third-largest at nearly 360 GW, and S&P Global Market Intelligence data shows another 203 GW of planned capacity. As part of India's long-term decarbonization effort, Prime Minister Narendra Modi has pledged to add 500 GW of nonfossil generating resources by 2030. BloombergNEF on June 22 estimated that India would need ...

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    May 2022
    News

    Japan targets more renewables in power sector heavily reliant on fossil fue

    Japan's power generation sector totals about 250 GW of operating capacity, with about half fueled by natural gas or coal, according to S&P Global Market Intelligence data. Nuclear resources make up about 10% of the country's generating capacity. Prior to the Fukushima disaster in 2011, when an earthquake and subsequent tsunami caused a partial meltdown at the Fukushima Dai-ichi...

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      May 2022
      News

      Australia power plant pipeline includes 50 GW of wind, solar resources

      Australia's power generation mix, now nearly two-thirds coal and natural gas, is undergoing a dramatic transformation, with nearly 50 GW of wind and solar resources under development. The country's current power generation mix totals about 70 GW, according to S&P Global Market Intelligence data, with 35% from coal and 28% from natural gas. It has pledged to achieve a net-zero e...

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