Asia Pacific renewables generation investments could hit US$1.3 trillion by 2030
Wednesday 23 June 2021
Asia Pacific renewables (wind and solar) generation investments could double to US$1.3 trillion over the current decade to 2030 compared to the previous decade (2011 – 2020), says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). In contrast, fossil fuel power investments are expected to decline by around 25% to US$54 billion a year.
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