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Renewable energy trends and developments powering a cleaner future

IBM Services

Offshore wind projects have been especially vulnerable: In 2023, in the US and UK alone, developers canceled offshore projects with total capacity of 15 gigawatts (GW). In the same year, nine European countries announced plans to increase offshore wind power capacity to over 120 GW by 2030 and over 300 GW by 2050.

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Rising Prominence of Africa in Technical Support and Other Value-added Services

Everest Group

By 2035 the working population in Sub-Saharan Africa is expected to be larger than the rest of the world combined. South Africa (for non-voice Finance & Accounting) and Morocco (for voice-based services) offer cost savings of 40-60% over source geographies. trillion by 2025 and $2.5 trillion by 2030, according to market forecasts.

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10 Countries Developing Green Industry for a More Profitable Tomorrow

Velocity Global

Renewable Energy: The PFTF removes the cap on solar power expansion while increasing offshore wind power investment targets. As of December 2020, Korean Deputy Prime Minister and Finance Minister Hong Nam-ki said discussing the plan’s details was “ not appropriate at this stage.”