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Renewable energy trends and developments powering a cleaner future

IBM Services

In addition, evolving regulations on corporate environmental, social and governance (ESG) initiatives around the world are increasing demand for renewable energy in the private sector, encouraging further growth. China saw a 66% increase in wind power capacity in 2023 and is on track for more additions in the coming years.

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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. Renewable Energy: Intending to reach net-zero carbon emissions by 2050, France’s new plan sets aside €9 billion to incentivize industrial companies to adopt greener energy sources.