That brings the total shortfall to nearly $2.5 billion, according to a market notice.

"The entire energy sector failed Texas," said NRG Energy Inc Chief Executive Mauricio Gutierrez, who testified.

The Central Electricity Authority (CEA) projects that solar and wind will form 51% of India’s total installed capacity, or 420GW, by 2030, with biomass and small hydro adding another 30GW, while the IEA’s India Energy Outlook 2021 says that India could add 900GW of renewable capacity by 2040.

NREL said it had established the CPO to “accelerate [its] leadership in securing renewable energy technologies and distributed energy systems”

The US offshore wind market is expected to grow several-fold increase in capacity, from 2020 levels of (42 MW) to estimated ~28 GW by 2030

Overall, Iberdrola’s operating profit fell by 3% to €1.2 billion (US$1.4 billion), driven by its recent commissioning of new plants as it ramps up its renewables capacity.

The offshore wind industry installed just over 6 GW of new capacity globally in 2020, nearly the same levels as the previous year.

Turkey wind energy contributed to over 10% of the country's total electric production for the first time.

France’s installed renewable capacity, including hydropower, increased by more than 2 GW in 2020

In addition, South African authorities intend to ease licensing requirements for new embedded generation projects, which could unlock up to 5,000 MW of additional capacity.