Fossil fuels are expected to dominate the primary energy mix thru 2040, even in scenarios where countries meet the Paris Agreement’s climate goals.

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.

Combined, they accounted for or 22,451 megawatts (MW) or more than three-quarters (78.09%) of the 28,751 MW of new utility-scale capacity reported to have been added last year. Wind (13,626 MW) and solar (8,543 MW) each contributed more new generating capacity than did natural gas (6,259 MW).

According to the Brazilian Association for Distributed Generation (ABGD), the DG segment will grow by over 50% during this year, closing 2021 with an installed capacity of more than 7GW.

the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050.

The evolution to a more digital and carbon-free grid and industry will continue.

According to the Ministry of Energy of Chile, 94 power projects with a combined capacity of 6,016 MW are expected to be connected to the National Electric System in 2021, for a total investment of over US$10,450m.

In November 2020, the Spanish Council of Ministers approved a decree establishing a new regulatory framework for renewable energy auctions, the Economic Renewable Energy Regime (Régimen Económico de Energías Renovables, REER).

South Africa intends to launch three tenders for 6.8 GW of renewable energy sources and 5 GW of new coal, gas, and storage projects in 2021-2022.

Since 2005, the three power resources have accounted for more than 90% of all capacity additions (328 GW), with a remarkable 97% (170.9 GW) during the last seven years alone.

China added nearly 72 GW of wind power capacity and 48 GW of solar capacity in 2020.

Mainstream Renewable Power is the largest independent developer in Chile and has significant assets in Africa.

The expanding solar market could also provide a needed source of employment for the recession-stricken nation. Renewable energy employs 11.5 million people worldwide, and solar power accounts for 33% of that

French energy major Total SE (EPA:FP) today announced a deal to purchase a 20% stake in the green energy unit of India’s Adani Group and take 50% of its 2.35-GW portfolio of operating solar parks.

At the end of 2020, Engie's gross renewable energy capacity amounted to 31 GW, including 57% of hydropower and 43 % of wind and solar.