China has continued to be the world’s dominant force in the building and financing of clean energy technology globally in 2017, according to a report published by the Institute for Energy Economics and Financial Analysis (IEEFA).

In the Brain Storming Session chaired by Hon’ble Minister of State (I/C) for Power and Renewable Energy with officers of Ministry of Power (MoP) and MNRE on 9.10.17, it was decided, inter-alia, to constitute a Committee to give recommendations on the optimal energy mix in power generation on medium and long-term basis.

For more than two decades, the European Union (EU) has been at the forefront of global renewable energy deployment. This preview for policy makers outlines the EU’s potential to meet increasingly ambitious renewable energy targets.

Massive flows of finance are needed to accelerate renewable energy investments. More investment in renewables would reduce energy-related carbon emissions, a key element in efforts to limit global warming.

Renewable energy has emerged as an increasingly competitive way to meet new power generation needs.

This report outlines the progress renewable energy sources (RES) made in 2015 in the European Union (EU) as a whole, and at country, market sector and technology level. It also provides early European Environment Agency (EEA) estimates regarding developments at all of these levels in 2016.