08-June-2025
Economy News
 
India spent $100 billion on clean energy in 2024, China $627 billion, say IEA
07-Jun-2025

India will meets its target of 50 percent non-fossil generation capacity earlier than planned even as the country saw the third-largest growth in power generation capacity in the world after China and the US in past five years, the International Energy Agency (IEA) has said in its latest report. In 2024, 83 percent of India's investments in the power sector was towards clean energy, the World Energy Investment 2025 report, released on June 6, said. "India looks set to reach its 2030 target of 50 percent non-fossil generation capacity ahead of schedule.

News Source:- https://www.moneycontrol.com/news/business/india-spent-100-billion-on-clean-energy-in-2024-china-627-billion-say-iea-13102293.html