The Ukraine war has made the security and price stability of domestically produced renewable energy so attractive to governments that it will become the world’s top source of electricity in the next three years, according to The International Energy Agency.
The world will build 2,400 gigawatts (GW) of new generating capacity mainly from solar and wind energy in the next five years, equal to China’s entire current generating capacity, the IEA said in a new forecast released on Tuesday.
