TOKYO -- The International Energy Agency has revised down the pace of global renewable energy growth, citing policy changes in the U.S. and China that will slow the buildout in the world's two largest economies.
Energy
IEA lowers renewables forecast due to China, US policy changes
Industry now expected to grow by 4,600 GW by 2030, down from 5,500 GW
A solar power station in Tongchuan, China's Shaanxi province, in December 2019: China is "on track to reach its recently announced 2035 wind and solar target five years ahead of schedule" despite a renewables pricing shift, the IEA says. © Reuters
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