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India Logged World’s 3rd-Highest Power Generation Growth, Finds IEA

The International Energy Agency (IEA) latest report showed that India has seen the third-largest growth in power generation capacity in the world after China and the United States (US) over the past five years. IEA report explained, “While growth in power generation has come from all sources, there has been a surge in investment in […]

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India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA

India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […]

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India Emerges As Key Player in Global Energy Investment: IEA

India’s rapidly evolving energy landscape features prominently in the International Energy Agency’s (IEA) World Energy Investment 2025 report, underscoring the country’s pivotal role in global energy investment trends. India has demonstrated a strong pickup in solar investment in 2024, with renewables expanding rapidly alongside continued coal development. The country approved an additional 15 gigawatts (GW) […]

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China’s Energy Spending Equals EU, US Combined In 2025: IEA

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, said a new International Energy Agency (IEA) report, with clean energy technologies attracting twice as much capital as fossil fuels. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency […]

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Global EV Market On Track To Top 40% By 2030: IEA

The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […]

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India Sees Second Largest Rise In Energy Demand Globally: IEA

A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […]

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Emerging Nations To Account For 85% Electricity Demand By 2027-IEA

Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […]

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Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA

The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […]

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India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA

While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region represent nearly 15% of the global total. Several other countries, […]

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