Energy and tech news at UN climate negotiations in Brazil
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Utilities around the world pledged $1 trillion in grid and renewable energy investments by 2030.
The Utilities for Net Zero Alliance made the announcement Friday during the UN climate conference taking place in Brazil. Investment need to grow from $390 billion in 2024 to $670 billion annually between now and 2030 to update power grids, according to the International Renewable Energy Agency (IRENA).
Global utilities set out USD 1 trillion investment plans at COP30 as grid spend grows
[The International Renewable Energy Agency ]
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