Rest of World
Batteries: Battery energy storage market expected to grow by 23% by 2030 (ESI)
- According to a report by Frost & Sullivan, national decarbonisation plans are driving an increased demand for battery storage.
Emissions: Global CO2 emissions set for second-biggest increase in history (IEA)
- Due to a rebound in demand for coal in electricity generation, emissions in 2021 are set to surge by 1.5 billion tons. This figure would be the highest on record since 2010, reversing most of last year’s COVID-19 related emissions decline.
General: Biden leads push for ‘decisive decade’ in fight against climate change (BBC)
- US president unveils new target to cut carbon emissions by 50-52% below 2005 levels by 2030 at major US-led climate summit which aims to encourage countries to raise their climate ambitions.
General: Recent report outlines the difficulties of investing in early-stage companies in Africa (Sun Connect)
- Read this short excerpt from Chasing Outliers: Why Context Matters for Early Stage Investing in Africa
Solar: LONGi sets industry record of 24.53GW of solar module shipments in 2020 (PV-Tech)
- This milestone marks LONGi’s achievement of becoming the largest PV manufacturer in the world, the first time the organisation has achieved this title.
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