Clean Tech Trade, Solar’s Rise, and COP30 Controversy
The global energy landscape continues to evolve, with notable developments in clean technology trade, solar energy affordability, and the financial performance of green energy stocks. Meanwhile, China reflects on a decade of power sector reforms, and controversy surrounds COP30 preparations in Brazil.
🌍 Clean Tech Trade to Triple by 2035
International trade in clean technologies is projected to nearly triple to $575 billion by 2035, making it more valuable than today’s global natural gas trade. The rapid growth reflects rising investments in renewable energy, EVs, and storage solutions.
☀️ Solar Panels Cheaper Than Roof Tiles
The cost of solar energy has fallen so dramatically that in some cases, solar panels are now cheaper than roof tiles or fence panels. The UK and global markets have seen record solar installations as affordability drives mass adoption.
📉 Green Energy Stocks Decline to 5-Year Lows
Green energy stocks have dropped to levels last seen five years ago, erasing gains from the ESG investment boom. Political uncertainty and shifting support for clean energy policies have led to a 16% decline in the S&P Global Clean Energy Transition Index over the past 12 months.
⚡ 10 Years of China’s Power Sector Reform
March 15 marked 10 years since China launched a new phase of power market liberalization. In 2024, market-based transactions accounted for 63% of total electricity consumption, driven by mid-to-long-term contracts. Experts reflect on the progress and future of China’s energy market.
🚧 COP30 Sparks Controversy Over Amazon Highway
A four-lane highway cutting through protected Amazon rainforest is being built in preparation for the COP30 climate summit in Belém, Brazil. While officials argue it improves infrastructure, critics say it undermines the event’s environmental goals.