The global goal to triple renewable energy capacity by the end of the decade is still within reach, but massive investments in power grids and energy storage will be needed, the International Energy Agency (IEA) said in a new report on Tuesday. At the COP28 climate summit in Dubai at the end of 2023, nearly 200 countries made a collective pledge to triple global renewable capacity by 2030, aiming to keep within reach the Paris Agreement target of limiting global warming to 1.5 degrees Celsius. They also committed to doubling the rate of energy…

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