New Delhi, April 29 (SocialNews.XYZ) The Global Energy Monitor said on Tuesday that the founding BRICS members -- India, Brazil and China continue to lead the global clean energy transition, but countries that have recently joined them are pursuing fossil fuels.
The bloc can play a crucial role in the power sector buildout by backing clean energy power projects across new bloc members.
The trio BRICS nations have some of the largest wind and solar fleets in the world, all ranking among the top five and seven countries globally in terms of operating wind and utility-scale solar capacity, respectively.
In addition, they have more than twice as much wind and utility-scale solar capacity as fossil fuels in development -- projects that have been announced or are in the pre-construction and construction phases.
The Global Energy Monitor said fossil-powered capacity dropped below half of the total mix in the BRICS group for the first time in 2024.
However, new BRICS members are building more than 10 times as much coal, oil, and gas capacity (25 GW as wind and utility-scale solar (2.3 GW).
But data in the Global Integrated Power Tracker also show 25 GW of coal, oil, and gas capacity under construction in the newest BRICS countries
Source: IANS
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