IEA Cuts Renewable Energy Growth Forecast
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The International Energy Agency (IEA) has lowered its 2030 renewable energy growth forecast due to weaker outlooks in the US and China. This revised projection suggests a global target of tripling renewable energy use by 2030 may be missed. Factors include US tax incentive changes and China's shift to competitive auctions for renewables. However, India, the Middle East, North Africa, and several European nations show positive growth, with solar power leading the expansion.
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