The current energy deficit serves as a preview of future global power requirements for 2025, 2030, and 2050.
To promote clean energy and reduce carbon emissions, many countries have formulated short-term and long-term plans to increase the share of renewable energy in total power consumption.
Most countries have set targets ranging from 40–50% (minimum) to 80% (maximum) by 2031. Solar power and wind energy are the most prominent business segments, while biomass, hydel, and geothermal energy continue to demonstrate proven feasibility and financial return models.
COMPAXED supports developers, governments, policymakers, individual power producers, utilities, power exchanges, certifying authorities, and investors in greenfield projects. Our expertise in green energy project development has enabled the successful execution of numerous initiatives.
