Blurred energy nirvana: The world is fast turning green

Even though coal is back on the table, renewable energy is growing strongly

Europe is extending the life of its coal plants, India is expanding coal production, while South Africa and Indonesia have just secured $1 billion from the climate investment funds to prematurely retire coal plants to transition to renewables. The headlines on coal and coal power may be befuddling, but there are some solid numbers emerging on how the world is becoming greener, and how electricity generation is becoming increasingly decentralised. Global green equipment manufacturing — from solar panels to battery components and batteries — will also span multiple countries and look very different from the way it does today if