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eight, 2021, the White House released a report produced by the US Division of Energy that found that solar power could generate up to 45% of the US electrical energy supply by 2050, compared to lower than 4% today Joshua D. Rhodes, an vitality expertise and policy researcher at the College of Texas at Austin, explains what it would take to fulfill this target.
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The Solar Futures Study estimates that producing forty five% of the nation’s electrical energy from solar energy by 2050 would require deploying about 1,600 gigawatts of photo voltaic generation. Foreign Direct Investment (FDI) is critically necessary for India to turn into a USD 5 trillion economy, Deloitte CEO Punit Renjen mentioned whereas noting that over two-fifths of the 1,200 enterprise leaders surveyed in the US, UK, Japan and Singapore are planning further or first-time investments in India.