Countries are targeting 5.4 terawatts (TW) of installed renewable power capacity by 2030, which would only be half of the 10.8 TW of installed capacity needed, said the International Renewable Energy Agency (Irena).
The global liquid biofuels market size was valued at USD 116.00 billion in 2019. The market is forecast to rise USD 219.97 billion by 2027 at a CAGR of 8.4%