Global Demand for Renewable Energy Is Set to Surge

New reports show that renewable energy demand is expected to soar in the coming years as several countries around the globe undergo a green transition. The global energy demand is expected to increase in line with population growth, industrialization, and the rise in the use of complex technologies, such as artificial intelligence (AI).  The global demand for electricity is expected to double by 2050 compared to 2020 levels according to recent assessments. This is driving countries to ramp up their renewable energy capacity to support a green…