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Firetrace International has opened facilities in India and China. China is targeting 1,200GW of wind and solar energy by the end of 2030, with a current capacity of 687GW at the end of 2021, according to Bloomberg New Energy Finance.
India is targeting 500GW of non-fossil power generation by the end of the decade with having 152.9 GW of renewable capacity installed in February 2022, generating the fourth-largest wind sector globally, Bloomberg NEF estimates. Surrounding regions in Asia Pacific harbour similar ambitions for renewable energy production.
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