According to a report from the Centre for Research on Energy and Clean Air (CREA), global power generation from fossil fuels dropped by 1% in March 2023, coinciding with the escalation of conflict following the closure of the Strait of Hormuz. The report highlights that the increase in solar and wind energy production offset declines in gas-fired generation, with solar power being a significant contributor in the US and India. In contrast, coal-fired generation fell in several countries, including India, the US, and the EU, while China saw a 2% increase in coal generation due to high prices. The analysis covers 87% of global coal and 60% of gas-fired power generation. Notably, the report states that the 510 GW of solar and 160 GW of wind capacity added in 2025 will produce around 1100 TWh of electricity annually, surpassing previous fossil fuel outputs. Additionally, India has improved its standing in renewable energy, now ranking third globally with a total of 250.52 GW of installed capacity. This shift underscores the increasing importance of clean energy in the global energy landscape.