Three countries are leading the renewable energy revolution
World Economic Forum
Renewable energy production surged in 2016, with around two-thirds – or 165 gigawatts – of net new capacity coming from clean sources.
This was thanks largely to booming solar-panel deployment in China and throughout the world, which grew by 50% to around 74 gigawatts.
That is according to the International Energy Agency’s (IEA) Renewables 2017 report, which says sharp cost reductions and improved policy support are paving the way for continued growth in the renewables sector.
The report says record performance in 2016 “forms the bedrock” of the IEA’s electricity forecast, which predicts renewable energy capacity will expand by 43% – or more than 920 gigawatts – by 2022. It adds that solar will continue to dominate the renewables market, generating far more electricity in the next four years than wind and hydropower, for example.