13 Jun '17, 1am

Another Record Breaking Year for #Renewable Energy: More Power Capacity for Less Money

Press Releases Another Record Breaking Year for Renewable Energy: More Power Capacity for Less Money Record renewable energy capacity of 161 gigawatts added in 2016, for 23 percent less investment (USD 241.6 billion) WASHINGTON, June 6, 2017 – Today REN21 published its Renewables 2017 Global Status Report (GSR), the most comprehensive annual overview of the state of renewable energy. Additions in installed renewable power capacity set new records in 2016, with 161 gigawatts (GW) installed, increasing total global capacity by almost 9 percent over 2015, to nearly 2,017 GW. Solar photovoltaic (PV) accounted for around 47 percent of the capacity added, followed by wind power at 34 percent and hydropower at 15.5 percent. Renewables are becoming the least cost option. Recent deals in Denmark, Egypt, India, Mexico, Peru and the United Arab Emirates saw renewable electricity bein...

Full article: http://acore.org/resources/press-releases/6248-another-re...

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