Renewable energy reached an important turning point last year with record new installations of emissions-free power surpassing sources that burn fossil fuel, according the International Energy Agency.
New installations of renewable energy overtook conventional power for the first time in 2015, the Paris-based agency said Tuesday in its Medium-Term Renewable Energy Market Report. Global green power rose by a record 153 gigawatts, equivalent to 55 percent of newly installed capacity last year. Total installed capacity exceeded coal for the first time, the IEA said. [...]
The IEA raised its estimate of the amount of green energy on power grids by 13 percent, revising its forecast to 42 percent by 2021. About 500,000 solar panels were installed each day across the globe in 2015, according to the report.
Renewables capacity will be supported by falling costs, according to the agency. Solar panels are projected to be a quarter cheaper over the five year forecast period ending in 2021. Onshore wind-turbine prices may drop 15 percent.
No comments:
Post a Comment