Historic milestone: renewables now largest source of installed power in the world

Renewables surpassed coal last year to become the largest source of installed power in the world, new data from the International Energy Agency data has revealed.

The historic milestone prompted the IEA to significantly boost its five-year forecast for renewables growth amid sharp cost reduction and significant policy support in key countries.

Renewables are expected to cover more than 60% of global power capacity growth over the next 5 years, according to the IEA.

For all the details, head to the IEA website.


Header image credit: RTPeat via Flickr licensed under CC BY-NC-ND 2.0.

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