IEA Sees ‘Exceptional’ Solar, Wind Growth as ‘New Normal’
- May 18, 2021 3:18 am GMTMay 14, 2021 2:58 pm GMT
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The “exceptional” global growth of solar and wind capacity is set to become a “new normal” in 2021 and 2022, the International Energy Agency says, prompting the epically cautious organization to boost its forecast of future renewables growth by 25%—just six months after it published the last set of figures.
Solar and wind installations grew a “huge” 280 gigawatts (GW), or 45%, despite pandemic restrictions in 2020, for the largest percent increase since 1999, Carbon Brief reports. “Overall, the IEA says renewables accounted for 90% of new electricity generating capacity added globally last year and that they will meet the same share in each of the next two years.”