Renewable energy production is growing more every year and 2016 was no exception to that growth. In 2016 capacity of renewables increased by 8.7% and for the first time solar growth outpaced wind energy. Unsurprisingly the majority of the growth occurred in Asia seeing 58% of global growth happening in that one continent. Africa saw their installation of renewable energy sources per year double to 4GW of new capacity. These numbers all come from a report released today by the International Renewable Energy Agency.
This reenable growth is great to see! With the coal plants being shutdown in every major economy (except the USA) we should see this growth in capacity of renewable energy production continue! Cleaner air for all.
â€œWe are witnessing an energy transformation taking hold around the world, and this is reflected in another year of record breaking additions in new renewable energy capacity,â€ said IRENA Director-General Adnan Z. Amin. â€œThis growth in deployment emphasizes the increasingly strong business case for renewables which also have multiple socio-economic benefits in terms of fueling economic growth, creating jobs and improving human welfare and the environment. But accelerating this momentum will require additional investment in order to move decisively towards decarbonising the energy sector and meet climate objectives. This new data is an encouraging sign that though there is much yet to do, we are on the right path,â€ Mr. Amin added.