Renewables will account for about 95% of growth in global power-generation capacity up to the end of 2026, finds energy agency
It has been another record year for renewable energy, despite the Covid-19 pandemic and rising costs for raw materials around the world, according to the International Energy Agency (IEA).
About 290GW of new renewable energy generation capacity, mostly in the form of wind turbines and solar panels, has been installed around the world this year, beating the previous record last year. On current trends, renewable energy generating capacity will exceed that of fossil fuels and nuclear energy combined by 2026.