Renewable Electricity Capacity Expected to Increase 4,800 GW by 2026
The International Energy Agency reports the world is set to add nearly 290 gigawatts of renewable power capacity this year, an all-time record for new installations.
Edited by Chris Pasion
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According to the International Energy Agency, the world is set to add nearly 290 gigawatts of renewable power capacity this year, an all-time record for new installations. The IEA expects renewables to account for “almost 95% of the increase in global power capacity through 2026.”
The IEA’s Renewables Market Report forecasts that the planet’s renewable electricity capacity will increase more than 4,800 GW by the year 2026.
An article by CNBC reports that China is set to be the main driver of renewable capacity growth in coming years, with Europe, the U.S. and India following.
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