Report: The World Invested $264 Billion In Renewable Energy In 2016

in #technology • 7 years ago

Farm

According to the latest Global Status Report from REN21, the world saw $264 Billion of investments in renewable energy in 2016.

The world added 75 GW of renewable capacity in 2016, to bring the total to 303 GW of installed capacity. Last year the world had added 51 GW, and the year before just 40 GW. This is a result of rapidly falling prices in the renewable sector. The additions from 2016 totaled more than all existing renewable capacity in 2011.

Solar technology was the most popular for the year. This represents a big change from previous years, when wind energy dominated. We can expect records to continue to be broken, and renewable trends to continue into 2017.

Image Sources: 1

#renewable #science #news #environment
7 years ago in #technology by
$0.31
  • Past Payouts $0.31, 0.00 TRX
  • - Author $0.25, 0.00 TRX
  • - Curators $0.06, 0.00 TRX
4 votes
Reply 4
Sort:  
  • Trending
    • [-]
     7 years ago 

    Thanks for sharing - hope it's just the beginning!

    $0.29
    • Past Payouts $0.29, 0.00 TRX
    • - Author $0.29, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    2 votes
    Reply
    [-]
     7 years ago 

    FINALLY! Its about damn time.

    [-]
     7 years ago 

    Progress is happening big time! It's super exciting