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renewable energy

Record year for renewable energy

2016 was another record year for renewables, according to a new report released today by the International Energy Agency (IEA).

The report reveals that ‘almost two-thirds of net new power capacity around the world came from renewable energy’ in large part thanks to Solar PV capacity, which ‘grew by 50%, reaching over 74 GW, with China accounting for almost half of this expansion’.

By 2022 the IEA estimates renewable electricity capacity should grow by 43%.

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