Environment
Record amounts of new renewables were added to energy systems worldwide last year at a lower cost as clean technology prices fell, a report shows
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Record amounts of new renewables were added to energy systems worldwide last year at a lower cost as clean technology prices fell, a report shows.
Wind, solar, biomass, geothermal, small-scale hydropower, marine energy and waste-to-energy schemes added 138.5 gigawatts (GW) to global power capacity, equivalent to the total installed capacity of Canada.
The figure, which excludes large hydroelectric dams, is up 8 per cent from 127.5GW in 2015.
Despite the increase, global investment in new renewables was down almost a quarter to $ 241.6 billion as the costs of renewables such as solar and wind fell.
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