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Renewable energy can « leapfrog » existing energy models

The International Energy Agency (IEA) said the per-watt cost of solar electricity finally fell below fossil fuels last year. By 2025, the renewables sector is expected to hit $1.5 trillion value, up 61% from $928 billion in 2017. After that, renewables will have achieved a firm footing in regular society. Growth will be exponential. Source: MoneyMorning, 13.1.2021

Why 2021 could be turning point for tackling climate change

Renewables are now the cheapest energy ever: In October 2020, the International Energy Agency, an intergovernmental organisation, concluded that the best solar power schemes now offer “the cheapest source of electricity in history”. Business is going green too. The falling cost of renewable and the growing public pressure for action on climate is also transforming [...]

EU Market Outlook for Solar Power, 2020–2024

Today, SolarPower Europe published its new EU Market Outlook for Solar Power, which shows that despite the setbacks of COVID-19, the European solar market grew by 11%, adding 18.7 GW of installations. This figure makes 2020 the second-best year ever for solar in the EU, the strongest growth year since 2011, increasing the cumulative installed solar [...]

Solar becomes “the new king of electricity”

In their World Energy Outlook 2020, the International Energy Agency (IEA) predicts that "Solar becomes the new king of electricity", with solar as the main driver of growth setting new records for deployment each year after 2022 (followed by onshore & offshore wind). Source: International Energy Agency (IEA), october - 2020

By |October 1st, 2020|Tags: |
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