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"In the industrialized world, Denmark will be the vanguard of renewable energy by 2022, with 70 percent of its electricity generated by wind, solar and other renewables," Cole writes. (Photo: Oregon Department of Transportation/Flickr/cc)
A new International Energy Agency report contains some startling findings about solar energy dominance and its future.
1. Renewables comprised 66% of all new net electricity capacity additions in 2016. Two-thirds of added capacity, in other words, consisted of photovoltaic solar cells, wind turbines and biofuels.
2. 165 gigawatts of new solar was added in 2016.
3. In 2016, new solar photovoltaic capacity globally grew by 50 percent.
4. China accounted for half of this additional solar capacity and for 42% of all new renewables additions.
5. Solar additions grew faster than any other fuel, leaving coal in the dust.
6. By 2022, the IEA expects nearly 1000 gigawatts of new solar to have been added internationally, an increase of 42 percent over today, in just 5 years.
7. Developments in India are also startling. By 2022 that country is expected to double its renewables electricity generation capacity (mainly wind and solar), a lightning fast pace of growth that is higher than the forecast for Europe.
8. Indian energy auctions yielded remarkably low prices for both wind and solar projects. In some Indian states, recent bids have been among the world's lowest, and in some cases so low as to complete successfully with coal.
9. In the industrialized world, Denmark will be the vanguard of renewable energy by 2022, with 70% of its electricity generated by wind, solar and other renewables.
10. In several major European states, the share of wind and solar in electricity generation will come to 25%.
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
A new International Energy Agency report contains some startling findings about solar energy dominance and its future.
1. Renewables comprised 66% of all new net electricity capacity additions in 2016. Two-thirds of added capacity, in other words, consisted of photovoltaic solar cells, wind turbines and biofuels.
2. 165 gigawatts of new solar was added in 2016.
3. In 2016, new solar photovoltaic capacity globally grew by 50 percent.
4. China accounted for half of this additional solar capacity and for 42% of all new renewables additions.
5. Solar additions grew faster than any other fuel, leaving coal in the dust.
6. By 2022, the IEA expects nearly 1000 gigawatts of new solar to have been added internationally, an increase of 42 percent over today, in just 5 years.
7. Developments in India are also startling. By 2022 that country is expected to double its renewables electricity generation capacity (mainly wind and solar), a lightning fast pace of growth that is higher than the forecast for Europe.
8. Indian energy auctions yielded remarkably low prices for both wind and solar projects. In some Indian states, recent bids have been among the world's lowest, and in some cases so low as to complete successfully with coal.
9. In the industrialized world, Denmark will be the vanguard of renewable energy by 2022, with 70% of its electricity generated by wind, solar and other renewables.
10. In several major European states, the share of wind and solar in electricity generation will come to 25%.
A new International Energy Agency report contains some startling findings about solar energy dominance and its future.
1. Renewables comprised 66% of all new net electricity capacity additions in 2016. Two-thirds of added capacity, in other words, consisted of photovoltaic solar cells, wind turbines and biofuels.
2. 165 gigawatts of new solar was added in 2016.
3. In 2016, new solar photovoltaic capacity globally grew by 50 percent.
4. China accounted for half of this additional solar capacity and for 42% of all new renewables additions.
5. Solar additions grew faster than any other fuel, leaving coal in the dust.
6. By 2022, the IEA expects nearly 1000 gigawatts of new solar to have been added internationally, an increase of 42 percent over today, in just 5 years.
7. Developments in India are also startling. By 2022 that country is expected to double its renewables electricity generation capacity (mainly wind and solar), a lightning fast pace of growth that is higher than the forecast for Europe.
8. Indian energy auctions yielded remarkably low prices for both wind and solar projects. In some Indian states, recent bids have been among the world's lowest, and in some cases so low as to complete successfully with coal.
9. In the industrialized world, Denmark will be the vanguard of renewable energy by 2022, with 70% of its electricity generated by wind, solar and other renewables.
10. In several major European states, the share of wind and solar in electricity generation will come to 25%.