Renewables reach record global capacity

A record level of renewable energy capacity was installed globally last year, even though investment in clean energy was 23% lower than in 2015.

Research commissioned by the UN found that new investment in renewables, excluding large hydro, totalled $241.6bn, the lowest since 2013.

However, falling costs resulted in a record 138.5 gigawatts of wind, solar and other renewables being added, 8% more than in 2015. The additional capacity figure was equivalent to 55% of all the generating capacity added globally in 2016 and the highest proportion in one ...

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