Article 5HPEX Global renewable energy industry grew at fastest rate since 1999 last year

Global renewable energy industry grew at fastest rate since 1999 last year

by
Jillian Ambrose Energy correspondent
from on (#5HPEX)

New wind and solar power projects in China, Europe and the US spurred 45% rise in capacity

The world's renewable energy industry grew at its fastest pace since 1999 last year, despite the disruption caused by the Covid-19 pandemic, and may have established a standard for growth in the future, according to the International Energy Agency (IEA).

The global energy watchdog revealed that the delivery of renewable energy projects, including windfarms and solar power projects, grew by 45% last year in a step change for the global industry.

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