Solar Power Surpasses With 2/3 of New Generating Capacity Over New Coal Investments

Picture of Solar Trust Centre Team Solar Trust Centre Team : Oct 8, 2017 2:24:15 AM

Global

The Australian reported that renewable energy sources, specifically solar power, have exceeded coal generation and now provide 2/3 of the new electricity generating capacity worldwide. Solar power has surpassed investments in coal.

The annual review from the International Energy Agency showed that:

  • renewable energy will continue to have a fast uptake and will raise the worldwide electricity generation from 24% to 30% by the year 2022.
  • Denmark is predicted to be the leader with 70% of its power coming from solar and wind.
  • Ireland, the United States and Germany will contribute 1/4 of power from wind and solar.

Click here to read the full story on The Australian

China Will Spend $493 Billion on Renewable Power

Jan 7, 2017 8:42:26 PM

ABC News reported that China will spend $493 billion in support of renewable power generation by the year 2020 as stated by the country’s energy...

Solar Business Global
Read More
IEA Raises Forecast on Worldwide Renewable Forecast but Bleak on Australian Wind Power

IEA Raises Forecast on Worldwide Renewable Forecast but Bleak on Australian Wind Power

Oct 29, 2016 8:43:35 PM

The International Energy Agency has stated improved policy settings have accelerated the global uptake of renewable energy and forecast generation...

Business Global Australia
Read More
Coal Still Leads Electricity Generation despite Growth in Renewable Energy

Coal Still Leads Electricity Generation despite Growth in Renewable Energy

Jul 15, 2016 2:30:37 AM

Based on a news from ABC, coal continues to supply 2/3 of Australia’s electricity generation even though there’s an increase in renewable energy...

Business
Read More