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The\u00a0data\u00a0compiled by the International Renewable Energy Agency (IRENA) shows that two-thirds of the power capacity added around the world in 2018 was from renewables. Wind and solar accounted for 84% of that total.<\/p>\n<\/p>\n
The\u00a0data\u00a0compiled by the International Renewable Energy Agency (IRENA) shows that two-thirds of the power capacity added around the world in 2018 was from renewables. Wind and solar accounted for 84% of that total.<\/p>\n
2018 was characterized by a spate of\u00a0solar and wind pricing breakthroughs. Falling interest rates for investors, ongoing technology improvements and regulatory frameworks that encourage competition among would-be developers have all played a part. Fossil fuels have been frequently undercut by renewables. Pipelines of subsidy-free projects are building up in the\u00a0UK,\u00a0Spain, throughout the\u00a0Middle East\u00a0with\u00a0China dipping its toe in as well. The direction of travel is clearly set.<\/p>\n
The geographical distribution of the new plants includes developing and developed economies but it is the former leading the way. The three fastest growing regions were Oceania, Asia and Africa. Asia also became the first terrawatt region, just, with IRENA\u2019s figures putting installed renewable capacity at 1,024GW. More than two-thirds of that is in China.<\/p>\n
\u201cThrough its compelling business case, renewable energy has established itself as the technology of choice for new power generation capacity,\u201d said IRENA Director-General Adnan Z. Amin. \u201cThe strong growth in 2018 continues the remarkable trend of the last five years, which reflects an ongoing shift towards renewable power as the driver of global energy transformation.<\/p>","protected":false},"excerpt":{"rendered":"
One-third of the world’s installed electricity generation capacity is from renewable sources, according to the latest industry statistics. The\u00a0data\u00a0compiled by the International Renewable Energy Agency (IRENA) shows that two-thirds of the power capacity added around the world in 2018 was from renewables. Wind and solar accounted for 84% of that total. 2018 was characterized by […]<\/p>\n","protected":false},"author":1,"featured_media":90744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,53,49,50],"tags":[33544,49148,43162,42491,41345,67,1009,35038,42842,49149,23416,23133,24285,3386,49147,49151,42552,42553,35002,43719,24949,23318,34960,42843,42845,11434,49150,34977,3387,43720,43723,43721,41832,26829,508],"views":1637,"_links":{"self":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/90736"}],"collection":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/comments?post=90736"}],"version-history":[{"count":6,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/90736\/revisions"}],"predecessor-version":[{"id":90749,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/90736\/revisions\/90749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media\/90744"}],"wp:attachment":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media?parent=90736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/categories?post=90736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/tags?post=90736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}