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Global Renewable Power Capacity Breaches Two Terawatt Mark

Global renewable power generation capacity rose 161 gigawatts (GW) to 2.006 terawatts (TW) in 2016, marking the eighth consecutive year of 8-9 percent annual growth, according to IRENA (International Renewable Energy Agency). At that rate, capacity will double again in eight to nine years.

Fossil fuel market is flat in the face of renewable energy growth

Renewable Energy is Smashing Records and Crushing Fossil Fuels

This is another record-breaking year for renewable energy.  In both the developed and developing world renewables are growing at a faster rate than ever before. In 2015, for the first time ever, renewable energy accounted for more than half of new power generation worldwide. Last year, we saw more investment capital being funneled into renewables than ever before and more…

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Government projections continue to underestimate the trend of renewable energy growth

Government Forecasts Continue to Underestimate Renewable Energy Growth

In its first release of the monthly Energy Infrastructure Update for 2016, the Federal Regulatory Commission (FERC) reports five new “units” of wind and six new units of solar accounting for 100 percent of new electrical generation brought into service for January, with 468 megawatts (MW) and 145 MW respectively. Renewable energy sources from wind, solar, biomass, geothermal and hydro now deliver…

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