Tag Archives: Renewable Energy Growth

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.

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Renewable Energy is Smashing Records and Crushing Fossil Fuels

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

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 installed capacity. Currently, renewable …

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Government Forecasts Continue to Underestimate Renewable Energy Growth

Government projections continue to underestimate the trend of 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 17.93 percent of all …

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Renewable Energy Outpaces All Other Sources for Electrical Generation Growth in 2014

The dawn of the age of renewable energy

Non-Hydro Renewables Grew 11 Percent in 2014 – The latest Electric Power Monthly report from the U.S. Energy Information Administration (EIA), with data through the end of 2014, shows renewable energy leading the pack for net electrical generation growth last year, up 10.9 percent compared to 2013. Solar power’s contribution to net generation more than doubled, up 102.8 percent. Wind generation grew by 8.3 percent, biomass …

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