Renewable energy set to grow 40 percent globally by 2022, says IEA

The forecast – a significant upwards revision of the The International Energy Agency’s (IEA) renewables projections last year – is largely driven by increasing expansion of solar energy in China and India, says the Paris-based organization.

Renewables accounted for almost two-thirds of net capacity additions in 2016, with almost 165 gigawatts (GW) coming online, the IEA adds.

A further 920GW of renewable capacity will be installed by 2022, according to its forecasts.


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