NewEnergyNews: Global New Energy Overtakes Coal, Adds A Half-Million Solar Panels Daily

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    Founding Editor Herman K. Trabish

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  • TODAY AT NewEnergyNews, February 21:

  • ORIGINAL REPORTING: Common Ground In Texas On How To Drive Utilities To New Energy
  • ORIGINAL REPORTING: Are Electricity Customers Ready For Dynamic Pricing?

    Friday, October 28, 2016

    Global New Energy Overtakes Coal, Adds A Half-Million Solar Panels Daily

    Global renewable power capacity overtakes coal as 500,000 solar panels installed every day

    Emily Gosden, 25 October 2016 (UK Telegraph)

    “Global renewable electricity capacity has overtaken coal to become the world's largest installed power source for the first time, after a record-breaking year in which half a million solar panels were installed every day…As a result, worldwide renewable capacity hit 1,985 GW, or about 31pc of global power capacity, just pipping coal-fired power, which stands at 1,951 GW, the IEA said…The IEA forecast that renewables expansion would continue apace, with 825 GW expected to be built by 2021 – 13pc more than the IEA had forecast just a year ago…That should help boost the share of renewable power in the global electricity mix to 28pc by 2021…[Recent cost reductions in onshore wind and solar panels have been termed ‘unthinkable just five years ago’ and are expected to continue]…” click here for more

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