China leading the way in solar energy expansion as renewables surge

China leading the way in solar energy expansion as renewables surge

The development of renewable energy is setting new records, with solar power now becoming cheaper than energy from new coal or nuclear plants. China and other players in Asia are making serious inroads into the market.

The addition of new renewable power sources set new records last year, according to the latest Renewables Global Status Report.

The annual report, published by the Renewable Energy Policy Network for the 21st Century (REN21) on Wednesday, said that 161 gigawatts (GW) had been installed worldwide in 2016, bringing global capacity to nearly 2,017 GW – an increase of almost 9 percent over 2015. Read More…

 

 

 

Credit By: DW

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