Wind and solar energy generated more electricity than coal in the USA during the first seven months of the year. In the USA, almost twice as much solar energy will be added compared to last year.
Wind and solar power generated 30% of EU's electricity during the first half of 2024. For the first time, 13 EU countries produced more electricity from wind and solar than from fossil fuels.
China's combined capacity for wind and solar power has for the first time exceeded coal. Solar energy is expected to surpass coal as China's primary energy source by 2026. China has reduced new coal power projects and is focusing on phasing out smaller coal power plants.
Record decrease in coal, gas, and CO2 emissions in 2023 resulted in the EU's cleanest electricity mix ever. Emissions from the power sector have now nearly halved (-46 percent) since their peak in 2007.
The world is experiencing the fastest expansion of renewable energy in three decades. Solar energy accounted for three-quarters of the new capacity. The price of solar panels dropped by nearly 50 percent compared to 2022.
In 2010 it took an average of a month to install one gigawatt of solar capacity. By 2015, this pace quickened to a week, and in 2023, it is expected to exceed one gigawatt per day.
Record growth of clean energy technologies boosts hope. The world is set to invest a record USD 1.8 trillion in clean energy in 2023.
A mere 0.5 percent of all major projects are completed as planned and within budget. Have the pessimists FINALLY found something they're right about? One might think so, but...