Renewable power accounted for 70% of net additions to global power generating capacity in 2017: Report

Renewable power accounted for 70 percent of net additions to global power generating capacity in 2017, the largest such increase in modern history, a report said on Monday. But the heating, cooling and transport sectors, which together account for about four-fifths of global final energy demand, continue to lag far behind the power sector.

According to the REN21’s Renewables 2018 Global Status Report, solar photovoltaic (PV) capacity reached record levels.

File image of solar panels. Reuters
Solar PV additions were up 29 percent relative to 2016, to 98 GW. More solar PV generating capacity was added to the electricity system than net capacity additions of coal, natural gas and nuclear power combined, said the report.

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