Global renewable capacity surges 4.7% in 2021 as countries focus on clean energy projects – The National

  • Date: 24-Dec-2021
  • Source: The National
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Global renewable capacity surges 4.7% in 2021 as countries focus on clean energy projects – The National

Global renewable energy capacity jumped 4.7 per cent in 2021, as countries focus on reducing emissions to protect the environment.

The total installed renewable capacity reached 227 gigawatts this year, mainly driven by residential solar and offshore wind projects, according to a report from Rystad Energy.

“The renewable energy industry is facing some of its most significant challenges yet over the short term, but the future has never looked brighter with new and aggressive commitments from governments and companies alike,” Gero Farruggio, head of renewables research with Rystad Energy, said.