Global renewable energy capacity grew 10.3% in 2020, Irena says

SourceThe National
SectorOil & Gas

Global renewable energy capacity increased 10.3 per cent last year to 2,799 gigawatts. More than 260 gigawatts of renewable energy capacity was added, a 50 per cent increase on capacity growth in 2019, the International Renewable Energy Agency said in a report. Solar energy made up more than 48 per cent of last year's additions, accounting for 127 gigawatts. Overall solar capacity grew 22 per cent year-on-year, while wind power capacity grew 18 per cent to 111 gigawatts.

Collectively, wind and solar accounted for 91 per cent of renewable additions last year, Irena said in its report. "Along with the renewed growth of more...