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View Full Version : As costs fall, global renewable energy installations hit new milestone



RandomGuy
08-03-2018, 02:23 PM
Global solar and wind installations have reached one trillion watts (1 terawatt) in capacity, recently released BloombergNEF (New Energy Finance) analysis shows.


Summary:
https://www.axios.com/as-costs-fall-global-renewable-energy-installations-hit-new-milestone-ec3fe02a-f1c9-4e48-a80a-2eab0814c770.html

https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iAz5rk3wy6l8/v1/800x-1.jpg
Bloomberg source:
https://www.bloomberg.com/news/articles/2018-08-02/green-energy-capacity-passes-a-trillion-watts

Most intriguing bit:


The findings illustrate the scale of the green energy boom, which has drawn $2.3 trillion of investment to deploy wind and solar farms at the scale operating today. BloombergNEF estimates that the falling costs of those technologies mean the next terrawatt of capacity will cost about half as much – $1.23 trillion – and arrive sometime in 2023.