RES facilities grew at the highest rate in 20 years last year, the IEA said in a report.
In fact, the organization estimates that this strong pace will henceforth be the normal course of the industry and strengthened its estimates by 25% for 2021 and 2022 with 270 and 280 gigawatts respectively.
“Governments need to build on this momentum through policies that encourage more investment in wind and photovoltaics, as well as the grid that will need other renewable technologies, such as hydropower, bioenergy and geothermal energy,” he said. IEA, Fatih Birol.
However, the IEA warned that CO2 emissions are expected to increase this year as coal use increases internationally.
