Green technologies provide over one-third of world’s power

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Green technologies provide over one-third of world’s power

Apr 08, 2020 13:38 IST

According to new data from the International Renewable Energy Agency, solar, wind and other green technologies now provide more than one-third of the world’s power. Almost three-quarters of new electricity generation capacity built in 2019 uses renewable energy, representing an all-time record. Fossil fuel power plants are in decline in Europe and the US, but the number of coal and gas plants grew in Asia, the Middle East and Africa. The world has invested about $3 trillion in renewables over the past decade, but the annual investments must double by 2030 to tackle the climate emergency, says the agency.

Environment