The world banks on sunshine, UN says in renewable energy report

5 April

In 2017, solar energy dominated global investment in new power generation like never before, according to a new United Nations-backed report, which shows a steady move away from fossil fuel-based power production to ‘green’ power sources.

Last year, the world installed a record 98 gigawatts of new solar capacity, far more than the net additions of the rest – other renewables, fossil fuel and nuclear, according to the Global Trends in Renewable Energy Investment 2018 report, released Thursday by the UN Environment Programme (UNEP) and its partners.

Solar power also attracted far more investment than any other technology, at $160.8 billion, up 18 per cent. More.