Re­new­able en­ergy achieves new record

So­lar out­paces wind for new power ca­pac­ity ac­cord­ing to IRENA

Middle East Business (English) - - CONTENTS -

IRENA's re­port, Re­new­able En­ergy Ca­pac­ity Sta­tis­tics 2017, es­ti­mates that by the end of last year the world’s re­new­able gen­er­a­tion ca­pac­ity reached 2,006 GW, with so­lar en­ergy show­ing par­tic­u­larly strong growth. “We are wit­ness­ing an en­ergy trans­for­ma­tion tak­ing hold around the world, and this is re­flected in an­other year of record break­ing ad­di­tions in new re­new­able en­ergy ca­pac­ity,” said IRENA Direc­torGen­eral Ad­nan Z. Amin. “This growth in de­ploy­ment em­pha­sises the in­creas­ingly strong busi­ness case for re­new­ables which also have mul­ti­ple so­cio-eco­nomic ben­e­fits in terms of fu­el­ing eco­nomic growth, cre­at­ing jobs and im­prov­ing hu­man wel­fare and the en­vi­ron­ment. But ac­cel­er­at­ing this mo­men­tum will re­quire ad­di­tional in­vest­ment in or­der to move de­ci­sively to­wards de­car­bon­is­ing the en­ergy sec­tor and meet cli­mate ob­jec­tives. This new data is an en­cour­ag­ing sign that though there is much yet to do, we are on the right path,” Mr. Amin added. IRENA’s new data shows that last year’s ad­di­tions grew the world’s re­new­able en­ergy ca­pac­ity by 8.7%, with a record 71 GW of new so­lar en­ergy lead­ing the growth. 2016 marked the first time since 2013 that so­lar growth out­paced wind en­ergy, which in­creased by 51GW, while hy­dropower and bioen­ergy ca­pac­i­ties in­creased 30GW and 9GW re­spec­tively - the best ever year for growth in bioen­ergy ca­pac­ity. Geo­ther­mal en­ergy ca­pac­ity in­creased by just un­der 1GW. Asia ac­counted for 58% of new re­new­able ad­di­tions in 2016, ac­cord­ing to the data, giv­ing it a to­tal of 812GW or roughly 41% of the global ca­pac­ity. Asia was also the fastest grow­ing re­gion, with a 13.1% in­crease in re­new­able ca­pac­ity. Africa in­stalled 4.1GW of new ca­pac­ity in 2016, twice as much as 2015. This year’s edi­tion of Re­new­able En­ergy Ca­pac­ity Sta­tis­tics con­tains for the first time data specif­i­cally for off-grid re­new­ables. IRENA shows that off- grid re­new­able elec­tric­ity ca­pac­ity reached 2,800 megawatts (MW) at the end of 2016. Roughly 40% of off- grid elec­tric­ity was pro­vided by so­lar en­ergy and 10% from hy­dropower. The ma­jor­ity of the re­main­der came from bioen­ergy. It is es­ti­mated that glob­ally as many as 60 mil­lion house­holds, or 300 mil­lion peo­ple, are served with and ben­e­fit from off-grid re­new­able elec­tric­ity. Re­new­able En­ergy Ca­pac­ity Sta­tis­tics 2017 of­fers the most com­pre­hen­sive, up- to- date and ac­ces­si­ble fig­ures on re­new­able en­ergy ca­pac­ity sta­tis­tics. It in­cludes fig­ures from 2000 to 2016, and con­tains data from more than 200 coun­tries and ter­ri­to­ries.

Ac­cess Re­new­able En­ergy Ca­pac­ity Sta­tis­tics 2017: http://www.irena.org/ Doc­u­men­tDown­loads/Pub­li­ca­tions/ IRENA_RE_Ca­pac­i­ty_ Statis­tics_2017.pdf

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