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Record 260 GW of new renewable energy capacity added in 2020: Research

Record 260 GW of new renewable energy capacity added in 2020: Research

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In its Renewable Capacity Statistics 2021 report, the agency said more than 80% of all new electricity capacity added last year was renewable, with solar and wind accounting for 91% of new renewables.

New Delhi: A record 260 gigawatts (GW) of new renewable energy capacity was added worldwide in 2020, up 50 per cent from the year before, the International Renewable Energy Agency (IRENA) said, as countries further reduced their reliance on fossil fuel power.

In its Renewable Capacity Statistics 2021 report, the agency said more than 80 per cent of all new electricity capacity added last year was renewable, with solar and wind accounting for 91 per cent of new renewables.

The rise in new capacity was partly because of the decommissioning of fossil fuel power generation in Europe, North America and in Armenia, Azerbaijan, Georgia, Russia and Turkey.

Source: Reuters
Anand Gupta Editor - EQ Int'l Media Network