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Global renewable energy grew at fastest pace in two decades in 2020

Renewable energy grew at its fastest pace in two decades last year, led by China, and will continue to grow in the next two years, a report by the International Energy Agency (IEA) showed on Tuesday.

New renewable energy capacity in 2020 rose by 45% to 280 gigawatts (GW) last year, the largest year-on-year increase since 1999, even though there were supply chain disruptions and construction delays due to the impact of COVID-19.

“Wind and solar power are giving us more reasons to be optimistic about our climate goals as they break record after record,” said IEA executive director Fatih Birol. “Last year the increase in renewable capacity accounted for 90% of the entire global power sector’s expansion,” he added.

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renewable energy, sustainable cities

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