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More Bang for the Buck: Record New Renewable Power Capacity Added at Lower Cost
http://web.unep.org/newscentre/more-bang-buck-record-new-renewable-power-capacity-added-lower-cost[font face=Serif][font size=5]More Bang for the Buck: Record New Renewable Power Capacity Added at Lower Cost[/font]
Press Release | April 6, 2017
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[font size=3]Frankfurt / Nairobi - As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to new research published today by UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance.
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Press Release | April 6, 2017
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- Global investment of $241.6 billion in 2016, 23% less than 2015, brought 138.5 gigawatts of new renewable power capacity (excluding large hydro), up 8 per cent from 127.5 gigawatts in 2015
- Average dollar capital expenditure per megawatt for solar photovoltaics and wind dropped by over 10%
- The proportion of global electricity provided by renewables rose from 10.3% in 2015 to 11.3% in 2016; prevents an estimated 1.7 gigatonnes of carbon dioxide emissions
[font size=3]Frankfurt / Nairobi - As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 per cent lower than the previous year, according to new research published today by UN Environment, the Frankfurt School-UNEP Collaborating Centre, and Bloomberg New Energy Finance.
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