Solar Power Surpasses With 2/3 of New Generating Capacity Over New Coal Investments

Jon Capistrano
Jon Capistrano
October 7, 2017

The Australian reported that renewable energy sources, specifically solar power, have exceeded coal generation and now provide 2/3 of the new electricity generating capacity worldwide. Solar power has surpassed investments in coal.

The annual review from the International Energy Agency showed that:

  • renewable energy will continue to have a fast uptake and will raise the worldwide electricity generation from 24% to 30% by the year 2022.
  • Denmark is predicted to be the leader with 70% of its power coming from solar and wind.
  • Ireland, the United States and Germany will contribute 1/4 of power from wind and solar.

Click here to read the full story on The Australian

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The story of the solar power sector’s growth is incredible – but not always accurate. We live in an era where there’s a lot of ‘fake news’ swirling around, and it can make public discourse very tense. Stating this fact – and that it’s obvious – doesn’t seek to enhance the distance between differing viewpoints. In fact, it’s seeking to do the opposite.