Source: Good News Network
Solar power has continued to break records in 2017, thanks to historic investments and developments worldwide.
According to UN Environment, solar power received $160.8 billion in investments, which is 18% higher than last year and more than any other energy sector.
Additionally, the world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology, including renewable, fossil fuel, or nuclear.
It made up 57% of last year’s total for all renewables (excluding large hydro) of $279.8 billion, and it towered above new investment in coal and gas generation capacity, estimated at $103 billion.
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A driving power behind last year’s surge in solar was China, where an unprecedented boom saw some 53 gigawatts added – more than half the global total – and $86.5 billion invested, up 58%.
The Global Trends in Renewable Energy Investment 2018…
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