Renewable energy continued to grow in 2011-09-14
Despite the continuing economic recession, incentive cuts and low natural gas prices, the renewable energy sector continues to grow, says the REN21 Renewables 2011 Global status report. The report states that in 2010, renewable energy supplied an estimated 16% of global final energy consumption and delivered around 20% of global electricity production. Including all hydropower […]
Record PV installation in 2009 and huge PV and concentrating solar power capacity for the future
According to Worldwatch Institute, in 2009 7.3 MW of new solar PV capacity was installed, a 20% increase form 2008 resulting in global PV capacity passing the 21 GW mark. In 2009 around 127 MW of concentrating solar thermal electric power plants came online. Europe has contributed the most significantly to PV demand, installing 72% […]
Wind power growth set to halt after 2009 peak
According to the Worldwatch Institute, in 2009 wind power contributed 2% to global electricity consumption worldwide and global wind power capacity increased by 31%, the highest rate in the last 8 years despite the recession. However this growth is unlikely to continue in 2010 and the US market is facing increased competition according to recent […]