Renewables accounted for almost two-thirds of net new power capacity around the world in 2016, boosted by a strong solar market, according to the International Energy Agency (IEA).
The study states that last year, new solar PV capacity around the world grew by 50%, reaching over 74 GW, with China accounting for almost half of this expansion. For the first time, solar PV additions rose faster than any other fuel, surpassing the net growth in coal.
