A new report has good news for the renewable energy market
A new report from the International Energy Agency (IEA) shows that global clean power production will expand by more than 40 percent by 2017.
According to the IEA’s Medium-Term Renewable Energy Market Report 2012, renewable power production will expand by 1,840 terawatt hours (Twh) over the next five years compared to 2011 levels. The agency expects 710 GW of extra renewable capacity will be added, with growth most pronounced in new markets outside the OECD. China will account for nearly 40 percent of the new power, while India and Brazil expect to see significant increases in renewables. The US and Germany will also play an integral role. Read more
Source : www.energydigital.com