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How Are Renewable Energy Technologies Evolving to Meet Future Global Demands?

Renewable energy is changing fast to keep up with the world's growing needs.

Here's what’s happening:

  • Investment Growth: In 2020, people invested $281 billion in renewable energy. That’s a 9% increase from the year before.
  • Capacity Expansion: The amount of energy we get from solar power has grown to about 773 gigawatts (GW) around the world. Wind energy also increased to about 743 GW by the end of 2020.
  • Cost Reductions: The price of solar panels has dropped by 89% since 2009. Onshore wind energy costs have gone down by 70%.

All these changes show that there’s a strong commitment to building a cleaner energy future.

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Click HERE to see similar posts for other categories

How Are Renewable Energy Technologies Evolving to Meet Future Global Demands?

Renewable energy is changing fast to keep up with the world's growing needs.

Here's what’s happening:

  • Investment Growth: In 2020, people invested $281 billion in renewable energy. That’s a 9% increase from the year before.
  • Capacity Expansion: The amount of energy we get from solar power has grown to about 773 gigawatts (GW) around the world. Wind energy also increased to about 743 GW by the end of 2020.
  • Cost Reductions: The price of solar panels has dropped by 89% since 2009. Onshore wind energy costs have gone down by 70%.

All these changes show that there’s a strong commitment to building a cleaner energy future.

Related articles