Clean Energy Gave More Capacity With Less Investment, IEA Says
Bloomberg | September 14, 2016
Renewables provided more bang for the buck last year because the cost of installations and financing declined, helping reshape the direction of the energy industry for decades to come, the International Energy Agency said. The capacity of new renewable-energy installations coming online surged 40 percent in five years even though investment in those technologies slid 2 percent to $288 billion, the Paris-based institution said in a report released on Wednesday.