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The power of renewables

Wind and solar photovoltaic account for the majority of renewables electricity capacity added each year.

Renewable power is transforming the global electricity system, with new capacity and investment values consistently outstripping performance in the fossil-fuel sector. In 2016, more than 160 gigawatts of solar, wind, hydropower, geothermal, and biomass capacity was built around the world — an investment of almost $297 billion. Around one fifth of the world’s energy comes from renewables. Last year they made up more than half of new additions to power generation capacity globally.

source: worldbank