The Informer

The world’s fastest-growing energy source during 2016 was solar power, according to figures from the International Energy Agency (IEA).

Solar’s 50% growth helped renewable to energy account for almost two-thirds of net new power capacity around the world last year, with almost 165GW coming online.

By 2022, the IEA expects renewable electricity capacity to increase by 43%.

‘New era’

Fatih Birol, Executive Director of the IEA, said: “What we are witnessing is the birth of a new era in solar PV.

“We expect that solar PV capacity growth will be higher than any other renewable technology through 2022.

“We see renewables growing by about 1,000GW by 2022, which equals about half of the current global capacity in coal power, which took 80 years to build.”

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