Cleantech - Renewable Energy
The Renewable Energy market sees $279.8B invested, 3x higher investment than new fossil fuel capacity. Renewable Energy grows 8% per year since 2010, and now makes up 1/4 of global power generation. In 2017, there was a capacity of 94GW added in Solar PhotoVoltaic (PV), 47GW in Terrestrial Wind Power, and 4GW in Offshore Wind Power.
“The world’s actions today will be crucial to create a sustainable energy system for the future. Ultimately, the path to secure a better future depends on pursuing a positive, inclusive, economically, socially, and environmentally beneficial energy transformation.” International Renewable Energy Agency 2018.