Renewable capacity installations surged by almost 50% last year as global renewable energy capacity hit nearly 510 gigawatts (GW), led by solar photovoltaics and a jump in new Chinese installations, the International Energy Agency (IEA) said in a new report on Thursday. New renewable capacity saw the fastest growth rate in the past two decades, and 2023 was the 22nd year in a row that renewable capacity additions have set a new record, the IEA said in its Renewables 2023 report. Renewable capacity growth in Europe, the United States, and Brazil…
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