Global renewable capacity additions defied COVID-19 to set new records in 2020, while global renewable energy output in the electricity sector jumped, unlike other energy sources. This year, renewable installations are set to further surge globally, with solar and wind posting new records on the back of strong Chinese development and a growing number of markets auctioning off solar, onshore wind, and offshore wind capacity, IHS Markit said in a new report this week. Last year, renewables turned out to be the most resilient energy sector…
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