Solar is a tremendous growth story Bloomberg Ne
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Posted On: 06/15/2017 4:51:19 PM
Solar is a tremendous growth story
Bloomberg New Energy Outlook 2017
TOP FINDINGS FROM NEO 2017
Solar and wind dominate the future of electricity
72% of the $10.2 trillion spent on new power generation worldwide to 2040 will be invested in new wind and solar PV plants. As a result, wind and solar will make up 48% of the world’s installed capacity and 34% of electricity generation by 2040, compared with just 12% and 5% now.
and...
“Renewable energy sources are set to represent almost three quarters of the $10.2 trillion the world will invest in new power generating technology until 2040, thanks to rapidly falling costs for solar and wind power, and a growing role for batteries, including electric vehicle batteries, in balancing supply and demand.”
Bloomberg New Energy Outlook 2017
TOP FINDINGS FROM NEO 2017
Solar and wind dominate the future of electricity
72% of the $10.2 trillion spent on new power generation worldwide to 2040 will be invested in new wind and solar PV plants. As a result, wind and solar will make up 48% of the world’s installed capacity and 34% of electricity generation by 2040, compared with just 12% and 5% now.
and...
“Renewable energy sources are set to represent almost three quarters of the $10.2 trillion the world will invest in new power generating technology until 2040, thanks to rapidly falling costs for solar and wind power, and a growing role for batteries, including electric vehicle batteries, in balancing supply and demand.”
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