The astonishing growth of the renewable energy sector shows little sign of slowing, as costs continue to plummet, along with the cost of energy storage, to remove many of the barriers to using intermittent renewable generating sources in a range of applications. Much of this is down to the fact that the cost of battery energy storage is one third lower than this time last year.
A third of the world’s total electricity generating capacity is now renewable, new figures show, with almost two thirds of all new electricity generating capacity now zero-carbon and emerging and developing economies leading the way in growing the market.
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