At $272.9bn, 2018 investment in renewables capacity was 12% down on the previous year. Despite this, renewables’ investment was three times the total for coal and gas-fired generation capacity combined in 2018. Over the last decade, $2.6tn was invested in renewables (half going to solar), quadrupling capacity to 1,650GW. Consequently, renewables’ share of electricity generation reached 12.9%, up from 11.6% in 2017. This avoided an estimated 2bn … [Read more...]