Global capital investment on renewables is expected to return to pre-pandemic levels in 2021, with solar PV set to account for the majority of clean energy capacity additions in the next five years, according to IHS Markit Energy Advisory Service.
Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).
Last year saw a number of emerging solar markets begin to fulfil their potential, setting up some promising prospects for 2016. Josefin Berg, senior solar analyst at market research firm, IHS, discusses the emerging-market highlights of 2015 and what to expect in 2016.
