Solar and wind energy are not the only renewable electricity sources, but they are building a dominant position in the market. IRENA’s figures show that solar and wind were responsible for 88% of all new renewable capacity in 2021. Solar energy grew by 19% last year, while wind energy grew by 13%.
However, IRENA director general Francesco La Camera warned that, despite the strong rate of expansion, far more needs to be done if the world is to avoid the worst effects of climate change. “Despite the encouraging global trend … the energy transition is far from being fast or widespread enough to avert the dire consequences of climate change,” said La Camera.
Source: Forbes