Over 260 GW of renewable energy capacity were added last year worldwide, exceeding expansion in 2019 by close to 50%, despite the economic slowdown that resulted from the COVID-19 pandemic. Renewables account for 80% of all new electricity capacity added last year, with solar and wind representing 91% of new renewables, according to the recent report by IRENA.
The 10.3% rise in installed renewable capacity reflects
expansion that beats long-term trends of more modest growth year-on-year.
