The World is Changing

Last year, for the first time, renewable energy accounted for more than half of new power generation worldwide. China is expected to build more than twice that global amount in the next five years, driven by its thirst for more electricity capacity, public anxiety over air pollution and the need to fulfil its climate change pledges.

The world is changing, and Europe is no longer the big driver of green energy growth that it once was. “In the next five years, the People’s Republic of China and India alone will account for almost half of global renewable capacity additions,” says the IEA in a new report.