Thursday, April 7, 2016

Global: Geothermal Energy Capacity Increased 5% in 2015 - IRENA

2015 Sets Record for Renewable Energy, New IRENA Data Shows (News Release)

Renewable power generation capacity grew 8.3% in 2015, the highest rate ever recorded

Renewable generation capacity increased by 152 gigawatts (GW) or 8.3% during 2015, the highest annual growth rate on record, according to  new data released by the International Renewable Energy Agency (IRENA). Renewable Capacity Statistics 2016 finds that as of the end of 2015, 1,985 GW of renewable generation capacity existed globally.

2015 was a record year for both wind and solar due in large part to a continued decline in technology costs. Wind power grew 63 GW (17%) driven by declines in onshore turbine prices of up to 45% since 2010. Solar capacity increased 47 GW (37%) thanks to price drops of up to 80% for solar photovoltaic modules in the same time period. Hydropower capacity increased by 35 GW (3%), while both bioenergy and geothermal energy capacity increased 5% each (5 GW and 1 GW respectively).

Geothermal power capacity increased by about 600 MW in 2015. Four countries (Italy, Mexico, Turkey and the United States of America) accounted for almost all of this increase.

Renewable Energy Capacity Statistics 2016

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