Global renewable energy industry grew at fastest rate since 1999 last year

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New wind and solar power projects in China, Europe and the US spurred 45% rise in capacity

The passing of a key industry deadline for state subsidies in China is expected to cause the country’s renewable energy growth to slow in the years ahead. But the IEA believes booming demand for clean energy across Europe and the US will keep the global industry’s annual growth close to last year’s level.

 

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