Photo voltaic and wind vitality progress soared in 2020 and is on the right track to maintain catapulting upward. Final yr, renewable sources of electrical energy grew quicker than they’ve since 1999. That fast rise is much from a one-off occasion, in accordance with the Worldwide Vitality Company (IEA), which stated immediately that the “exceptionally excessive” progress in 2020 is the “new regular.”
It’s one more sign that renewable vitality is elbowing out competitors from fossil fuels, at the very least in relation to electrical energy. New renewable vitality capability — primarily photo voltaic and wind — made up a whopping 90 % of the ability sector’s progress globally final yr, in accordance with the IEA, an intergovernmental group that…