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Renewable Energy Capacity Grew in 2016 as Costs Fell

from InsideClimate News

The world added record levels of renewable energy capacity in 2016 while spending less on clean energy development, according to a new report by the United Nations Environment Program and Bloomberg New Energy Finance. Global renewable energy capacity, not including large-scale hydropower, increased by 9 percent in 2016 as spending on clean energy sources such as wind and solar decreased by 23 percent from the year before, according to the report. more

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