The global installed capacity of renewable energy could more than double to 3 203 GW in 2025 from 1 566 GW in 2012, new analysis by Frost & Sullivan shows.
The study, titled ‘Annual Renewable Energy Outlook 2014’, anticipates an average yearly growth rate of 5.7% and for solar photovoltaic (PV) technology to account for 33.4% of total renewable-energy capacity additions over the period.
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The study, titled ‘Annual Renewable Energy Outlook 2014’, anticipates an average yearly growth rate of 5.7% and for solar photovoltaic (PV) technology to account for 33.4% of total renewable-energy capacity additions over the period.
Read more.....
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