IEA: Solar PV Leads as Renewables Growth in Shadow of Policy Risks

JOHANNESBURG--September 3, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Global investment in new renewable power capacity is expected to reach just under $250 billion as additions remain at a level of 125 gigawatts (GW) in 2014, according to the latest International Energy Agency report. But annual investment is expected to drop slightly during the next few years as global capacity growth slows and costs fall. Within this article: Details of a new renewable energy capacity forecast by the International Energy Administration