IEA: Renewables on Track to Become Largest Source of Global Electricity in Five Years – EcoWatch

Written by: Andrea Germanos

The International Energy Agency on Tuesday laid out how clean energy is booming in the face of the coronavirus crisis, revealing that auctioned renewable capacity from January to October was a record-breaking 15% higher than the same period last year.

The Paris-based agency’s Renewables 2020 report comes as the oil sector faces plummeting prices amid the Covid-19 pandemic.

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By Valerie Lam
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