Clean Energy Market To Grow By 13.3% In 2018 To 154.6GW

Renewable power generation capacity will grow by 13.3% in 2018 to 154.6GW, according to new research from analysts Frost & Sullivan.

The research group says that investment in renewable energy will hit $228.3bn in 2018, with growth slightly down on 2017 as a result of China’s decision to slow the rate of growth in its solar sector.

Despite this, the improving economics of both generation technologies and storage, as well as increasing public support suggest that the sector remains well placed to thrive , the report adds.

 

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