2015: the year of records for Renewable Energy! According to the UN global investments in Renewable Energy Systems came at a staggering $285.9 billion dollars! The total installed capacity increased by 8.3% (that’s 152GW!) and for the first time, the gross new installed capacity in solar and wind surpassed the new installed capacity from fossil fuels.
Moreover, within 2015 the developing countries in comparison with the developed ones, have invested more capital into renewables. In total Asia increased its investments by 12% with Europe and North America by 6%
Finally, the global installed capacity of Renewable Energy Assets has surpassed the installed energy assets based on Fossil Fuel.