IEA Sees Cost Of Renewables Falling, But Regional Adoption Constrained

The IEA sees 700GW of renewable energy projects coming online worldwide in the next five years, equivalent to two-thirds of net global capacity additions. Yet despite falling costs, regional renewables development remains patchy.

Policies aimed at enhancing energy security and sustainability lie behind record growth in global renewable electricity capacity in 2014. An additional 130GW of renewables capacity...