A new report confirms that 2015 was a record-breaking year for renewable energy in which 147 Gigawatts of renewable electricity came online.
That figure represents the largest annual increase ever recorded, and is due in part to the $286 billion invested in renewables. In fact, in 2015 almost twice as much money was spent on renewable energy, like solar and wind power, than fossil fuels like gas-fired power stations — only $130 billion.
This information comes as part of the Renewables Global Status Report authored by the global renewable energy policy network known as REN21.