For the first time, the generating capacity of renewable energy systems around the world has surpassed coal power. According to a new report from the International Energy Agency (IEA), the growth was in large part due to new installations of solar power and wind projects. The IEA reports half a million solar panels were installed every day in 2015, and two new wind turbines went up every hour in countries such as China. Leave no room for doubt; this is epic news.
Fossil fuels may be old news and electric cars will be booming soon, according to 2016’s New Energy Outlook (NEO), an annual report from Bloomberg New Energy Finance.