Category: Capacity Tracker

As urbanization and use of renewables continue to rise, the smart renewable city (SRC) concept is increasingly taking hold. In its seminal report Renewables power smart cities, Deloitte developed an SRC framework to identify and classify cities globally that are deploying solar and/or wind power in connection with their smart city plans.

As per IRENA’s latest release on renewable energy statistics, at the end of 2020, global renewable generation capacity amounted to 2,799 GW. Hydropower accounted for the largest share of the global total, with a capacity of 1,211 GW. Check out the key highlights of the report and the full publication that presents renewable power generation capacity statistics for the past decade.

Solar energy in the United States is booming. Along with Wood Mackenzie Power & Renewables and The Solar Foundation, the Solar Energy Industries Association (SEIA) has highlighted the key trends and trajectories in the solar industry that demonstrate the diverse and sustained growth of solar across the country.

EY’s Renewable Energy Country Attractiveness Index (RECAI), May 2020 indicates that COVID-19 will have a short to mid-term impact, but the long-term drivers for investment in renewables remains strong, making the sector a safer haven for investment.