Solar Investment Saw ‘Extraordinary Surge’ In 2017

In 2017, solar energy dominated global investment in new power generation like never before, reports the United Nations Environment Programme (UN Environment).

The world installed a record 98 GW of new solar capacity, far more than the net additions of any other power technology – including fossil fuels, nuclear or other types of renewable energy, says UN Environment. This 98 GW accounted for 38% of the net new power capacity coming on stream during 2017, the report says.