New report from IEA: The Covid-19 crisis is hurting but not halting global growth in renewable power capacity

The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the Covid-19 crisis, marking the first annual decline in new additions in 20 years. But their growth is expected to resume next year as most of the delayed projects come online and assuming a continuation of supportive government policies. All according to the the IEA’s Renewable Market Update report, which was released today (May 20, 2020).