Global Wind and Solar Just passed 1TW

The combined global capacity of wind and solar installations passed the landmark 1000GW in the first half of 2018. Capacity grew 65X since 2000 and took 18 years to get to 1TW. BNEF expects the second 1000GW will take just 5 years. And will cost around half as much.

The combined global capacity of wind and solar installations passed the landmark 1000GW in the first half of 2018.

According to Bloomberg NEF…

New output from the BNEF database shows that there were 1,013GW of wind and solar PV generating capacity installed worldwide as of June 30, 2018. The 1TW milestone would have been passed sometime just before this date. The total is finely balanced between wind (54%) and solar (46%).

Capacity grew 65X since 2000 and took 18 years to get to 1TW. BNEF expects the second 1000GW will take just 5 years. And will cost around half as much.

Read the full story on BNEF.

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