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Global wind and solar capacity smashes 1,000 gigawatt barrier

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The world has now installed more than 1,000 gigawatts (GW) of wind and solar power, according to fresh data analysis.
Researchers from Bloomberg New Energy Finance (BNEF) announced the news last week, based on its own database of over 100,000 projects around the world.
As of 30th June 2018, analysis shows there is now 1,013GW of wind and solar PV, evenly balanced between the two: 54 percent wind and 46 percent solar.
The milestone is the latest sign that the world is making swift progress towards a low-carbon transition, driven by high levels of investment and the declining cost of building new renewable plants.
Since 2000, wind and solar capacity has increased 65 fold, with advances taking place at a speed which has defied forecasts.
And whereas the first 1,000 gigawatts of wind and solar (...)

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