A new report from the International Renewable Energy Agency has found that renewable energy has entered what they are calling a “new virtuous cycle of falling costs, increasing deployment, and accelerated technological progress.”
The report, ‘Renewable Power Generation Costs in 2012: An Overview’, was launched during the recent International Renewable Energy Agency (IRENA) annual assembly and at the World Future Energy Summit in Abu Dhabi. It detailed a comprehensive analysis of the costs and performance of renewable power generation currently capable today.
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