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Fourth Global Status Report Lead Authors: Eric Martinot and Janet Sawin

This report highlights the significant growth and investment in renewable energy, including a 400% increase in annual investment and a 75% increase in total power capacity. It also showcases the advancements in solar PV, wind power, solar thermal, biodiesel, and ethanol production. Key findings include the United States and the European Union adding more power capacity from renewables than conventional sources, and the impact of the global recession on the clean energy sector. The report emphasizes the importance of maintaining and expanding policies to support the renewable energy industry for economic and environmental benefits.

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Fourth Global Status Report Lead Authors: Eric Martinot and Janet Sawin

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  1. Fourth Global Status Report Lead Authors: Eric Martinot and Janet Sawin

  2. In Just 4 years... • Annual renewable energy investment up 400% - $120 billion in 2008; • Total power capacity up 75% to 280 GW,

  3. In Just 4 years... • Solar PV capacity increased 600% to 17 GW,

  4. In Just 4 years... • Wind power capacity increased 250% to 121 GW

  5. In Just 4 years... • Solar thermal capacity increased 200% to 145 GWth

  6. In Just 4 years... • Biodiesel production increased 600% to 12 billion liters/year • Ethanol production increased 200% to 67 billion liters/year.

  7. Growth in 2008 For the first time, both the United States and the European Union added more power capacity from renewables than from conventional sources of gas, coal, oil and nuclear.

  8. Growth Compared to 2007 • Wind power grew by 29%. • Global solar PV production increased 90% to 6.9 GW in 2008. • Grid-tied solar PV by 70%with solar PV plants larger than 200 kW increasing 300% to 3 GW. • Solar hot water grew by 15% • Annual ethanol and biodiesel production both grew by 34%. • Small hydro increased by about 8%

  9. Country Highlights • United States: leader in annual investment in new capacity - $24 billion or 20 percent of global total investment. • United States: leader in added and total wind power capacity, surpassing long-time leader, Germany. • Spain: added 2.6 GW of solar PV - 50% of global grid-tied installations and a 500% increase over 2007. • China: doubled wind power capacity for the fifth year in a row, moving into fourth place worldwide. • China: new world leader in PV cell production.

  10. Impact of Global Recession • Clean energy sector initially weathered the financial crisis in late 2008 • Investment downturned after September 2008. • Projects continue to progress • Renewable energy part of many stimulus packages. • Developing country assistance reached $2 billion in 2008.

  11. Policy Highlights • 73 countries now have policy targets • 64 countries with policies to promote renewable power generation • 45 countries and 18 states/provinces/territories with feed-in tariffs • 49 countries with renewable portfolio standards.

  12. Policy Highlights

  13. An Essential Path to the Future Renewable Energy Offers: Growth that can stimulate economic recovery without the burden of increasing carbon emissions. A turnkey solution to both climate change and energy security • “Now is not the time to relax policies that support a global, expanding renewable energy industry. By maintaining – and expanding – these policies governments, industry and society will reap substantial economic and environmental rewards when the economic rebound will require energy markets to meet rapidly increasing demand.” • - Mohammed El-Ahry, Chair, REN21

  14. www.ren21.net

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