Renewable Energy
The Sun Is Shining Bright on Solar Energy Growth
Solar photovoltaic energy is expected to account for about 60 percent of the renewable growth over the next five years. The falling average cost of installation and implementation for solar will aid in its expansion. Back in 2010, SEIA reports that each watt produced by solar cost about $5.00. That price dropped to right around $1.00 per watt by the second quarter of this year. The increased focus on renewables by governments is expected to help continue the downward trend in costs.

Description
This chart shows the renewable capacity growth estimates between 2019 and 2024 in gigawatts.