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Renewables Overtake Coal as World’s Largest Source of Electricity Capacity
"We are witnessing a transformation of global power markets led by renewables and, as is the case with other fields, the center of gravity for renewable growth is moving to emerging markets," Dr. Fatih Birol, the IEA's executive director, said.
The agency also raised its five-year forecast for renewable energy by 13 percent and now expects renewables to be 42 percent of global energy capacity by 2021.
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