Prepared by the Renewable Energy Network for the 21st Century (REN21) in collaboration with the Worldwatch Institute, the Renewables 2007 Global Status Report paints an encouraging picture of rapidly expanding renewable energy markets, policies, industries, and rural applications around the world. In 2007, global wind generating capacity is estimated to have increased 28 percent, while grid-connected solar photovoltaic (PV) capacity rose 52 percent.
"So much has happened in the renewable energy sector during the past five years that the perceptions of some politicians and energy-sector analysts lag far behind the reality of where the renewables industry is today," says Mohamed El-Ashry, Chair of REN21.
(Source: REN 21)